People’s Bank of China.pptxVIP

People’s Bank of China;I. Introduction;A?central bank,?reserve bank, or?monetary authority?is an institution that manages a state’s currency,?money supply, and interest rates. oversee the commercial banking system?of their respective countries. ;The People’s Bank of China ;The People’s Bank of China ;1983:the State Council promulgated that the PBC would function as the central bank of China. 1998:the PBC underwent a major restructuring. 2003:the?Standing Committee of the Tenth National Peoples Congress?approved an amendment law for strengthening the role of PBC. The Peoples Bank of China (PBC) is the largest central bank at US$3.201 trillion. ;9 regional branches : Tianjin, Shenyang, Shanghai, Nanjing, Jinan, Wuhan, Guangzhou, Chengdu, Xi’an. 2 operations offices : Beijing, Chongqing. 303 municipal sub-branches 1809 county-level sub-branches 6 overseas representative offices : (PBC Representative Office for America, PBC Representative Office (London) for Europe, PBC Tokyo Representative Office, PBC Frankfurt Representative Office, PBC Representative Office for Africa, Liaison Office of the PBC in the Caribbean Development Bank). ;The PBC consists of 18 functional departments (bureaus) as below: General Administration Department Legal Affairs Department Monetary Policy Department Financial Market Department Financial Stability Bureau Financial Survey and Statistics Department Accounting and Treasury Department Payment System Department Technology Department Currency, Gold and Silver Bureau State Treasury Bureau International Department Internal Auditing Department Personnel Department Research Bureau Credit Information System Bureau Anti-Money Laundering Bureau (Security Bureau) Education Department of the CPC PBC Committee;The following enterprises and institutions are directly under the PBC: China Anti-Money Laundering Monitoring and Analysis Center PBC Graduate School China Financial Publishing House Financial News China National Clearing Center China Banknot