What specific responsibilities does the People's Bank of China perform according to law?

1, drafting relevant laws and administrative regulations; Improve the operating procedures of relevant financial institutions; Issue orders and regulations related to the performance of duties.

2. Formulate and implement monetary policy according to law. The main tasks of the People's Bank of China include issuing RMB, managing RMB circulation, managing deposit reserve and benchmark interest rate, refinancing and rediscounting by commercial banks, and rationally operating open market business.

3. Supervise and manage interbank borrowing market, interbank bond market, interbank foreign exchange market and gold market.

4. Prevent and resolve systemic financial risks and maintain national financial stability. The People's Bank of China is responsible for the financial stability of the country, and in its daily work, it is responsible for monitoring and preventing the operational risks of financial institutions. When financial institutions face risks, the People's Bank of China will provide necessary assistance according to the situation.

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. The People's Bank of China is the only issuing bank stipulated by national laws, and is responsible for the issuance and circulation management of RMB. In addition, no organization or individual may issue currency in the domestic market in any name.

7. Manage the national treasury.

8, in conjunction with the relevant departments to formulate payment and settlement rules, maintain the normal operation of the payment and settlement system. That is, to coordinate and organize fund settlement among financial institutions, coordinate liquidation matters among financial institutions, and provide liquidation services.

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

10. Organize and coordinate the national anti-money laundering work, guide the deployment of anti-money laundering work in the financial industry, and assume the responsibility of monitoring anti-money laundering funds.

1 1. Manage the credit industry and promote the construction of social credit system. The People's Bank of China is responsible for the establishment and management of the credit information system of the national banking system, and unified and coordinated the construction of the credit system of the whole society.

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

13, engaged in financial business activities in accordance with relevant regulations.

14. To undertake other tasks assigned by the State Council. (