In November 2012, the ministry of civil affairs signed a relevant agreement with the national development bank, decided to carry out strategic cooperation and jointly promote the construction of the social pension service system. According to the agreement, China development bank will provide no less than 10 billion yuan a year of special loan scale, and the overall situation and the specific project based on the actual progress timely arrangement, CMG company in Beijing as a major commitment shall subject, building the financing platform, support the implementation of pilot projects.