The major banks in China are all state-owned.

State-owned banks include China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, China Postal Savings Bank, Bank of Communications, China Development Bank, The Export-Import Bank of China and China Agricultural Development Bank. China's five largest banks include: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications. China's five largest banks are comprehensive large-scale commercial banks with a wide range of businesses, representing the most abundant capital and strength in China's financial sector.

The difference between state-owned banks and commercial banks;

1. Commercial banks of different natures are a type of banks, and their duties are to act as credit intermediaries for financial institutions through deposits, loans, remittances and savings. State-owned banks, that is, state-owned banks, refer to large banks directly controlled by the state (Ministry of Finance, Central Huijin Company).

2. Commercial banks with different functions have no right to issue money, and their traditional business is mainly deposit and loan business. Among the state-owned banks, the People's Bank of China decided to exercise the functions of the central bank exclusively, while the People's Bank of China became the unified financial management institution of the country, and other specialized banks became economic entities.

3. Different business models From the perspective of the development of commercial banks, commercial banks have two business models. One is the British model. Commercial banks mainly finance short-term commercial funds, which have the characteristics of short lending period and high liquidity. State-owned banks are mainly directly managed by the Ministry of Finance and the Central Huijin Company.

Banks are industry representatives with large assets and strong influence. As a financial enterprise, it has the same characteristics as ordinary banks-pursuing profits and taking on its own social responsibilities. As a state-owned bank, it also needs to provide many jobs to help the country ease the employment pressure. Judging from the recruitment data of the six major banks last year, all banks have contributed their own strength. ICBC recruited 20,003 people; China Agricultural Bank recruits 16090 people; China Bank recruits 10080 people; Construction Bank recruited 150 10, Bank of Communications recruited 4,562 people, and Postal Savings Bank recruited10,000 people. The six major banks recruited 60,000 fresh graduates, the largest number of fresh graduates in the banking industry, and played an important role in solving the employment problem.