The Renminbi (RMB), China's legal currency, is issued and controlled solely by the People's Bank of China.

For the past few decades, the People's Bank of China has exercised the functions and powers of a central bank, as well as handling industrial and commercial credits and savings business

In 1994, China started the "Golden Card Project," enabling cards issued by banks to be used all over the country through a network.

Over the past 20-odd years, China's financial institutions in the special economic zones

In 1990 and 1991, China set up stock exchanges in Shanghai and Shenzhen. In the past decade, the Chinese stock market has completed a journey that took many countries over a century to cover

China's insurance industry started to recover in 1980, after 20 years' standstill. In 1981, the People's Insurance Company of China was transformed from a government department into a specialized company