[2] It was the first bank to be established with an ownership base of private sector shareholders, as part of Chinese economic reform led by Premier Zhu Rongji.
[6] To overcome this initial turmoil, China Bank replaced its leadership in April 2000,[6] even though Jing Shuping remained its chairman, and undertook additional organisational change in 2007.
[7] In 2009, Minsheng Bank confirmed its strategic positioning that fundamentally focuses on private, small and medium corporations and advanced technological businesses, offers moderate risk-taking and heterogeneous financial products and services, and dedicates to expanding path to profitability.
[11] The joint venture company, with headquarters in Shanghai, will create, manage, and sell mutual funds in local currency to retail and institutional investors in China.
[14][15] In September 2024, Reuters reported China Minsheng Bank cut the salary of its staff by 50% and stopped paying for some work-related expenses in its Beijing branch, in line of the common prosperity agenda promoted by Chinese leader Xi Jinping.