TNAG-2792-FCO40-4031-Relations-between-Hong-Kong-and-China-1993 — Page 102

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

OF 323

CONFIDENTIAL

8

機密

Other financial institutions:

trust and investment companies

finance companies

trust and consultancy companies

new technology development and investment companies

leasing companies

securities companies

insurance companies

Peoples' Insurance Company of China

いや国民保険公司

Insurance Company of China

(安保阪公司)

Pacific Insurance Company

太平洋保險公司

Notes: (1) A:1 the state

(2)

(3)

specialised banks and the State Administration of Exchange Control report directly to the State Council but under the leadership of the People's Bank of China. Both the People's Construction Bank of China and Investment Bank of China receives many instructions from the Ministry of Finance.

The Governor of the People's Bank of China is the Chairman of the Central Banking Committee, which comprises representatives from the specialised banks, the Ministry of Finance, the State Planning Commission and other agencies.

For details of the major banks, see Annex 1.

15.

Before

1979, there was only one major bank in

China, namely the People's Bank of China (PBOC), which

the treasury, banking and regulatory

making use of the vast number of branches

throughout

performed all

functions

spreading

the

country.

PBOC was essentially

CONFIDENTIAL

機密

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.