On this day 38 years ago, on May 7, 1987 (April 10, 1987 lunar calendar), CITIC Industrial Bank was established and started business in Beijing. On May 7, 1987, with the approval of the State Council, CITIC Industrial Bank, which is directly under China International Trust and Investment Corporation, was established and started business in Beijing. Rong Yiren is the honorary chairperson of CITIC Industrial Bank. This is the staff of CITIC Industrial Bank conducting foreign exchange transactions with major banks around the world through the Internet.