According to the status and functions of my country's financial institutions, the main systems are as follows: 1. Central Bank: The People's Bank of China is the central bank of my country. The main differences between the People's Bank of China and the Bank of China are: the People's Bank of China is a government bank and a bank. Banks and issuing banks do not handle specific deposit and loan businesses; Bank of China assumes the same responsibilities as state-owned commercial banks such as Industrial and Commercial Bank of China, Agricultural Bank of China, and China Construction Bank.

2. Financial regulatory agencies: my country's financial regulatory agencies mainly include: China Banking Regulatory Commission, referred to as the China Banking Regulatory Commission, which is mainly responsible for the regulatory functions of the banking industry transferred from the People's Bank of China, and provides unified supervision and management of banking financial institutions and trusts. Investment companies and other financial institutions; the China Securities Regulatory Commission, referred to as the China Securities Regulatory Commission, supervises and manages the securities and futures industries in accordance with the law.

3. State Administration of Foreign Exchange: Founded on March 13, 1979, it was managed by the People's Bank of China at that time; in April 1993, according to the State Council's institutional reform plan approved by the First Session of the Eighth National People's Congress and the "State Administration of Foreign Exchange on the Administration of Ministries and Commissions"

"Notice on the Establishment and Related Issues", the State Administration of Foreign Exchange is a national bureau managed by the People's Bank of China and is an administrative agency that conducts foreign exchange management in accordance with the law.

4. Board of Supervisors of key state-owned financial institutions: The board of supervisors is dispatched by the State Council and is responsible to the State Council. It supervises the asset quality of key state-owned financial institutions and the maintenance and appreciation of state-owned assets on behalf of the state.

5. Policy financial institutions: Policy financial institutions are initiated and funded by the government and are institutions that carry out financing and credit activities to implement and cooperate with the government's specific economic policies and intentions.

my country's policy financial institutions include three policy banks: China Development Bank, Export-Import Bank of China and Agricultural Development Bank of China.

Policy banks do not aim to make profits, and their business operations are subject to national economic policies and accept the business guidance of the People's Bank of China.

6. Commercial financial institutions: my country’s commercial financial institutions include three major categories: banking financial institutions, securities institutions and insurance institutions.

7. Banking financial institutions: including commercial banks, credit cooperative institutions and non-bank financial institutions.

Commercial banks refer to for-profit institutions that mainly absorb deposits, grant loans and engage in intermediary business. They mainly include state-owned commercial banks, joint-stock commercial banks, city commercial banks, rural commercial banks, housing savings banks, foreign-funded banks and Sino-foreign joint venture banks.

Credit cooperative institutions include urban credit cooperatives and rural credit cooperatives.

Non-bank financial institutions mainly include financial asset management companies, trust investment companies, finance companies, leasing companies, etc.

8. Securities institutions: refers to institutions that provide intermediary services to securities market participants, including securities companies, stock exchanges, securities registration and clearing companies, securities investment consulting companies, fund management companies, etc.

The securities mentioned here mainly refer to stocks, bonds, investment funds, depositary receipts and other valuable certificates issued and circulated with the approval of relevant government departments. Direct financing through securities as a carrier can achieve an organic combination of investment and financing.

It can also effectively save financing costs.

9. Insurance institutions: refers to institutions that specialize in insurance business, including state-owned insurance companies, joint-stock insurance companies, foreign-funded insurance branches and Sino-foreign joint venture insurance companies engaged in insurance business in China.

Extended information: The financial system has the following six basic functions: ① Clearing and payment functions, that is, the financial system provides clearing and payment means to facilitate the transactions of goods, services and assets; ② Fund financing and equity refinement functions, that is, the financial system provides various

A mechanism to pool funds and guide large-scale indivisible investment projects; ③ Provide channels for the transfer of economic resources across time and space, that is, the financial system provides methods and mechanisms to promote the transfer of economic resources across time, regions and industries; ④ Risks

Management function, that is, the financial system provides means and ways to cope with unexpected events and control risks; ⑤ Information provision function, that is, the financial system helps coordinate decentralized decision-making in different economic sectors by providing price signals; ⑥ Solve incentive problems, that is, the financial system

It solves the incentive problem in financial transactions where both parties have asymmetric information and principal-agent behavior.

1. Clearing and payment functions With the deepening of economic monetization, it is a basic need to establish an effective and adaptable transaction and payment system.

Reliable transaction and payment systems should be the infrastructure of the financial system. Without this system, high transaction costs will inevitably be accompanied by economic inefficiency.