Banks create WMPs in partnership with nonbank institutions like trusts, securities companies, and fund management companies.

银行与信托、证券公司以及基金管理公司等非银行机构合作发行理财产品。

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Bank of Beijing Co Ltd , a mid-sized lender, on Wednesday announced a partnership with smartphone maker Xiaomi Tech on mobile payments and sales of WMPs and insurance products.

周三，中等规模的北京银行宣布与智能手机生产商小米科技建立合作伙伴关系，合作范围涉及移动支付及销售理财产品和保险产品。

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