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People's Bank of China (中国人民银行)

(People's Daily Online)

17:13, October 15, 2012

Ministry of Science and Technology of the People's Republic of China (中华人民共和国科学技术部)

The People's Bank of China (PBC) is the central bank of the People's Republic of China. It is a department under the State Council with the power to formulate and implement monetary policy, supervise China’s financial industry.

The People's Bank of China was established on Dec. 1, 1948. It has the right to conduct monetary policy and other duties under the direction of State Council without the interferences of governments at all levels, social communities and individuals. The Head Office of the People's Bank of China is based in Beijing. On Aug. 10, 2005 the Shanghai headquarters of People's Bank of China was established.

The main responsibilities of People's Bank of China are: formulating and implement monetary policy in accordance with law; issuing the Renminbi and administering its circulation; regulating financial markets; holding and manage state foreign exchange reserves, gold reserves and state treasury; maintaining the smooth function of payment and settlement systems; make statistics, surveys, analyses and forecasts of the financial sector; being engaged in international financial activities, as well as supervising the State Administration of Foreign Exchange.




More Info.
Add: No.32 Chengfang Street, Xicheng District, Beijing, China


Post Code: 100800 邮编: 100800
Tel: 010-66194114 电话:010-66194114
Fax: 86-010-66195370 传真:86-010-66195370
E-mail: 邮箱:
Official 官网:


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