What are the duties of the People's Bank of China?

Introduction to the main responsibilities of China People's Bank

China People's Bank

1. Drafting relevant laws and administrative regulations; Improve the operating rules of relevant financial institutions; To issue orders and regulations related to the performance of duties.

2. Formulate and implement monetary policies according to law.

3. supervise and manage the interbank lending market, interbank bond market, foreign exchange market and gold market.

4. prevent and resolve systemic financial risks and maintain national financial stability.

5. Determine the RMB exchange rate policy; Maintain a reasonable RMB exchange rate level; Implement foreign exchange management; Hold, manage and operate the national foreign exchange reserves and gold reserves.

6. Issue RMB and manage its circulation.

7. Manager's Treasury.

8. Work with relevant departments to formulate payment and settlement rules to maintain the normal operation of payment and settlement systems.

9. Formulate and organize the implementation of the comprehensive statistical system of the financial industry, and be responsible for data collection, macroeconomic analysis and forecast.

1. Organize and coordinate the national anti-money laundering work, guide and deploy the anti-money laundering work in the financial industry, and undertake the responsibility of monitoring anti-money laundering funds.

11. Manage the credit investigation industry and promote the establishment of a social credit system.

12. As the central bank of the country, it is engaged in relevant international financial activities.

13. engage in financial business activities in accordance with relevant regulations.