The People's Bank of China, under the leadership of the State Council, independently implements monetary policy, performs its duties and conducts business without interference from local governments, social organizations and individuals.
The Ministry of Finance formulates fiscal and taxation development strategies, plans, policies and reform plans and organizes their implementation. Draft laws and administrative regulations on finance, finance and accounting management, formulate departmental rules, and supervise their implementation. Responsible for the management of central financial revenue and expenditure. Prepare the draft annual central budget and final accounts and organize their implementation. Responsible for organizing the drafting of tax laws, draft administrative regulations, implementation rules and tax policy adjustment plans. And other duties.
Extended data:
China People's Bank Institution:
1, General Office (Party Committee Office). Responsible for the daily operation of the organs, and undertake information, safety, confidentiality, letters and visits, government affairs disclosure, news propaganda and other work. To undertake the daily work of the Party Committee Office of the People's Bank of China.
2. Legal Department. Draft relevant laws and regulations, draft and review rules. Drafting important banking and insurance laws and regulations and basic systems of prudential supervision. To undertake the legal review and legal affairs of the central bank. To undertake administrative reconsideration and administrative litigation.
3. Research Bureau. Comprehensively study the reform and development of the financial industry and major cross-industry issues, take the lead in drafting the reform and development plan of the financial industry, and study policies and measures to promote the opening up of the financial industry. Focusing on the responsibilities of the central bank, study and analyze the macro-economic and financial operation, as well as the implementation of major policies or systems such as money and credit, financial markets and financial regulations, and put forward policy suggestions.
Baidu Encyclopedia-China People's Bank
Baidu Encyclopedia-People's Republic of China (PRC) and Ministry of Finance