In the first half of 2016, ICBC has continued to implement e-ICBC internet finance upgrading strategy and improve internet finance architecture covering financial services, e-business, life and social networking, with focus on “Three Platforms, One Center”. Internet finance related businesses have posted rapid growth.

In the first half of 2016, ICBC has integrated internet and mobile banking into “ICBC Mobile” - a more open direct banking platform -- with a customer base of 215 million and an increase of 12.4% over the end of last year. The Bank’s e-commerce platform “ICBC Mall” has dug into the blue sea of e-business such as B2C real estate and B2B supply chain in addition to a cross-border e-business platform, posting a total transaction of RMB 681.4 billion, up by 233% on yearly basis, including a YoY soar of 733.5% in non-financial transactions. “ICBC Link”, the social-networking-based financial service platform developed by ICBC, adopts brand-new interface design and provides a series of new functions such as AA collection, friend transfer, face-to-face collection, group establishment and service number voting, achieving over 30 million registered customers.

By leveraging strength in big data and information technology, ICBC established its internet financing center and personal credit consumption finance center last year. It has comprehensively launched the credit operation featuring standardization and internetization, with total financing exceeding RMB 600 billion. ICBC has also established a merchant development center, and launched QR code payment. “ICBC e Payment”, the Bank’s quick payment product, has attracted over 100 million customers, posting 237 million transactions worth RMB 239.6 billion in the first seven months of 2016, up 18.5% and 129% from a year earlier, respectively.