Fan Wenzhong, the director of international department at the China Banking Regulatory Commission (CBRC), recently revealed that 16 Chinese banks had set up 1,050 institutions overseas by the end of 2012. This number is 6.6 times larger than that in the early stages of reform. Among them, the five major banks made up the 92% of these institutions. The next five to ten years will be the period of opportunities for the Chinese bankers in the course of internationalizing their operations. Such a development will be the trend of the future.