China’s four major banks refer to the four large state-owned banks directly controlled by the state (Ministry of Finance, Central Huijin Corporation), including: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank (Industry, Agriculture, China, and Construction), also known as the four central banks, represent the strongest financial capital in China.

1. Industrial and Commercial Bank of China trademark:

2. Agricultural Bank of China:

3. Bank of China:

4. China China Construction Bank:

Extended information:

Yuan Xiaohui, Bank of China’s Institute of International Finance, analyzed that the biggest change in this year’s list is that the top four banks are all Chinese banks; Last year, three of the top four banks besides JP Morgan were Chinese banks.

The rankings of Bank of China and Agricultural Bank of China increased by 1 and 2 places respectively. Correspondingly, the rankings of US-funded banks declined. China's banking industry has surpassed the Eurozone and the United States for three consecutive years in terms of total primary capital, total assets, and total pre-tax profits, ranking first among all countries and regions.

It can also be seen from the list that the global banking industry has experienced double-digit earnings and capital growth for the first time in seven years. Looking at the world's 1,000 largest banks, the total pre-tax profit in 2017 reached US$1.1 trillion, a year-on-year increase of 15.57%; even the profit growth rate of the Japanese banking industry, which has been under a long-term negative interest rate policy, increased to 7.6%.

At the same time, the total tier-one capital of the world's 1,000 largest banks in 2017 totaled US$8.2 trillion, a year-on-year increase of 11.67%. Except for Latin America and the Caribbean, the growth rate of tier-one capital in all regions in the world exceeded Double digits. This is the first time since 2010 that both profit growth and tier-one capital growth have exceeded double digits, indicating that the global banking industry is recovering strongly.

There is polarization in bank employment: on the one hand, some small and medium-sized banks are still expanding the number of employees in order to rapidly expand their scale; on the other hand, many large banks are streamlining the number of employees in order to achieve Organic growth and sustainability.

The difference between China's large banks and small and medium-sized banks is even more obvious: China Construction Bank reduced its employees by 10,000 in 2017, while Hua Xia Bank, Industrial Bank, and Shanghai Pudong Development Bank ranked among the top 10 with the largest number of new employees in the world. Bank list.

Baidu Encyclopedia-China’s Four Major Banks