Foreign exchange industry reforms involve 22 banks, including six new additions such as Construction Bank.

When introducing the achievements of the first half of the year in promoting cross-border trade and investment facilitation, Li Bin, Deputy Director of the State Administration of Foreign Exchange and spokesperson, stated that in the first half of this year, 6 new banks have initiated foreign exchange exhibition business reform. So far, the total number of banks involved in the reform has reached 22, including state-owned large commercial banks, national joint-stock commercial banks, city commercial banks, and foreign banks, with business scope expanded nationwide. According to industry sources, the 22 participating banks include 4 large banks, 9 joint-stock banks, 4 city commercial banks, and 5 foreign banks. The 4 large banks are Bank of China, Agricultural Bank of China, China Construction Bank, and Bank of Communications; the 9 joint-stock banks are China Citic Bank, Minsheng Bank, Shanghai Pudong Development Bank, Zhejiang Commercial Bank, China Merchants Bank, Industrial Bank, Guangfa Bank, Ping An Bank, and Everbright Bank; the 4 city commercial banks are Ningbo Bank, Hangzhou Bank, Jiangsu Bank, and Nanjing Bank; and the 5 foreign banks are Standard Chartered Bank, Citibank, HSBC, JPMorgan Chase Bank, and Sumitomo Mitsui Bank.