Zhang Yi, President of China Construction Bank, attended the opening ceremony and the first plenary session of the 2026 Lujiazui Forum in Shanghai on June 17th. He also delivered a speech at the thematic conference focused on "Establishing and Improving a Fully-Functional Capital Market."
Zhang Yi emphasized that banking and financial institutions can play a more significant role in building a robust and well-functioning capital market. He outlined three key areas for action. First, banks should actively participate in the capital market by strengthening the supply of high-quality "patient capital," investing early, in small enterprises, for the long term, and in hard technology sectors. Second, they should serve as a bridge between the capital market and the credit market, actively promoting the integration of commercial and investment banking services and optimizing comprehensive financial services encompassing equity, loans, bonds, guarantees, and leasing. Third, banks should act as cross-border financial service providers, advancing the integration of domestic and foreign currencies as well as onshore and offshore markets to further deepen the connectivity of global capital markets.
The 2026 Lujiazui Forum, themed "Financial Development and Cooperation under the Global Governance Initiative: New Vision, New Challenges, and New Opportunities," was jointly hosted by the Shanghai Municipal People's Government, the People's Bank of China, the National Financial Regulatory Administration, and the China Securities Regulatory Commission.
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