The formulation of the problem itself is inaccurate. The central bank of China (People's Bank) does not directly manage banks or companies.

According to Article 4 of the People's Bank of China Law of the People's Republic of China:

The People's Bank of China shall perform the following duties:

(1) To issue orders and regulations related to the performance of duties;

(2) Formulating and implementing monetary policies according to law;

(3) Issuing RMB and managing its circulation;

(4) Supervise and manage the interbank lending market and the interbank bond market.

(five) the implementation of foreign exchange management, supervision and management of inter-bank foreign exchange market;

(six) supervision and management of the gold market;

(7) Holding, managing and operating the national foreign exchange reserves and gold reserves;

(8) Managing the national treasury;

(nine) to maintain the normal operation of the payment and settlement system;

(ten) to guide and deploy the anti-money laundering work in the financial industry and be responsible for monitoring the anti-money laundering funds;

(eleven) responsible for the statistics, investigation, analysis and forecast of the financial industry;

(twelve) as the central bank of the country, engaged in relevant international financial activities;

(thirteen) other duties stipulated by the State Council.

China Banking Regulatory Commission (CBRC) supervises and manages banks and other banking financial institutions.

According to the introduction of CBRC:

China Banking Regulatory Commission shall perform the following duties:

(1) Formulating and promulgating rules and regulations for the supervision and management of banking financial institutions and their business activities in accordance with laws and administrative regulations;

(2) Examining and approving the establishment, alteration, termination and business scope of banking financial institutions in accordance with the conditions and procedures prescribed by laws and administrative regulations;

(3) Qualifications of directors and senior managers of banking financial institutions;

(4) Formulating rules for prudent operation of banking financial institutions in accordance with laws and administrative regulations.

(5) conducting off-site supervision over the business activities and risk status of banking financial institutions, establishing an information system for supervision and management of banking financial institutions, and analyzing and evaluating the risk status of banking financial institutions;

(6) Conducting on-site inspections on the business activities and risk status of banking financial institutions, formulating on-site inspection procedures and standardizing on-site inspection behaviors;

(7) Supervision and management of banking financial institutions;

(eight) in conjunction with the relevant departments to establish a banking emergency handling system, formulate a banking emergency handling plan, clarify the handling institutions and personnel and their responsibilities, handling measures and handling procedures, and deal with banking emergencies in a timely and effective manner;

(nine) responsible for the unified compilation of statistical data and statements of banking financial institutions throughout the country, and shall be published in accordance with the relevant provisions of the state; Guide and supervise the activities of banking self-regulatory organizations;

(ten) to carry out international exchanges and cooperation activities related to banking supervision and management;

(eleven) to take over or promote the restructuring of banking financial institutions that have or may have a credit crisis, which seriously affects the legitimate rights and interests of depositors and other customers;

(12) Revoking the banking financial institutions that operate illegally or poorly;

(thirteen) to inquire about the accounts of banking financial institutions suspected of financial violations, their staff and related actors;

(fourteen) apply to the judicial organs to freeze the suspected transfer or concealment of illegal funds;

(fifteen) to ban the illegal business activities of banking financial institutions or banking financial institutions established without authorization;

(sixteen) responsible for the daily management of the board of supervisors of state-owned key banking financial institutions;

(seventeen) to undertake other tasks assigned by the State Council.

The financial institutions supervised by CBRC include: policy banks, state-owned commercial banks, joint-stock commercial banks, postal savings banks, city commercial banks, rural commercial banks, rural cooperative banks, rural credit cooperatives, three types of new rural financial institutions, domestic and foreign banks, trust companies, finance companies, financial leasing companies, auto financing companies, auto financing companies and consumer finance companies.