ORGANIZATIONAL STRUCTURE OF THE PBC ORGANIZATIONS OF THE PBC(NUMBER) Departments and Bureaus of the Head Office Enterprises and institutions Directly under the Pbc 21 Overseas offices Departments of the Shanghai Head Office 2 Regional Branches and Operations Ofices Sub-branches in Provincial Capital Cities Sub-branches in Quasi Province-level Cities Sub-branches in Prefecture-level Cities 314 County-level Sub-branches 1762
Departments and Bureaus of the Head Office 26 Enterprises and Institutions Directly under the PBC 21 Overseas Offices 11 Departments of the Shanghai Head Office 12 Regional Branches and Operations Offices 10 Sub-branches in Provincial Capital Cities 20 Sub-branches in Quasi Province-level Cities 5 Sub-branches in Prefecture-level Cities 314 County-level Sub-branches 1 762 ORGANIZATIONS OF THE PBC ( NUMBER ) ORGANIZATIONAL STRUCTURE OF THE PBC
THE PBC HEAD OFFICE (PBCHO) General Administration Department(General Office of the CPC PBC Committee) Legal Affairs Department Monetary Policy Department Monetary Policy Department II Financial Market Department Financial Stability Bureau Statistics and Analysis Department Accounting and Treasury Department Payment System Department Technology Department Currency, Gold and Silver Bureau State Treasury bureau International Department(Office of Hong Kong, Macao and Taiwan Affairs) Internal Auditing Department Human Resources Department(Organization Division of the CPC PBC Committee) Research bureau Credit Information System Bureau Anti-money Laundering Bureau( Security Bureau) Financial Consumer Protection Bureau Education Department of the CPC PBC Committee Disciplinary Committee of the PBC CPC Committee of the PBc Head office Retired Staff Management Bureau Office of Senior Advisors Staff Union Committee Youth League GOVERNMENT AGENCY DIRECTLY UNDER THE PBC State Administration of Foreign Exchange
GOVERNMENT AGENCY DIRECTLY UNDER THE PBC General Administration Department (General Office of the CPC PBC Committee) Legal Affairs Department Monetary Policy Department Monetary Policy Department II Financial Market Department Financial Stability Bureau Statistics and Analysis Department Accounting and Treasury Department Payment System Department Technology Department Currency, Gold and Silver Bureau State Treasury Bureau International Department (Office of Hong Kong, Macao and Taiwan Affairs) Internal Auditing Department Human Resources Department (Organization Division of the CPC PBC Committee) Research Bureau Credit Information System Bureau Anti-money Laundering Bureau (Security Bureau) Financial Consumer Protection Bureau Education Department of the CPC PBC Committee Disciplinary Committee of the PBC CPC Committee of the PBC Head Office Retired Staff Management Bureau Office of Senior Advisors Staff Union Committee Youth League State Administration of Foreign Exchange THE PBC HEAD OFFICE (PBCHO)
THE PBC SHANGHAI HEAD OFFICE (PBCSHO) PLUS SUB-BRANCHES IN PROVINCIAL CAPITAL CITIES AND QUASI PROVINCE-LEVEL CITIES UNDER ITS ADMINISTRATION General Administration Department General Office of the CPC Committee, PBCSHO Open Market Operations Department Financial Market Management Department Financial Stability Department Statistics and Research Department International Department Financial Service Department I Financial Service Department II Foreign Exchange Management Department Human Resources Department Organization and Education Division of the CPC Committee, PBCSHO Discipline Enforcement and Supervision Department Internal Auditing Division Renminbi Cross-border Business Department Hangzhou Sub-branch Fuzhou sub-branch Ningbo Sub-branch Xiamen sub-branch
General Administration Department ( General Office of the CPC Committee, PBCSHO ) Open Market Operations Department Financial Market Management Department Financial Stability Department Statistics and Research Department International Department Financial Service Department І Financial Service Department ІІ Foreign Exchange Management Department Human Resources Department ( Organization and Education Division of the CPC Committee, PBCSHO ) Discipline Enforcement and Supervision Department ( Internal Auditing Division ) Renminbi Cross-border Business Department THE PBC SHANGHAI HEAD OFFICE (PBCSHO) PLUS SUB-BRANCHES IN PROVINCIAL CAPITAL CITIES AND QUASI PROVINCE-LEVEL CITIES UNDER ITS ADMINISTRATION Hangzhou Sub-branch Fuzhou Sub-branch Ningbo Sub-branch Xiamen Sub-branch
THE PBC BRANCHES AND OPERATIONS OFFICES PLUS SUB-BRANCHES IN PROVINCIAL CAPITAL CITIES AND QUASI PROVINCE-LEVEL CITIES UNDER ADMINISTRATION OF THESE BRANCHES Tianjin Branch Shijiazhuang Sub-branch Taiyuan Sub-branch Hohhot sub-branch Shenyang branch Changchun Sub-branch Harbin Sub-branch Dalian sub-branch Nanjing Branch Hefei Sub-branch Jin nan branc Zhengzhou Sub-branch Qingdao Sub-branch Wuhan branch Nanchang Sub-branch Changsha Sub-branch Guangzhou Branch Nanning Sub-branch Haikou sub-branch Shengzhen Sub-branch Chengdu branch Guiyang Sub-branch Kunming Sub-branch Lhasa Sub-branch Xian branch Lanzhou sub-branch Xining Sub-branch Yinchuan Sub-branch Urumqi Sub-branch Operations Office(Beijing) Chongqing Operations Office
THE PBC BRANCHES AND OPERATIONS OFFICES PLUS SUB-BRANCHES IN PROVINCIAL CAPITAL CITIES AND QUASI PROVINCE-LEVEL CITIES UNDER ADMINISTRATION OF THESE BRANCHES Tianjin Branch Shijiazhuang Sub-branch Taiyuan Sub-branch Hohhot Sub-branch Shenyang Branch Changchun Sub-branch Harbin Sub-branch Dalian Sub-branch Nanjing Branch Hefei Sub-branch Jinan Branch Zhengzhou Sub-branch Qingdao Sub-branch Wuhan Branch Nanchang Sub-branch Changsha Sub-branch Guangzhou Branch Nanning Sub-branch Haikou Sub-branch Shengzhen Sub-branch Chengdu Branch Guiyang Sub-branch Kunming Sub-branch Lhasa Sub-branch Xi’an Branch Lanzhou Sub-branch Xining Sub-branch Yinchuan Sub-branch Urumqi Sub-branch Operations Office (Beijing) Chongqing Operations Office
2013 ANNUAL REPORT CHINAS MACROECONOMY Against the backdrop of complex domestic and international economic situations in 2013, Chinese government adopted innovative macroeconomic management concepts and approaches, and specifically set the goals that economic growth and employment would not slide below the lower limit and inflation would not exceed the upper limit, and ensured the economy grow within the appropriate range. In the meantime, the Chinese government attached great importance to pushing forward economic restruc turing, transformation and upgrading, deepening reform and opening up, and invigo- rating market vitality and its intrinsic momentum. Generally speaking, the economy has maintained steady growth and turned for the better; positive results were obtained in structural adjustment; and, the opening up and reform were deepened In 2014 China will adhere to the general guideline of making progress while maintaining sta bility, maintain continuity and stability of macroeconomic policies, continue to deepen reform and opening up, drive development through innovation, accelerate the pace of economic restructuring, transformation and upgrading to promote steady and healthy economic development Overview of the Chinese Economy in 2013 and 7.7 percent year on year respectively showing a relatively stable growth trend Steady economic growth with an improved (Figure 1). In terms of industries, the value- structure Fiqure 1 China's Economic Growth According to the preliminary data from the State Statistics Bureau. Chinas gDP reached 56.88 trillion yuan in 2013, a year- o on-year increase of 7.7 percent, equaling the growth rate of the previous year. From the 6595558335853583338535853Quarter first quarter to the fourth quarter, the gdP落系系系需最后前后 grew by 7.7 percent, 7.5 percent, 7.8 percent Source: State Statisties Bureau
2013 ANNUAL REPORT 14 China’s Macroeconomy Against the backdrop of complex domestic and international economic situations in 2013, Chinese government adopted innovative macroeconomic management concepts and approaches, and specifically set the goals that economic growth and employment would not slide below the lower limit and inflation would not exceed the upper limit, and ensured the economy grow within the appropriate range. In the meantime, the Chinese government attached great importance to pushing forward economic restructuring, transformation and upgrading, deepening reform and opening up, and invigorating market vitality and its intrinsic momentum. Generally speaking, the economy has maintained steady growth and turned for the better; positive results were obtained in structural adjustment; and, the opening up and reform were deepened. In 2014, China will adhere to the general guideline of making progress while maintaining stability, maintain continuity and stability of macroeconomic policies, continue to deepen reform and opening up, drive development through innovation, accelerate the pace of economic restructuring, transformation and upgrading to promote steady and healthy economic development. Overview of the Chinese Economy in 2013 Steady economic growth with an improved structure According to the preliminary data from the State Statistics Bureau, China’s GDP reached 56.88 trillion yuan in 2013, a yearon-year increase of 7.7 percent, equaling the growth rate of the previous year. From the first quarter to the fourth quarter, the GDP grew by 7.7 percent, 7.5 percent, 7.8 percent and 7.7 percent year on year respectively, showing a relatively stable growth trend (Figure 1). In terms of industries, the valueCurrent quarter year–on-year growth Cumulative year-on-year growth Quarter, Year Figure 1 China's Economic Growth Source: State Statistics Bureau