Banking in The People's Republic of China

Banking In The People's Republic Of China

China's banking system has undergone significant changes in the last two decades: banks are now functioning more like banks than before. Nevertheless, China's banking industry has remained in the government's hands even though banks have gained more autonomy. WTO has accepted China. The central bank of the People's Republic of China is the People's Bank of China.

The "big four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China and the Agricultural Bank of China.

Read more about Banking In The People's Republic Of China:  Supervisory Bodies, Reforms in The Banking Industry, Credit and Debit Cards, Foreign Banks, Electronic Banking

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