BEIJING, May. 12 (China Space News) — China Aerospace Science and Technology Corporation (CASC) and China Minsheng Bank Co., Ltd. signed a strategic cooperation agreement in Beijing on May 10. 

CASC President Lei Fanpei, Minsheng Bank Chairman Hong Qi, and CASC Vice President Zhang Jianheng witnessed the signing of the agreement.

Based on the former good cooperation, the two parties decided to set up a comprehensive strategic partnership in settlement, cash management, financing and credit, asset management and other business.