The full name of Postal Service is China Post Group Corporation, and the full name of Postal Savings Bank is China Postal Savings Bank. The difference between the two is:

1. Different natures. The full name of Postal Service is China Post Group Corporation. The Postal Group Company is a large-scale state-owned enterprise established in accordance with the "Law of the People's Republic of China on Industrial Enterprises Owned by the Whole People" based on the operating assets and some enterprises and institutions owned by the former State Post Bureau. The Postal Savings Bank is a state-owned commercial bank established on the basis of reforming the postal savings management system.

2. Different affiliations. China Post Group Corporation is an investment institution authorized by the State Council and assumes the obligation to maintain and increase the value of state-owned assets. The Ministry of Finance is the state-owned asset management department of China Post Group Corporation. The Postal Savings Bank of China is only a financial branch of China Post Group Corporation, and the competent authority is China Post Group Corporation. In other words, Postal Savings Bank of China is only a subsidiary of China Post.

3. Different businesses. China Post Group Company mainly engages in domestic and international mail delivery, distribution of newspapers and other publications, postal remittance, postal savings, postal logistics, stamp issuance and other businesses. In accordance with relevant national regulations, it undertakes universal postal service obligations; entrusted by the state, it undertakes special services such as confidential communications business and conscript communications. Postal Savings Bank is mainly engaged in banking and financial services.

Extended information:

China Post Group Corporation is a large state-owned enterprise under the jurisdiction of the Ministry of Finance. The company has a registered capital of 80 billion yuan and the current chairman is Liu Aili. In the 2018 Fortune Global 500 list, China Post Group Company ranked 113th. The group company's revenue ranked second in the world's postal services, and its profit scale ranked first in the world's postal services for four consecutive years.

China Post Group Corporation’s holding companies and directly affiliated institutions mainly include: China Postal Savings Bank, China Postal Express Logistics Company, China Post Life Insurance Co., Ltd., China Postal Airlines, China Philatelic Corporation, Postal Securities Co., Ltd., China Post Group Corporation Information Technology Bureau, China Post Group Corporation Research Institute (Postal Science Research and Planning Institute), Shijiazhuang Vocational and Technical College of Posts and Telecommunications, etc.

As a subsidiary of China Post Group, Postal Savings Bank of China has nearly 40,000 business outlets and serves 565 million individual customers (as of early November 2018). It has created a comprehensive electronic banking system including online banking, mobile banking, self-service banking, telephone banking, WeChat banking, etc., forming financial services where electronic channels and physical networks are interconnected, and offline physical banks and online virtual banks go hand in hand. pattern.

Baidu Encyclopedia—Postal Savings Bank of China

Baidu Encyclopedia—China Post Group Corporation

China Post official website—China Post Group Corporation organizational structure

Official website of Postal Savings Bank of China—Postal Savings Bank of China