2)The second phase began in 1984 when the State Council decided to make the PBC function as a central bank.Fours specialized banks the Industrial and Commercial Bank of China,the Agricultural Bank of China,the Bank of China,and the China Construction Bank)were established and took over part of PBC'business activities.A central banking system began taking shape,but the transformation of the PBC into a full-fledged central bank has turned out to be a lengthy process. 数更价首5大考
2) The second phase began in 1984 when the State Council decided to make the PBC function as a central bank. Fours specialized banks ( the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China, and the China Construction Bank) were established and took over part of PBC’ business activities. A central banking system began taking shape, but the transformation of the PBC into a full-fledged central bank has turned out to be a lengthy process
3)The third phase began in 1993 when the State Council issued the Decision on Financial Reform.The PBC did not have a clear legal status until the enactment of the Law of the People's Bank of China in March 1995.The law provides the key functions of PBC. 数更价首5大考
3) The third phase began in 1993 when the State Council issued the Decision on Financial Reform. The PBC did not have a clear legal status until the enactment of the Law of the People’s Bank of China in March 1995. The law provides the key functions of PBC
Three policy banks (the State Development Bank,the Agricultural Development Bank of China and the Export and Import Bank of China)were established in 1994 to facilitate the separation of policy banking from commercial banking operations 数更价首5大考
Three policy banks (the State Development Bank, the Agricultural Development Bank of China and the Export and Import Bank of China) were established in 1994 to facilitate the separation of policy banking from commercial banking operations
Through years of reform efforts,China has developed a banking system consisting mainly of the wholly state-owned commercial banks and joint-equity commercial banks under the supervision of the central bank.As of the end of 2000,China's banking system had three policy banks,four wholly state-owned commercial banks and more than 100 joint-equity commercial banks.The non-bank financial sector mainly consisted of trust and investment companies, securities firms,finance companies and insurance firms as well as many urban and rural credit cooperatives. 重价首5大
Through years of reform efforts, China has developed a banking system consisting mainly of the wholly state-owned commercial banks and joint-equity commercial banks under the supervision of the central bank. As of the end of 2000, China’s banking system had three policy banks, four wholly state-owned commercial banks and more than 100 joint-equity commercial banks. The non-bank financial sector mainly consisted of trust and investment companies, securities firms, finance companies and insurance firms as well as many urban and rural credit cooperatives
V、重点讲解 1.概念讲解 PBC:People's Bank of China中国人民银行 PBC is the central bank of the People's Republic of China with the power to control the Chinese monetary policy and regulate Chinese financial institutions. 数更价首5大
V. 重点讲解 1.概念讲解 • PBC: People’s Bank of China 中国人民银行 PBC is the central bank of the People’s Republic of China with the power to control the Chinese monetary policy and regulate Chinese financial institutions