China Merchants Bank President Wang Liang: The Chinese banking industry has entered a new stage of transformation, upgrading, and value creation

Wallstreetcn
2025.11.19 12:49

Wang Liang, President of China Merchants Bank, stated at the 2025 Shenzhen International Financial Conference that China's banking industry has bid farewell to the stage of scale expansion and has entered a new stage of transformation, upgrading, and value creation. Accelerating transformation and upgrading is an inevitable requirement for the banking industry to serve national strategies, adapt to market changes, effectively respond to low-interest rate challenges, and address risk situations. China's banking industry needs to closely integrate national needs, industry directions, customer desires, and its own capabilities to accelerate transformation and upgrading, and comprehensively enhance its ability to serve Chinese-style modernization and the construction of a financial powerhouse. (Shanghai Securities Journal)

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