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Is China Merchants Bank a state-owned enterprise or a private enterprise?
China Merchants Bank is a private enterprise.

China Merchants Bank was established in Shekou, the forefront of China's reform and opening up. It is the first joint-stock commercial bank in China that is wholly controlled by an enterprise as a legal person, and it is also the first pilot bank to promote banking reform from outside the system. Since its establishment 35 years ago, China Merchants Bank has become a banking group listed in Shanghai and Hong Kong, with financial licenses such as commercial banks, financial leasing, fund management, life insurance, overseas investment banks, consumer finance and wealth management subsidiaries. It has distinctive development characteristics and important market influence in the world.

By the first half of 2022, there were 65,438+043 branches (including FTZ branch) and 65,438+07,765,438+0 branches in China, covering more than 65,438+030 cities, and there were 6 branches and 2 representative offices overseas, with the total number of employees exceeding 6,543,800.

In 2022, China Merchants Bank ranked 174 in Fortune Global 500. In the ranking of global banks 1000 published by The Banker in 2022, China Merchants Bank ranked 1 1, ranking in the top 20 for five consecutive years. 20/kloc-from 0/9 to 2022, China Merchants Bank also won the "Best Bank in China" award from Eurocurrency, creating the first "four consecutive championships" in the history of this award.

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Contribution of China Merchants Bank:

1. Economic support: China Merchants Bank has rich experience and strong strength in the field of financing, providing a large number of loans and financing support for enterprises and individuals in China, and promoting the development and prosperity of the real economy in China.

2. Financial innovation: As the first joint-stock commercial bank in China, China Merchants Bank has unique advantages in financial innovation. Actively promoted the development of financial technology, launched a series of innovative products and services, and injected vitality into China's financial industry.

3. Support for small and micro enterprises: China Merchants Bank has been committed to supporting the development of small and micro enterprises. Credit support and financial services for small and micro enterprises have promoted the vigorous development of China's private economy and provided important support for employment and entrepreneurship.

4. Financial poverty alleviation: China Merchants Bank actively responded to the national poverty alleviation policy and carried out financial poverty alleviation through innovative products and services. Through credit support and financial training in poverty-stricken areas, help poor people get rid of poverty and become rich, and promote rural economic development.