On February 5, 1912, Bank of China was established at No. 3 Hankou Road (now No. 50) in Shanghai, performing the basic functions of a central bank. In August of the same year, Bank of China Beijing was established, and Bank of China Shanghai was renamed Bank of China Shanghai Branch. At present, the Shanghai Branch has nearly 8,300 employees. In recent years, under the strong leadership of the head office's party committee, the Shanghai Branch has closely followed the national development strategy, formulated an action plan to support Pudong in building a socialist modernization pioneer area, and a five-year action plan to support the construction of the five new cities. It has signed strategic cooperation agreements with the governments of the five new cities and the Hongqiao Business District Management Committee, established the Hongqiao Business District Sub-branch, and vigorously served Shanghai's new round of high-level reform and opening-up and high-quality economic and social development. It has actively integrated into the integrated development of the Yangtze River Delta, released comprehensive financial service plans for the integration, issued action plans for the integration, and provided credit support for key projects such as the Shanghai-Suzhou-Huzhou Railway and INVISTA nylon. It has actively participated in the financial reform of the free trade zone, took the lead in setting up branches in the free trade zone and the new free trade zone area, assisted the head office in establishing a sino-foreign joint venture wealth management company, supported a large number of key industries and major projects, and always promoted financial innovation. It has strongly supported the development of the STAR Market, issued the "Financial Product and Service Plan for Sci-Tech Enterprises," and provided comprehensive financial services such as door-to-door guidance, broker coordination, policy interpretation, and investment-loan linkage to 72 STAR Market listed companies in Shanghai. It has made every effort to serve the China International Import Expo (CIIE), deeply participated in overseas exhibition invitation, domestic investment attraction, financial service plan formulation, and product design, becoming a financial partner of the Shanghai trading delegation and a comprehensive banking service support enterprise and strategic partner of the CIIE. It has actively contributed to the construction of the science and technology innovation center, participated in the "Bank-Tax Interaction," "Investment-Loan Linkage," and the construction of the Zhangjiang "Technology Finance Platform," and has been awarded the "Outstanding Award for Science and Technology Financial Cooperation Bank" in Shanghai for five consecutive years. It has comprehensively enhanced credit support and financial service efficiency, supported the development of private enterprises and inclusive finance, issued the "Financial Product Plan for Supporting Private Enterprises," established the Inclusive Finance Department, and built a three-tier inclusive financial service system covering branches, sub-branches, and all outlets. It has helped Shanghai's high-quality economic development by supporting the construction of major projects such as infrastructure, rail transit, aircraft and ships, power and electricity, and old city renovation. Focusing on key areas such as infrastructure connectivity, international production capacity cooperation, and cross-border mergers and acquisitions, it has actively supported projects along the "Belt and Road" through traditional loans, loans under segregated accounting units, cross-border financing, free trade zone bonds, overseas bonds, syndicated loans, and structured financing. Standing at a new historical starting point, the Shanghai Branch of Bank of China will, as always, inherit the century-old history and fine culture of Bank of China, stimulate vitality, respond swiftly, make key breakthroughs, and strive with determination and steady progress in the new journey of building a globally first-class modern banking group.
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