When outlining next year's economic work, the Central Economic Work Conference prioritized expanding domestic demand, explicitly stating that it would "adhere to the principle of domestic demand as the main driver and build a strong domestic market." For a long time, the Bank of China has continuously innovated its financial products and service models, actively guiding more financial funds to flow precisely to key areas and weak links in the national economy, injecting strong financial momentum into promoting high-quality development.
Introducing financial resources directly to key projects
Recently, Bank of China, as the lead underwriter, assisted China State-owned Assets Holdings Co., Ltd. (hereinafter referred to as "China State-owned Assets") and China Chengtong Holdings Group Co., Ltd. (hereinafter referred to as "China Chengtong") in successfully issuing RMB 40.7 billion of special bonds for stabilizing growth and expanding investment in the interbank market, with a term of 10 years.
The funds raised will be used entirely for purposes related to stabilizing growth and expanding investment, with a focus on supporting investments in major and emerging projects. These include investments in major equipment upgrades and technological transformations, major scientific and technological innovation projects, and major strategic emerging technologies.
Special bonds for stabilizing growth and expanding investment refer to bonds issued by state-owned capital operation companies in the interbank bond market with the approval of the State-owned Assets Supervision and Administration Commission of the State Council, and are used to support key investments in "major projects" and "new infrastructure" projects. These special bonds fully leverage their role as capital ties and resource links, and are a concrete manifestation of serving the high-quality development of the real economy.
In recent years, Bank of China has fully leveraged its leading position in the interbank bond market, participating in all seven issuances of special bonds for stabilizing growth and expanding investment by China State-owned Assets Supervision and Administration Commission and China Chengtong Holdings Group in the interbank bond market. This has provided positive assistance to bond issuers in broadening their financing channels and ensuring that financial resources are precisely channeled to key areas of the real economy.
Gathering Development Momentum to Empower Key Areas
On September 29, three policy banks each established a new type of policy-based financial instrument company with full capital to serve as the lending entity, further supporting national strategic infrastructure projects and the development of the real economy. This new type of policy-based financial instrument is an important macroeconomic policy tool introduced by my country to stabilize the macroeconomy, expand effective investment, and promote economic transformation and upgrading. It primarily addresses the issue of insufficient project capital, thereby stimulating social investment and matching bank loans.
Bank of China has actively leveraged new policy tools, cumulatively providing new loans to over 100 projects, with a total new loan amount exceeding 10 billion yuan, successfully achieving a breakthrough in both loan disbursements and overall growth. These efforts have primarily supported key areas such as technological innovation, stabilizing foreign trade, and promoting consumption, providing strong support for optimizing strategic planning and stabilizing economic growth.
For a long time, Bank of China has been comprehensively optimizing the supply of financial services and continuously increasing investment in financial resources in key areas. As of the end of the third quarter of 2025, RMB loans from Bank of China's domestic institutions increased by RMB 1.67 trillion from the beginning of the year, a growth of 9.15%; outstanding equipment renewal loans exceeded RMB 130 billion; outstanding loans to the domestic manufacturing sector reached RMB 3.34 trillion, an increase of 12.10% from the end of the previous year; and outstanding loans to strategic emerging industries reached RMB 3.12 trillion, an increase of 26.29% from the end of the previous year.
Bank of China will thoroughly study and implement the spirit of the Central Economic Work Conference, continuously improve the quality and efficiency of financial services, and make sustained efforts to expand domestic demand and further strengthen the domestic economic cycle.
