ABC to speed up pace of development in 2011

 ABC will build itself into an outstanding large listed bank beginning 2011.

This was stressed during Agricultural Bank of China's  2010 Working Conference in Beijing

The bank will focus on the general target of building itself into an outstanding large listed bank, lay a sound management foundation, effectively guard against risks, strive to create value, strengthen the party construction, enhance core competitive advantages and sustainable development capability, and make a good start for ABC's target of the 12th Five-Year Plan period and building itself into an outstanding large listed bank.

Mr. Xiang Junbo emphasized in the report that, ABC must focus on the main theme of "Strengthening the Foundation of Management and Consolidating the Basics of its Development", launch the event of "The Year of Fundamental Management Enhancement" and provide strong foundation support to build ABC into an outstanding large listed bank.

Mr. Xiang Junbo required that, ABC should speed up the pace of business development and further enhance the value creation capability while strengthening the management foundation in an all-round way. This year, ABC will continue to implement the county-level "blue ocean" market strategy and the strategy of developing key cities preferentially, strive to realize the pattern of coordinated development of both county area business and urban business, take serving "Sannong" as ABC's ultimate target. ABC will push ahead with urban business operation transition and further enhance the market competitiveness.