Message from Chairman Xiao Gang

In 2008, the Chinese people worked hand in hand to overcome severe natural disasters and host one of the most memorable Olympic Games ever held. Amidst the shocks of the international financial crisis, China's economy maintained steady and rapid development, and the social environment as a whole remained stable and harmonious.

As for the more than 240,000 employees of Bank of China (BOC), in 2008 we consistently performed in a socially responsible manner despite the unprecedented challenges.

During the year, we assisted the victims of the Wenchuan earthquake, enjoyed the spectacular successes of the Olympic Games and the launch of the Shenzhou No.7 spacecraft, and applauded the ongoing reforms and opening up of the Chinese economy that have been carried out over the past 30 years.