TheReformandFunctionsoftheCentralBankPPT课件.ppt

<p><span id="_baidu_bookmark_start_0" style="display: none; line-height: 0px;">‍</span>2.TheReformandFunctionsoftheCentralBank1Central bank reform1.taking shape in 1984;2.having a clear legal status in March 1995;3.amended in December 20032PBCs key functionsto conduct monetary policy,prevent and dissolve financial risks,and maintain financial stability under the leadership of the State Council.3the objective of the monetary policy is to maintain the stability of the currency and thereby promote economic growth.4主要职能中国人民银行的主要职责有十四项：（一）起草有关法律和行政法规；完善有关金融机构运行规则；发布与履行职责有关的命令和规章。（二）依法制定和执行货币政策。（三）监督管理银行间同业拆借市场和银行间债券市场、外汇市场、黄金市场。（四）防范和化解系统性金融风险，维护国家金融稳定。（五）确定人民币汇率政策；维护合理的人民币汇率水平；实施外汇管理；持有、管理和经营国家外汇储备和黄金储备。（六）发行人民币，管理人民币流通。（七）经理国库。（八）会同有关部门制定支付结算规则，维护支付、清算系统的正常运行。（九）制定和组织实施金融业综合统计制度，负责数据汇总和宏观经济分析预测。（十）组织协调国家反洗钱工作，指导、部署金融业反洗钱工作，承担反洗钱的资金监测职责。（十一）管理信贷征信业，推动建立社会信用体系。（十二）作为国家中央银行，从事有关国际金融活动。（十三）按照有关规定从事金融业务活动。（十四）承办国务院交办的其他事项。根据国务院规定，管理国家外汇管理局。5 1.the PBC undertakes to formulate and implement monetary policy;2.issue currency and regulate its circulation;3.manage the official international reserves;4.regulate inter-bank money market,inter-bank bond market,foreign exchange market and gold market;5.act as fiscal agent;6.maintain the payment and settlement system;bat money laundering activities,and participate in international financial cooperation on behalf of the state.6Conclusion:strengthened the PBC independence 1.by prohibiting its financing of fiscal deficits 2.interference in the performance of its functions by any government agency,non-government organization or individual.71.Significant restructuring took place at its head office;eg.the supervisory departments responsible for licensing,routine supervision and exit of one type of financial institutions.2.Nine regional branch offices were set up.acceleratedthereformofthePBCincreasing the independence of the central bank and the effectiveness of monetary policy.8new supervisory bodies1.China Banking Regulatory Commission(CBRC)-刘明康2.China Securities Regulatory Commission(CSRC)-尚福林3.China Insurance Regulatory Commission(CIRC-吴定富9尚福林同志，1951年11月出生，汉族，山东济南人，金融学博士。现任中国证券监督管理委员会主席、党委书记。尚福林同志曾经长期在中国人民银行工作；1994年9月起任中国人民银行行长助理、副行长、党委委员，分管货币政策、支付清算、国库和金融统计工作；2000年2月，任中国农业银行行长、党委书记；2002年12月，任中国证券监督管理委员会主席、党委书记。尚福林同志还兼任中国人民银行货币政策委员会委员（1997年至2000年、2002年至今）。2002年11月，尚福林同志在中共中央第十六届全国代表大会上当选为中央候补委员。2007年10月，尚福林同志在中共中央第十七届全国代表大会上当选为中央委员。10Mr.ShangFulinCHAIRMANOFCHINASECURITIESREGULATORYCOMMISSIONMr.ShangFulinwasborninNovember1951intoafamilyofHanethnicorigin.HeholdsaPh.D.infinancefromSouthwesternUniversityofFinanceandEconomics,Chengdu,China.Dr.ShanghasbeentheChairmanofChinaSecuritiesRegulatoryCommission(CSRC)andamemberofMonetaryPolicyCommitteeofthePeoplesBankofChina(PBOC,ChinasCentralBank)sinceDecember2002.11Dr.ShangFulinhashadasuccessfulandprominentcareerinChinascentralbankandcommercialbankformanyyearsbeforepresidingoverCSRC.Hestartedhisbankingcareerin1973,whenhejoinedthePeoplesBankofChina.WhileworkinginPBOC,hehadsteadilyrisenthroughtheranksandservedsuccessivelyasdeputydivisionchief,divisionchief,deputydirectoranddirectorofthePlanningandBudgetingDepartment(nowMonetaryPolicyDepartment).HewaspromotedtothepositionsofAssistantGovernorandDeputyGovernorofPBOCin1994and1996,respectively.From1996to1999,hehadtakenchargeintheoperationofmonetarypolicymakingandledthedesignandconstructionofclearingandsettlementsystem.From1998to2000,heheadedChinasnation-widetaskforcetosolvetheY2KproblemsofthebankingindustryandhiseffectiveleadershipwaswidelylaudedforthesuccessfulcompletionoftheY2Ktask.In2000,hewasappointedasthepresidentofAgriculturalBankofChinaandhadworkedonthatpostformorethantwoyears.121.Financial Stability Bureau;2.Financial Markets Department;3.Credit Information Bureau;4.Shanghai headquarter of the PBC;financial stability and development of market infrastructure.13improvement in the conduct of monetary policyindirect instruments:1.required reserve ratio2.interest rate adjustment 3.open market operations direct instrument：1.Credit ceiling14MoneySupply 货币供应量是指某一时点一个国家流通中的货币量。货币供应量是影响宏观经济的一个重要变量。它同收入、消费、投资、价格、国际收支都有着极为重要的关系，是国家制定宏观经济政策的一个重要依据。社会总需求与总供给的均衡，从需求方面看，主要决定于货币供应量是否适度。15现金（M0）：就是一定时点上单位和个人所持有的现金，它随时可以直接作为流通手段和支付手段进入流通领域，是最直接和最活跃的购买力。狭义货币供应量（M1）：就是现金（M0）加上企事业单位的活期存款。活期存款可以随时签发支票和变现，所以它类同现金具有较强的流动性。广义货币供应量（M2）：是指M1加上准货币。其中准货币包括企事业单位的定期存款、居民储蓄存款及其他存款。准货币在一定条件下也可以直接变为现金。16M0、M1、M2之间的联系和区别可以从以下关系中体现：M0=流通中现金 M1=M0+企事业单位活期存款(广义货币供应量)M2=M1+企事业单位定期存款+居民储蓄存款+其它存款（狭义货币供应量）17M0M1M2the stock of broad money(M2)the stock of narrow money(M1)the stock of currency in circulation(M0)18</p>