1. The importance of establishing the Shanghai headquarters of the central bank

The establishment of the Shanghai headquarters by the People's Bank of China is a self-improvement of my country's central bank system and a better use of the central bank's role in macro-control. important institutional arrangements that play a role. The establishment of the Shanghai headquarters is mainly to strengthen the regulatory and service functions of the central bank around the construction of financial markets and financial centers. At present, Shanghai has become the main gathering place for various financial institutions in mainland my country. It has a unified national interbank lending market, bond market and foreign exchange market, and has three exchanges for securities, commodity futures and gold. Building Shanghai into an international financial center has become a national strategy.

The establishment of the Shanghai headquarters of the People's Bank of China will help further improve the decision-making and operating system of the central bank, improve the level of macro-control of the central bank, give full play to the advantages of being close to the front line of the financial market, and improve the central bank's financial market services. It will also help consolidate Shanghai's current status as an important domestic financial center and inject new vitality into the construction of Shanghai as an international financial center.

2. The construction goals of the Shanghai headquarters of the central bank

The construction goals of the Shanghai headquarters can be summarized as two platforms, one window, and one center, that is: to build the Shanghai headquarters into a public head office as soon as possible It is a platform for market operations, a platform for monitoring financial market operations, an important window for external exchanges, and a center for some financial services and research and development businesses.

3. The main functions of the central bank’s Shanghai headquarters

As an integral part of the head office, the Shanghai headquarters works under the leadership and authorization of the head office and is mainly responsible for the specific operations of some central bank businesses. Responsibilities, while performing certain management functions.

The main responsibilities of the Shanghai headquarters include the following: organizing and implementing the central bank’s open market operations in accordance with the operational goals set by the head office; undertaking the rediscount business of commercial banks and bill specialized institutions in Shanghai; and managing the inter-bank market , tracking the development of financial markets, researching and guiding the innovation of financial products; responsible for the assessment of regional financial stability and foreign-related financial security; responsible for the collection, summary and analysis of relevant financial market data; focusing on monetary policy operations, financial market development, and financial centers Conduct special research on construction, etc.; be responsible for relevant regional financial exchanges and cooperation, undertake relevant international financial business; undertake the operation and management of part of the country’s foreign exchange reserves and gold reserves; undertake the relevant business of the People’s Bank of Shanghai Region, etc.

The management functions undertaken by the Shanghai headquarters include the management of the branches of the People's Bank of China within the jurisdiction of the existing Shanghai Branch, that is, it will continue to perform the functions of the regional branch. The jurisdiction includes ***20 centers in Zhejiang and Fujian branch; in addition, it is also responsible for the management and coordination of some of the People's Bank of China's enterprises and institutions in Shanghai. The directly managed units include China Foreign Exchange Trading Center, China Anti-Money Laundering Monitoring and Analysis Center, People's Bank of China Data Processing Center, People's Bank of China Credit Service Center, etc. , the coordination and management units are China UnionPay and Shanghai Gold Exchange.

IV. The organizational structure of the central bank’s Shanghai headquarters

The leaders of the central bank’s Shanghai headquarters include: Suning, secretary and director of the party committee of the headquarters, Ma Delun, deputy secretary and deputy director of the party committee of the headquarters, and deputy secretary and deputy director of the party committee of the headquarters. Director Zhang Xin, member of the Party Committee of the headquarters and deputy director Ling Tao, and member of the Party Committee of the headquarters Zheng Yang.

The Shanghai headquarters has 11 departments, including: Open Market Operation Department, Financial Market Management Department, Financial Stability Department, Survey and Statistics Research Department, International Department, Financial Services Department I, Financial Services Department II, and Foreign Exchange There are 8 business departments in the management department, and 3 support service departments including the general management department, the human resources department and the disciplinary inspection and supervision office.

Shanghai Headquarters Address: No. 181, Lujiazui East Road, Pudong New District, Shanghai;