Monday, June 18, 2007

The People's Bank of China (PBOC)

The People's Bank of China (PBC) was established on December 1, 1948 based on the consolidation of the Huabei Bank, the Beihai Bank and the Xibei Farmer Bank.

In September 1983, the State Council decided to have the PBC function as a central bank. The Law of the People's Republic of China on the People's Bank of China adopted on March 18, 1995 by the 3rd Plenum of the 8th National People's Congress has since legally confirmed the PBC's central bank status.

With the improvement of the socialist market economic system, the PBC, as a central bank, will play an even more important role in China's macroeconomic management. The amended Law of the People's Republic of China on the People's Bank of China, adopted by the 6th meeting of the Standing Committee of the 10th National People's Congress on December 27, 2003, provides that the PBC performs the following major functions:

(1) Drafting and enforcing relevant laws, rules and regulations that are related to fulfilling its functions;

(2) Formulating and implementing monetary policy in accordance with law;

(3) Issuing the Renminbi and administering its circulation;

(4) Regulating financial markets, including the inter-bank lending market, the inter-bank bond market, foreign exchange market and gold market;

(5) Preventing and mitigating systemic financial risks to safeguard financial stability;

(6) Maintaining the Renminbi exchange rate at adaptive and equilibrium level; Holding and managing the state foreign exchange and gold reserves;

(7) Managing the State treasury as fiscal agent;

(8) Making payment and settlement rules in collaboration with relevant departments and ensuring normal operation of the payment and settlement systems;

(9) Providing guidance to anti-money laundering work in the financial sector and monitoring money-laundering related suspicious fund movement;

(10) Developing statistics system for the financial industry and responsible for the consolidation of financial statistics as well as the conduct of economic analysis and forecast

(11) Administering credit reporting industry in China and promoting the building up of credit information system;

(12) Participating in international financial activities at the capacity of the central bank;

(13) Engaging in financial business operations in line with relevant rules;

(14) Performing other functions prescribed by the State Council.

39 comments:

跌倒 said...

很耐斯的部落格,留言支持你繼續加油..................................................

消化 said...

good post................................................

Anonymous said...

真是感人肺腑的文章~~........................................

pass said...

性愛性交性愛線上性愛線上看女優性愛性愛照85成人文學85成人片免費觀看85c免費影城85c免費成人85c成人片免費85cc文章85cc成人片觀賞85cc成人影片免費成人片觀看!85cc免費片85cc免費卡通片85cc免費影片長片播放85cc免費觀看外國片85cc洪爺85cc無碼a片85cc無碼片觀看85cc無碼影片85cc影片觀看外國85cc論談85成人影城85成人論壇85街自拍85街短片85街歐美影城85貼圖區85遊戲凹凸色色卡通圖片免費即時通視訊85cc成人片觀看交友戀愛進行室

Anonymous said...

與其爭取不可能得到的東西,不如善自珍惜運用自己所擁有的........................................

Anonymous said...

pleasure to find such a good artical! please keep update!! ........................................

Anonymous said...

No garden without its weeds.......................................................

Anonymous said...

Better say nothing than nothing to the purpose. ........................................

Anonymous said...

~~天天開心~~祝您快樂~~ ........................................

Anonymous said...

死亡是悲哀的,但活得不快樂更悲哀。..................................................

Anonymous said...

我只知道,假如我去愛人生,那人生一定也會回愛我........................................

Anonymous said...

Hello,這裡真是百看不厭的部落格 .........................................

Anonymous said...

人因夢想而偉大,要堅持自己的理想哦!..................................................

Anonymous said...

Give a fool enough rope and he will hang himself. ....................................................

哲宇皓云 said...

加油啦!要繼續發表好文章喔!........................................

孟NathanaelD軒 said...

成熟,就是有能力適應生活中的模糊。..................................................

佩芳 said...

婚姻對男人來說是賭他的自由,對女人而言卻是賭她的幸福。..................................................................

佩芳 said...

看看blog放鬆一下,工作累死了....<.................................................................

Anonymous said...

死亡是悲哀的,但活得不快樂更悲哀。......................................................................

Anonymous said...

在莫非定律中有項笨蛋定律:「一個組織中的笨蛋,恆大於等於三分之二。」....................................................................

Anonymous said...

當一個人內心能容納兩樣相互衝突的東西,這個人便開始變得有價值了。............................................................

Anonymous said...

人有兩眼一舌,是為了觀察倍於說話的緣故。............................................................

Anonymous said...

嗨!很喜歡來這欣賞你的作品,幫你推推推當上人氣王唷..................................................................

Anonymous said...

沒有經過反省的人生,是不值得活的人生..................................................

Anonymous said...

當你真心渴望某一樣東西,整個宇宙都會聯合起來幫助你。..................................................

Anonymous said...

Man is not made for defeat. A mean can be destroyed but not defeated..................................................................

Anonymous said...

好多很有用資訊...感謝你的分享喔............................................................

Anonymous said...

天氣涼了~要注意身體喔@~@............................................................

Anonymous said...

真正仁慈的人,會忘記他們做過的善行,他們全心投入現在的工作,過去的事已被遺忘。..................................................

Anonymous said...

Necessity is the mother of invention..................................................................

Anonymous said...

百發百中不是一試就成的。..................................................

文王廷 said...

Learning makes life sweet.

Anonymous said...

超棒的,給予最大支持。(* ̄△ ̄*)............................................................

王辛江淑萍康 said...

當一個人內心能容納兩樣相互衝突的東西,這個人便開始變得有價值了。............................................................

Anonymous said...

寂寞又無聊 看到你的BLOG 加油喔!!..................................................

Anonymous said...

唯有用熱情、用智慧去觀察事物,這事物才會把他的秘密,洩漏給我們......................................................................

孫邦柔 said...

實在是太完美了!非常感谢!给心心!(〃ω〃)..................................................................

Anonymous said...

要用心經營哦~~祝福你~~
...............................................................

Anonymous said...

好的部落格就要和好朋友分享--感謝分享..................................................