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On 5 June 2019, China Post Group Corporation and Huawei Company signed a strategic cooperation agreement. 

According to the deal, the two sides have established a comprehensive strategic cooperation partnership, agreeing to deepen cooperation and pursue mutual development in finance, technological innovation, express logistics and talent cultivation.

The cooperation will involve spheres including smart logistics, cloud computing and big data, with the aim of boosting the use of information and communication technology (ICT) in China Post’s financial, delivery and postal business, and accelerate China Post’s ICT digital transformation.

China Post and Huawei will jointly establish a laboratory for new technology application “China Post·Huawei New Technology Application Lab”, while the Postal Savings Bank of China, affiliated to China Post, will collaborate with Huawei to build an innovation centre “Post Savings Bank·Huawei Joint Innovation Centre”.

A statement released by China Post said: “The fourth industrial revolution has quietly arrived. Faced with the current new historical opportunities and challenges, the two sides will rely on the “joint innovation mechanism” to further deepen all-round cooperation and jointly march towards the successful road of digital transformation.”

Previously, the two sides have cooperated in the fields of finance, logistics and talent training.

China Post said: “The strong cooperation between the two sides to carry out cooperation in a higher level, deeper level and wider scope will help to consolidate their respective competitive advantages and industry status, and bring customers an updated experience, higher value and better service.”

Liu Aili, Chairman of China Post Group, Zhang Jinliang, General Manager and Xu Zhijun, Chairman of the Board of Directors of Huawei attended a signing ceremony. Wen Shaojun, deputy general manager of China Post Group, and Lu Yong, vice president of Huawei and president of China, signed the agreement on behalf of both parties.