The board of directors of China Assurance Finance Group Limited announced that on 24 May 2017, the company and Guangxi Sumaotong Business Services Company Limited entered into a strategic cooperation agreement pursuant to which all-dimensional cooperation will be rolled out by the Parties for cross-border electronic trading of Guangxi specialty agricultural products on the online trading platform of the company taking advantage of the integrated services for foreign trade import and export business implemented by Guangxi Sumaotong. According to the Strategic Cooperation Agreement, in the principle of complementing each other to attain mutual benefits and common development, all-dimensional cooperation will be rolled out in the area of bulk commodities cross-border trading in response to the national strategy of The Belt and Road Initiative and the requirement for reforming the supply side so as to better serve the real economy. The Parties recognised that bulk commodities are bulk-trading goods which are used for the production and consumption in industrial and agricultural sectors. Bulk commodities have significant commodity attributes, with its pricing, trading, warehousing, logistics etc. having a crucial impact on the national economic development. By connecting traditional bulk commodities exchanges to the internet, bulk commodities exchange platform version 2.0, i.e. bulk commodities electronic trading platform will be formed to enable bulk commodities trading to take place anytime anywhere.