Industrial and Commercial Bank of China, the country's largest State-owned commercial lender by assets, is preparing to expand its pilot program for the creation and operation of a meta-verse business hall, said a mid-level manager at the bank.
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China's four largest State-owned commercial banks-the Big Four-will step up countercyclical credit extension in the second half to help stabilize economic growth and continue to optimize their credit structures by allocating more financial resources to key fields and weak links of the economy, said senior executives of the banks.