On November 6, 2025, Liu Jun, President of Industrial and Commercial Bank of China (ICBC), led a delegation to Shanghai Clearing House for a research visit. The meeting was chaired by Ma Jianyang, Chairman of Shanghai Clearing House, with participation from Zhao Guide, ICBC Party Committee member, and Xu Zaiyue, General Manager of Shanghai Clearing House.
The two parties held extensive discussions on enhancing financial services to support the real economy, facilitating high-level openness in financial markets, aligning international development strategies, and deepening global financial cooperation under the "Belt and Road Bankers Roundtable (BRBR)" framework. Both sides emphasized their commitment to implementing the guiding principles of the Fourth Plenary Session of the 20th CPC Central Committee and the Central Financial Work Conference. Leveraging their roles as a state-owned megabank and a critical financial infrastructure institution, they pledged to strengthen collaboration in centralized clearing, issuance registration, custody and settlement, commodities, Yulan bonds, and risk management. The partnership aims to deepen involvement in global financial governance and jointly advance the internationalization of the renminbi, providing robust support for the smooth launch of the 15th Five-Year Plan.
ICBC, a comprehensive clearing member of Shanghai Clearing House, has previously received awards such as "Outstanding Clearing Member" and "Excellence in Settlement Services."