1. China Construction Bank was established in 1954+00+0. The basic background of the establishment of China Construction Bank is that People's Republic of China (PRC) began to implement the first five-year plan to develop the national economy, and large-scale economic construction centered on 156 key projects has been launched all over the country. In order to manage the huge construction funds, China Construction Bank came into being.

2. During the more than 20 years from 1954 to 1978, China Construction Bank mainly undertook the responsibilities of centralized allocation of national capital construction budget and self-raised funds of enterprises, supervising the rational use of funds, issuing short-term loans to construction enterprises and handling basic business settlement.

3. Since the late 1970s and early 1980s, China Construction Bank has continuously expanded its banking functions while inheriting its original functions. It has successively launched many businesses such as credit fund loans, residents' savings deposits, foreign exchange business, credit card business, policy-based housing reform finance, and personal housing mortgage loans.

After more than ten years of reform and development, CCB's various businesses have developed rapidly, and its credit assets and liabilities have increased dozens of times. From a bank that only manages financial funds and supervises infrastructure allocation, it has developed into a national professional bank that handles both financial investment and credit business. It not only has fixed assets investment credit, but also supports working capital loans, both domestic and international financial business, with medium and long-term credit as its main business.

4. Since the mid-1980s, in order to meet the requirements of China's economic and financial system reform and economic development, China Construction Bank has successively opened cash cashier, residents' savings, fixed assets loans, working capital loans for industrial and commercial enterprises, international finance, housing loans and various agency services. By opening various commercial banking services to the public, the functions of banks have been enriched and a solid foundation has been laid for the transition to modern commercial banks.

5. From the early 1990s, in less than five years, the transition from stand-alone operation to bank-wide networking development and application including electronic fund settlement system and online trading of Longka network was basically completed. Construction bank system, general ledger transmission system and e-mail system, and also realized networking with SWIFT system.