The China Construction Bank (CCB) will offer preferential policies in cooperation with multinational corporations (MNCs) in China, said the Bank's vice- president recently.

Zhang Enzhao made the remark during a recent meeting with some ranking multinational officials from companies including Shanghai Bell, General Motors, Siemens and Shanghai Johnson.

Zhang said the CCB will accelerate adjusting strategies for its clients and work out the most preferential policies for them in conformity with national laws and regulations.

Transnational corporations should meet the following requirements: investing in the businesses sectors encouraged by the government; having a long-term plan of management and a strong development potential; supporting sustainable businesses and operating with strict standards and high credit.

The CCB will adopt six measures in special economic zones and coastal cities that will, among other things, promote uniform foreign economic policies, offer financial solutions to ease burdens of foreign firms and improve efficient on-line services.

Statistics reveal that nearly 400 of the world's top 500 firms, and 59 of the 100 largest industrial MNCs had established branches or agencies in Shanghai by the end of July this year.

The CCB attaches great importance to its clients. As one of China's biggest state-owned commercial banks, its balance of loans to its clients has so far exceeded 90 billion yuan (10.8 billion U. S. dollars). (Xinhua)