Bank of Communications held its mid-year 2025 performance briefing on August 29. During the meeting, Zhou Wanfu, Executive Director and Vice President of Bank of Communications, provided detailed insights into the bank's strategic work deployment for the second half of the year. Centered around the thorough implementation of the "Five Major Articles" initiative, the bank will focus on six key areas to comprehensively enhance the quality and efficiency of serving the real economy, strengthen risk prevention and control capabilities, and support national strategic implementation.
Zhou Wanfu emphasized that in the next phase, Bank of Communications will deeply implement financial policies, improve capital utilization efficiency, provide full lifecycle and comprehensive financial services for technology innovation enterprises, and accelerate the development of green finance with enhanced quality and scale. In the inclusive finance sector, the bank will utilize digital methods to expand service coverage for small and micro enterprises, private enterprises, and agriculture-related areas, while accelerating the development of pension finance and building a diversified livelihood financial service system.
Regarding regional development strategy services, Bank of Communications will strengthen its home advantage in Shanghai, deeply serve Shanghai's "Five Centers" construction, and support the development of new quality productive forces. Through enhancing fintech capabilities and strengthening product and service innovation, the bank will consolidate and expand its leading advantages in financial market business, focus on building distinctive offshore finance and cross-border finance brands, and deeply participate in the construction of shipping and trade digitalization platforms to provide financial support for the digital transformation of the real economy.
Digital transformation, as one of the core strategies, will permeate the entire financial service process. Bank of Communications plans to advance comprehensive digitalization of financial services across all scenarios, implement digital business model reforms, enhance data capabilities, and drive service efficiency improvements through data elements and artificial intelligence. Through dynamic optimization and adjustment of business structure, the bank will maintain its commitment to serving the real economy, promote coordinated development and structural optimization of asset-liability volume and pricing, strive to achieve comparable performance indicators within the industry, and continuously enhance its contribution and visibility in major national strategic regions such as the Yangtze River Delta, Greater Bay Area, and Chengdu-Chongqing metropolitan area.
In terms of customer service system construction, Bank of Communications will advance customer foundation enhancement projects, improve customer management mechanisms, deepen online-offline integration, and strengthen coordinated development from government to business to consumer segments. The bank will intensify efforts in payroll, social security, and pension client acquisition, focus on consumption, payment, and settlement areas to deepen scenario-based ecosystem development, and comprehensively enhance customer service experience.
In risk prevention and control, Bank of Communications will adhere to bottom-line thinking, strengthen integrated and penetrative group management, and improve comprehensive risk management mechanisms. The bank will focus on implementing the "four early" requirements of early identification, early warning, early exposure, and early disposal, strengthen extreme scenario thinking, guard against external shocks, effectively control risks in key areas, and build a solid financial security defense line.