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List of banks in China information


This is a list of banks in China, including Mainland China, Hong Kong, and Macau.

The central bank of the People's Republic of China is the People's Bank of China, a component of the State Council, the Central Government of China. The People's Bank of China is mainly responsible for issuing the Renminbi and administering its circulation, in addition to formulating and implementing monetary policy in accordance with Chinese law.[1] Its counterparts in the special administrative regions of Hong Kong and Macau are the Hong Kong Monetary Authority and the Monetary Authority of Macao respectively, both of which serve as their respective locale's currency board and de facto central bank.[citation needed]

  1. ^ "Purposes and Functions". People's Bank of China. Archived from the original on 2019-02-12. Retrieved 2019-02-12.

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