Reporters learned that at the end of October, the total market acceptance balance of bank acceptances was approximately 15.9 trillion yuan, slightly increasing from the previous month. Industry insiders said that the basic process of bank acceptance bills includes companies opening accounts in banks, paying fees, banks delivering bills to companies for payment of goods, companies obtaining credit lines from opening banks for discounting, and companies applying for discounting from banks when bills mature. Data shows that at the end of October, agricultural bank of china, industrial bank, and china citic bank corporation continued to rank the top three in the balance of bank acceptances, with agricultural bank of china's balance increasing by 4.6% month-on-month to 1180.7 billion yuan, maintaining the first place. Industrial bank still ranked first among joint-stock commercial banks, while Bank of Beijing ranked first among city commercial banks.