There are several types of banks in China.

Banks in China are divided into central banks, policy banks, state-owned commercial banks, joint-stock commercial banks and local commercial banks.

I. Central Bank

The central bank of China is the People's Bank of China. The central bank is the dominant financial center institution of the state and an important tool for the state to intervene and regulate the development of the national economy. Responsible for the formulation and implementation of national monetary and credit policies, with unique currency issuance rights and financial supervision rights.

Two. policy banks

Policy banks engage in policy financing activities directly or indirectly in specific business areas, not for profit, specifically to implement and cooperate with the government's social and economic policies or intentions, as a tool for the government to develop the economy, promote social progress and carry out macroeconomic management.

From 65438 to 0994, China government established three policy banks: China Development Bank, China Agricultural Development Bank, Export-Import Bank and China Agricultural Development Bank, all of which were directly under the leadership of the State Council. From March 2065438 to March 2005, the State Council clearly defined CDB as a development financial institution, which was separated from the policy bank sequence.

Three. State-owned commercial bank

State-owned commercial banks refer to large commercial banks directly controlled by the state (Ministry of Finance and Central Huijin Company). ?

State-owned commercial banks include China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, Bank of Communications and China Postal Savings Bank. ?

4. Joint stock commercial banks

Joint-stock commercial banks are a type of commercial banks. There are 12 national joint-stock commercial banks in China: China Merchants Bank, Shanghai Pudong Development Bank, China CITIC Bank, China Everbright Bank, Huaxia Bank, Minsheng Bank, China Guangfa Bank, Industrial Bank, Ping An Bank, Zheshang Bank, hengfeng bank and Bohai Bank.

Verb (abbreviation of verb) local commercial bank

Local commercial banks refer to banking financial institutions whose business scope is restricted by regions. In China, local commercial banks mainly refer to urban commercial banks, rural credit cooperatives and urban credit cooperatives.

References:

Baidu encyclopedia-central bank

Baidu encyclopedia-policy bank

Baidu encyclopedia-state-owned commercial bank

Baidu encyclopedia-joint-stock commercial bank

Baidu encyclopedia-local commercial banks