On March 12, NAFMII signed a tripartite memorandum of cooperation with the People’s Government of Inner Mongolia Autonomous Region and PBC Hohhot Central sub-branch in Hohhot. Cao Zijuan, Deputy Secretary-General of NAFMII, Yu Wenjian, Head of PBC Hohhot Central Sub-branch, and Li Ya, Director of Financial Affair Bureau of the People’s Government of Inner Mongolia Autonomous Region, signed and exchanged the "Memorandum of Cooperation on Boosting Economic Development in Inner Mongolia via Interbank Market”. Bu Xiaolin, Vice-Chairman of the People's Government of Inner Mongolia Autonomous Region, attended the signing ceremony.

NAFMII signs a tripartite memorandum of cooperation with the People’s Government of Inner Mongolia Autonomous Region and PBC Hohhot Central sub-branch

Inner Mongolia has an important strategic position in China’s general situation for economic and social development as well as prosperity and stability in border areas. NAFMII, by upholding the principles of "self-regulation, innovation, service", received supports by all market members, and has maintained close collaboration with the People’s Government of Inner Mongolia Autonomous Region and PBC Hohhot Central sub-branch over the past few years to enhance the timeliness and effectiveness of the interbank market in serving the real economy of Inner Mongolia.

By the end of February 2013, 32 companies from Inner Mongolia had issued 85 debt financing instruments of different kinds, cumulatively raising RMB 82.51 billion and with an outstanding balance of RMB 49.91 billion. The issuers come from pillar industries and industries with unique advantages in Inner Mongolia, such as energy, metallurgy, chemical, agricultural and livestock products, processing, equipment manufacturing and high-tech, lending strong support to Inner Mongolia’s efforts to develop “Five Bases”, "Two Screens" and "A Bridgehead and Economic Zone”.