During the Rating of Best Research Paper on the Development of China’s Banking Industry (2012), Survey and Comparative Analysis of the Current Development of Domestic Rural Banks, co-authored by Ren Haichuan and Zhou Xiaohui and recommended by CR Bank for the rating, was awarded the first prize, selected from approximately 900 researches done in China. In all, three grand prizes, 10 first prizes, 20 second prizes, 28 third prizes and 45 shortlist prizes were awarded by CBA following its rating process including closed preliminary review, collective second review, online final review and expert conference review. The award represents the public recognition of the work done and contribution made by CR Bank in the scope of rural banking services.