Chinese media reports that the Industrial and Commercial Bank of China, the Bank of China, China Agricultural Bank, and China Construction Bank, which are jointly known as the four state-owned commercial banks in China, will hire a total of 37,500 college graduates this year despite the current slowing of the economy.

To date, representatives of BOC and CCB have each confirmed their recruitment plans directly to the media. Yu Baoyue, senior manager from the news office of CCB, has told the media that CCB would recruit 5,000 college graduates nationwide in 2009. In addition it will appoint 12,000 interim workers to formal full-time posts during the year.

Earlier this year, Li Lihui, president of BOC, stated that BOC would hire 10,000 college graduates this year. This is the largest number of new-hires by the company since it was listed in 2006. Wang Zhaowen, a spokesperson for BOC, has confirmed to the media that the company's hiring schedule is now being processed according to plan.

In addition, it is learned from ICBC's website that ICBC is now hiring online for its headquarters office, personal banks, e-banks, and each provincial branch. In particular, it will employ 80 college graduates for its headquarters office.

Apart from these national banks, some holding banks and local commercial banks are also implementing their recruitment plans. According to Feng Lijuan from 51job.com, though many foreign banks have suspended their recruitment plans for 2009, their Chinese counterparts are continuing to recruit, particularly local commercial banks which have strong demands for talented staff.

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