To implement the decisions and arrangements of the CPC Central Committee and the State Council, solidly advance the "Five Key Areas" of sci-tech finance, green finance, inclusive finance, elderly care finance, and digital finance, drive the high-quality development of digital finance, and strengthen the construction of supporting facilities for the "Five Key Areas" of finance, Nanjing Innovation Investment Group (hereinafter referred to as "the Group") has joined hands with ICBC Financial Assets Investment Co., Ltd. (ICBC AIC) to jointly make a strategic investment of over 100 million yuan in China Economic Information Service Co., Ltd. (hereinafter referred to as "CEIS"). This investment aims to help reduce the risk that Chinese financial institutions may face "strangulation" by international financial information service giants.

As a professional economic information service institution directly under Xinhua News Agency and a pilot unit for the construction of national high-end think tanks, CEIS has developed over more than 30 years into one of China’s most authoritative economic information service institutions with the widest service scope and the most comprehensive range of products.
This strategic investment has received great attention from Xinhua News Agency and Nanjing Municipal Government. In the future, the Group and CEIS will carry out in-depth cooperation in economic information and financial data, high-end think tank services, digital businesses, and other areas. This collaboration will encourage Xinhua News Agency and CEIS to open up more high-quality resources to Nanjing and actively facilitate the local deployment of CEIS’s new business initiatives in the city. Both parties will strive to increase contributions to Nanjing’s industrial development, advance the implementation of relevant business projects, and enhance the capabilities and standards of state-owned economic information services in Nanjing. Meanwhile, CEIS’s advantages in resources and channels will help the Group comprehensively improve its operating performance, brand promotion, and social influence, ultimately achieving mutual benefit and win-win results.
As Nanjing’s only municipal-level innovation investment platform and the management institution of the "4+N" industrial fund cluster, the Group undertakes the important tasks of promoting the clustered development of Nanjing’s industries and supporting the construction of the Sci-Tech Finance Reform Pilot Zone. With a total scale of 30 billion yuan, ICBC AIC, as a key component of the "4+N" industrial fund cluster, will focus its investments on Nanjing’s "4266" industrial system. It will work to revitalize Nanjing’s traditional industries, strengthen emerging industries, and foster future industries, thereby building a key hub for developing new productive forces.
Source: Nanjing Innovation Investment Group
Image Source: Photo by Dong Jiaxun, reporter of Nanjing Daily/Zijinshan News
Reviewer: Xue Yao
Publisher: You Yi
