Home > China Facts > China Overview > Banking System

Banking System

Last updated by chinatravel at 2013-10-21

The organizational system of finance is basically sound. At present, in China, systems of financial institutions with comparatively complete functions, coordinated cooperation, multi-level, and coordinated development between policy-related finance and commercial finance are established, such as banks, securities, and insurances.

The People's Bank of China is the central bank and the most important macro-control department of our country. The People's Bank of China strictly performs steady monetary policy, strongly pushes forward the reform of marketization of interest rate and formation mechanism of the exchange rate of RMB, constantly improves indirect regulation mechanism based on market, generates and flexibly applies financial control instrument, and strengthens general quantity regulation and structure readjustment through means of market. The forward-looking quality, scientificalness and validity of financial control obviously increase, and the sustained development of China's economy has been greatly promoted.

Related Topics:

There are 0 comments on this topic

Post your comment on this topic

You can post as a guest, yet we suggest sign up first!!

Submit

 

Most Recommended Topics

Chinese Food

Chinese Food

The preparation of food was traditionally manag…>> details

Chinese Kung Fu

Chinese Kung Fu

Kung Fu (an Anglicization of >gongfu> [功夫]), me…>> details

Chinese Taiji Quan

Chinese Taiji Quan

Overview Millions of people practice Taiji …>> details

Shaolin Kung Fu

Shaolin Kung Fu

China is a country of much greatness. It is a l…>> details

China National Day

China National Day

October 1st is Chinese National Day. National D…>> details

Recommended Tours

Beijing to Urumqi Silk Road Adventure by Shangri-la Express

12-Days Beijing to Urumqi Silk Road Adventure by Shangri-la Express

Visit Beijing, Luoyang, Xian, Tianshui, Jiayuguan, Dunhuang, Turpan, Urumqi

from USD $ 2,499

Xi'an Quick and Easy Tour

2-Days Xi'an Quick and Easy Tour

Visit Xian

from USD $ 209

Shanghai Highlights from Beijing

2-Days Shanghai Highlights from Beijing

Visit Beijing, Shanghai

from USD $ 279

Interesting to Know

Why Group Travel?Tailor-making China Tours

Travel Confidently with Us

Customers

10,000 Satisfied Customers

Customers

50 Years in China Travel Industry

Customers

Quick Response within 24 hours

Customers

Secured Online Payment

Customers

Group Tours with Solo Adventure

Customers

No Hidden Fees and No Traps