In recent years Industrial and Commerce Bank of China (ICBC) has maintained a tradition to hold to press conference on its annual performance, an occasion seldom would journalists miss as the pragmatic and efficient working style of the conference makes the process very productive. The host always comes straight to the point instead of wasting time reading the speech draft. Instead the host will send the news release to every journalist. Hence the journalists can ask questions directly.

The 2016 annual performance press conference at 6:30 PM on March 30th was just the same. Again, the conference was held simultaneously in both Beijing and Hongkong, and the journalists posted their questions on the screen by turn to achieve on-site interaction. This time, Huiman Yi, the Chairman of ICBC, Hongli Zhang, Vice president of ICBC, Bairong Wang , the Chief Risk Officer, and Changfa Zhu — the manager of asset and liability department attended the conference in Beijing, while Shu Gu, Vice chairman and president of ICBC headquarter, Xueqing Guan — the Secretary of the Board, Xuekun Wei, Manager of Credit and Investment Management Department, and Wenwu Zhang, Manager of Financial Accounting Department attended the one in Hongkong.

The journalists kept asking questions constantly, whereas the high level managers represented by Huiman Yi used their wisdom to answer them carefully. There have been many highlights during the entire conference, which could respond to plenty of hotpot issues in banking industry. There are some brilliant contents of Huiman Yi’s response at the conference:

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