1, with different legal status.

The People's Bank of China is the central bank of People's Republic of China (PRC), consisting of People's Republic of China (PRC) and the State Council. Under the leadership of the State Council, he will carry out monetary policy independently, perform his duties and conduct business without interference from local governments, social organizations and individuals.

China Bank is one of the state-owned commercial banks, similar to CCB, ABC and ICBC. It is a large state-owned bank managed by the central government and a state-owned financial institution under the leadership of the Chinese Production Party.

2. The nature of profit is different.

The People's Bank of China does not aim at making profits, but mainly supports the industrial development of China.

Bank of China is a commercial bank, an enterprise legal person whose main business objective is bank profit, and its nature is special.

The nature of business is different.

The People's Bank of China is a government agency and a bank that implements the national monetary and financial policies, and does not conduct business without permission.

Bank of China is a commercial bank, and its business is for profit. Just like ordinary state-owned enterprises, only financial enterprises with profitable lending business are used.

The main responsibilities of the People's Bank of China are:

(1) Formulating the strategic plan for the reform and development of the financial industry, undertaking the responsibility of comprehensively studying and coordinating major issues in financial operation and promoting the coordinated and healthy development of the financial industry, participating in the assessment of the impact of major financial mergers and acquisitions on national financial security, and putting forward policy suggestions for promoting the orderly opening of the financial industry.

(2) Drafting relevant laws and administrative regulations, improving the business rules of relevant financial institutions, and issuing orders and regulations related to the performance of duties.

(3) Formulating and implementing monetary policies according to law; Formulate and implement macro-credit guiding policies.

(4) Improve the financial macro-control system, be responsible for preventing and defusing systemic financial risks, and safeguard national financial stability and security.

(5) To be responsible for formulating and implementing the RMB exchange rate policy, constantly improving the exchange rate formation mechanism, maintaining the balance of international payments, implementing foreign exchange management, tracking and monitoring international financial markets and risk early warning, monitoring and managing cross-border capital flows, and holding, managing and operating national foreign exchange reserves and gold reserves.

(6) To supervise and manage the interbank borrowing market, the interbank bond market, the interbank bill market, the interbank foreign exchange market, the gold market and the related derivatives transactions in the above markets.

(7) To be responsible for formulating the regulatory rules of financial holding companies and the standards and norms of cross-cutting financial business together with the financial regulatory authorities, and to monitor financial holding companies and cross-cutting financial instruments.

(eight) to assume the responsibility of lender of last resort, and to be responsible for inspecting and supervising the use of funds by financial institutions of the central bank to resolve financial risks.