In order to ensure the realization of the macro-control function of the People's Bank of China, Articles 28 to 30 of the Law of the People's Bank of China stipulate the business that the People's Bank of China shall not carry out. Mainly includes:

1) Do not issue loans to commercial banks for more than 1 year;

2) Do not overdraw government finances, and do not directly subscribe for or underwrite national debt and other government bonds;

3) Do not provide loans to local governments and government departments at all levels;

(four) shall not provide loans to non-bank financial institutions and other units and individuals, except that the State Council decided that the People's Bank of China can provide loans to specific non-bank institutions;

5) No guarantee is provided to any unit or individual.