November 2016: CIBAC Signed “Letter of Intent” with Xiangsanxie
In November 2016, CIBAC visited Changsha in Hunan Province. One of the purposes of this trip was to sign with Xiangsanxie the agreement about the use of offshore office. According to the agreement, CIBAC and Xiangsanxie will provide each other with free office space and support each other to use the existing platform to conduct business in the other country. The signing of this agreement is the substantive progress since the signing of friendship agreements between CIBAC and Hunan High-tech Entrepreneurs Association, Changsha High-Tech Entrepreneurs Association, and Changsha Association for Professional Managers in 2014.