|Bank of China was established in February 1912 following the approval of Dr. Sun Yat-sen and is the only bank in China that has been operating continuously for a century. From 1912 to 1949, Bank of China served consecutively as the country's central bank, international exchange bank and specialist foreign trade bank. Since 1949, the Bank had functioned as the state-designated specialist foreign exchange bank for decades before it was transformed into a state-owned commercial bank in 1994. In August 2004, Bank of China was incorporated as Bank of China Limited and listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange in 2006, becoming the first A share and H share dual listed Chinese commercial bank. As the only representative of China and all emerging market economies, Bank of China was selected as one of the 29 global systemically important institutions in 2011. With its 100th anniversary coming up in 2012, Bank of China will actively promote its innovative, transformative and cross-border approaches to development and remain focused on its goal to be a premier international bank. |
China National Philatelic Corporation will issue two FDCs, a souvenir sheet cover and a commemorative cancellation respectively.