China Post Group Corp. and Huawei Technologies signed a strategic cooperation deal on Wednesday.

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, while the Postal Savings Bank of China, affiliated to China Post, will collaborate with Huawei to build an innovation center.