China Construction Bank is a state-owned enterprise. The history of China Construction Bank can be traced back to 1954. When it was founded, it was named the People's Construction Bank of China. At that time, it was a wholly state-owned bank under the Ministry of Finance, responsible for managing and distributing government funds allocated to construction projects and infrastructure-related projects according to the national economic plan. The main business areas of China Construction Bank include corporate banking, personal banking and treasury business, with branches and subsidiaries in 29 countries and regions, and subsidiaries in many industries such as funds, leasing, trust, life insurance, property insurance, investment banking, futures and pension. China Construction Bank has a broad customer base, maintains banking contacts with many large enterprise groups and leading enterprises in China's economic and strategic industries, and its marketing network covers major regions of the country. 20 16 On June 30th, the British Banker magazine published the ranking of 1000 big banks in the world, and China Construction Bank ranked second.