Recently, six major state-owned banks—Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BOC), China Construction Bank (CCB), Bank of Communications (BoCom), and Postal Savings Bank of China (PSBC)—have successively held their 2026 Party Building and Operational (Management) Work Conferences to outline key tasks for the year.
ICBC's 2026 Party Building and Operational Management Work Conference outlined six key deployment areas. These include enhancing risk prevention effectiveness to achieve new progress in comprehensive risk management, strengthening compliance capabilities to ensure a new leap in internal control management, and elevating the tier of high-quality development to demonstrate a new commitment to servicing modernization. Other priorities involve boosting the value of high-quality services to create a new ecosystem of symbiotic success, improving services for high-level opening-up to forge a new landscape of global coordination, and increasing the quality and efficiency of high-performance reforms to stimulate new vitality in innovation and creation.
Simultaneously, the meeting emphasized that for 2026, the focus must be on accurately identifying key operational thrusts for the initial year of the plan, effectively preventing and defusing risks in key sectors, accelerating the alignment of products with clients, and supporting the consolidation of a stable and improving economic trend. It also called for persistently deepening reform, innovation, and operational transformation to ensure the completion of all annual targets.
ABC's 2026 Party Building and Operational Work Conference stressed that serving agriculture, rural areas, and farmers must always be the top priority, with full support directed towards comprehensive rural revitalization and integrated urban-rural development. The bank pledged to increase financing supply in key sectors to help consolidate and extend the economy's stable and positive momentum, and to prevent and resolve risks in a forceful, orderly, and effective manner to safeguard the security baseline for high-quality development. It also affirmed a commitment to deepening reforms and innovation in key areas, using customer and employee satisfaction as benchmarks.
The meeting required that for 2026, policy and resource support must be strengthened to fully manage credit allocation effectively. Efforts will also focus on enhancing deposit mobilization and customer base development to provide robust support for serving the real economy, vigorously advancing quality improvement, cost reduction, and efficiency gains to promote steady profit growth, ensuring risk prevention and control in key areas to maintain stable asset quality, and persistently strengthening case prevention and compliance work to continuously improve fundamental management levels.
BOC's 2026 Party Building and Operational Management Work Conference proposed accurately grasping the strategic direction and key tasks for the 15th Five-Year Plan period. It emphasized serving the overall work of the Party and the state, supporting high-quality economic and social development, and safeguarding and improving people's livelihoods through practical responsibility. The bank aims to enhance its core functions and competitiveness by focusing on its primary responsibilities and businesses, diligently execute the "Five Major Financial Articles" in serving the real economy, break bottlenecks constraining high-quality development through deepened reforms, and adhere to risk and compliance bottom lines while balancing development and security. Furthermore, it stressed solidifying the political responsibility of Party governance by upholding and strengthening Party leadership, and fostering a clean political ecosystem by improving systems, strengthening supervision, and punishing corruption.
Additionally, the meeting called for contributing to the accelerated building of a strong financial nation, thereby making new and greater contributions to the comprehensive advancement of national rejuvenation.
CCB's 2026 Party Building and Operational Management Work Conference emphasized adhering to upholding fundamental principles while breaking new ground, and leveraging strengths while addressing weaknesses to consolidate and expand traditional advantages. It highlighted strengthening synergistic linkages to promote the integration of commercial and investment banking, public and private sectors, domestic and foreign currencies, and group-wide operations, thereby enhancing the adaptability of financial services. The bank committed to vigorously supporting the nation's high-level sci-tech self-reliance, striving to build itself into a leading bank in technology finance, solidly advancing digital and intelligent transformation, and continuously improving the quality and efficiency of serving the real economy. It also aims to comprehensively enhance its capability to participate in international competition, strongly supporting high-level opening-up, focusing on improving county-level financial services to better serve integrated urban-rural development, and building a comprehensive, proactive, intelligent, and agile risk control system for early risk identification, warning, exposure, and disposal.
The meeting arranged the main operational targets and key tasks for 2026, requiring stable and progressive development with improved quality and efficiency, coordinating and promoting the high-quality development of all business lines, and enhancing core competitiveness and service capabilities.
BoCom's 2026 Party Building and Operational Work Conference required a coordinated effort in executing the "Five Major Financial Articles" and enhancing the systematic supply capacity for these areas. It emphasized focusing on supporting Shanghai's "Five Centers" construction, further strengthening its Shanghai home base, enhancing service functions and tiers, and radiating impetus to drive innovation across the bank. The focus will also be on reducing costs, improving quality, and increasing efficiency by deepening the "AI+" initiative, strengthening digital and intelligent thinking, deepening practical application, and using AI technology to reengineer business processes and innovate service models to better support management decisions, empower frontline development, and promote value creation. Balancing development and security is crucial, requiring prudent responses to external shocks and challenges, strengthening risk prevention in key areas, accelerating the remediation of risk management shortcomings, and resolutely holding the bottom line against systemic risks.
When deploying 2026 operational management tasks, the meeting stressed the need to balance multiple objectives and coordinate all aspects of work, closely focus on structural optimization to achieve sustained allocation, profit growth, and risk stability, and proactively exert effort to grasp the initiative for the year's work.
PSBC's 2026 Work Conference required seizing the strategic opportunities of the 15th Five-Year Plan period to comprehensively advance the "Six Upgrades": specialization, asset-lightness, comprehensiveness, ecosystem development, refinement, and digitalization/intelligence. By creating a "second growth curve" and pursuing dual-track, integrated development, the bank aims to shift from scale-driven to value-driven growth, embarking on a new journey of high-quality development. It must fight "Six Critical Battles" focused on optimizing the asset-liability structure, improving capital quality and efficiency, enhancing income quality, strengthening cost control, improving customer operations, and boosting risk control capabilities to achieve "balanced, robust, and sustainable" development.
Concurrently, the meeting emphasized that 2026 marks the beginning of the 15th Five-Year Plan period, requiring adherence to the principle of seeking progress while maintaining stability, improving quality and efficiency, balancing development and security, accelerating the transformation of the development model, and focusing on four key tasks: preventing risks, adjusting structure, promoting reform, and strengthening governance.
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