China's ICBC opens branch in Madrid

    MADRID, Jan. 24 (Xinhua) -- The Spanish branch of Industrial and Commerce（商业） Bank of China (ICBC) was officially inaugurated in Madrid Monday.
    ICBC President Jiang Jianqing, Spanish Minister of Industry, Tourism and Commerce Miguel Sebastian and Chinese Ambassador to Spain Zhu Bangzao attended an inaugural¹ gala dinner here.
    In a speech, Jiang thanked the Spanish government and authorities for allowing the ICBC to open in Spain and highlighted the importance of the Spanish economy and the close relations between the two countries.
    Sebastian said Spain welcomes the arrival of the biggest Chinese bank, which would further improve the already good relationship between the two counties.
    The Madrid branch is to provide a wide range of financial services to 166,000 Chinese nationals living in Spain.
    ICBC has a total of 386,723 employees and 162 foreign branches throughout the World.(本文由在线英语听力室整理编辑)

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adj.就职的；n.就职典礼

参考例句：

• We listened to the President's inaugural speech on the radio yesterday.昨天我们通过无线电听了总统的就职演说。
• Professor Pearson gave the inaugural lecture in the new lecture theatre.皮尔逊教授在新的阶梯讲堂发表了启用演说。