Wang Guan, Party Committee Secretary of BANKCOMM's Beijing Branch, stated that after research, BANKCOMM believes commercial banks in the new era should shoulder three missions: first, to be co-builders of an innovation ecosystem, cultivating new quality productive forces with adaptable financial services; second, to be practitioners of inclusive sharing, enhancing people's livelihoods and welfare with people-centered financial services; and third, to be leaders of the green transition, supporting sustainable development through systematic financial practices.
Wang Guan expressed her honor at participating in the Golden Qilin Forum and, inspired by the previous speakers, aimed to discuss the topic of enhancing financial quality and efficiency to support high-quality economic development. The blueprint outlined by the Party provides key pathways for future high-quality development—innovation drive, people's welfare, and green transition—which also open up blue oceans for commercial banks. After analysis, it is believed that commercial banks in the new era should shoulder three specific missions.
First, banks must courageously act as co-builders of the innovation ecosystem, enhancing new quality productive forces with adaptable technology. Scientific and technological innovation activities are characterized by high risk, long cycles, and light assets, making traditional credit service models insufficient. Tech enterprises require comprehensive financial solutions beyond simple credit, including payment settlement, industrial chain integration, equity financing, and capital market access. This demands transformation in professional judgment, risk tolerance mechanisms, product service systems, and even bank structure and culture. Facing these challenges, BANKCOMM is actively building an open, collaborative, and mutually beneficial ecosystem. At a top-level, in 2024, BANKCOMM signed a strategic cooperation agreement with the Torch Center of the Ministry of Industry and Information Technology to jointly establish the Torch-BANKCOMM Joint Innovation Lab. In 2025, the two parties launched a "Five-One" special initiative involving deep mutual visits, bank-enterprise matchmaking, financing roadshows, promotion of financing products, and creating replicable experiences, deepening the cooperation from strategic framework to concrete action.
From a product perspective, BANKCOMM's Beijing Branch and the Torch Center have jointly launched the BANKCOMM Torch Loan, specifically serving long-term, technology-based small and micro enterprises. This product has been well-received in the market after several upgrades. Furthermore, through this collaboration and by breaking down data barriers, the bank has innovated an active credit granting service model, where account managers proactively visit enterprises with pre-approved credit limits to enhance financing convenience. In the next stage, BANKCOMM will continue to enhance its supply of high-quality financial services to contribute to high-level technological self-reliance and strength.
Second, commercial banks must resolutely be practitioners of inclusive sharing, enhancing people's welfare with people-centered financial services. High-quality development is ultimately reflected in the better lives of the people. Currently, China's economy and society are undergoing profound changes: a persistent low-interest-rate environment, accelerating population aging, and deepening technological application are driving diversified, personalized, and full-life-cycle financial needs. Specific manifestations include increasingly urgent and complex retirement planning demands; a greater focus on comprehensive asset allocation and long-term service in wealth management; and the growing prominence of financial needs for new urban residents in entrepreneurship, employment, education, and healthcare. BANKCOMM always adheres to a people-centered value orientation, striving to deeply integrate financial services into the entire life cycle of the people. In the pension finance sector, it actively responds to the national strategy on aging by participating in the construction of the third pension pillar, offering not only products like pension wealth management and exclusive insurance but also expanding wellness and health management services to create comprehensive and secure solutions for old age. In wealth management, it strengthens investor education and long-term companionship, helping clients establish rational investment concepts and striving to increase residents' property income. In serving new urban residents, it deepens inclusive finance by integrating into livelihood scenarios; for instance, the Beijing Branch connected with the city's housing rental deposit management system to provide rental deposit loan support, making the fruits of financial reform and development more accessible to the public. Going forward, BANKCOMM will uphold its original aspiration of finance for the people and systematically improve quality and efficiency in the field of livelihood finance.
Third, commercial banks must proactively be leaders of the green transition, supporting sustainable development through systematic financial practices. Promoting a comprehensive green transition of economic and social development is an inherent requirement of high-quality development, crucial not only for ecological health but also for reshaping industrial competitiveness and opening new growth spaces. BANKCOMM insists on making green the base color for the entire group's business operations, leveraging its full-license advantage to form a diversified product and service system covering green credit, green supply chains, green investment banking, green leasing, and carbon finance. Wang Guan also shared the practice of BANKCOMM's Beijing Branch participating in standard setting. In 2024, as the only banking institution involved in drafting, it participated in compiling the Beijing-Tianjin-Hebei region's first "Practical Guide for Transition Finance in Highway Engineering Construction," providing financial standard support for the green and low-carbon upgrade of infrastructure. Last year, under the guidance of the People's Bank of China Beijing Branch, BANKCOMM led the compilation of Beijing's Transition Finance Catalogue, focusing on six key areas—construction, data centers, industrial parks, transportation, logistics, and urban modern agriculture—to深入研究 low-carbon transition pathways and technical indicators, providing clear and operable criteria for identifying transition finance activities and guiding capital towards areas with actual emission reduction effects. In the next step, BANKCOMM will continue to fully practice the green development concept, improve systems and mechanisms, and build a full-chain green financial ecosystem to contribute financial strength towards achieving the "dual carbon" goals.
The Party's requirements call for fully mobilizing the enthusiasm, initiative, and creativity of the whole society in投身 Chinese modernization. BANKCOMM's Beijing Branch will continue to be rooted in the capital and act proactively. There is firm belief that by enhancing the quality and efficiency of the financial industry, stronger impetus will be injected into high-quality economic and social development, contributing financial institutional strength to a good start for the 15th Five-Year Plan period.
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