Central bank loans not only have the basic characteristics of general loans, but also have significant differences with loans from specialized banks and other financial institutions, mainly in the following aspects:

1. The loan object is specialized banks and other financial institutions that have opened accounts with the People's Bank of China;

2. The factors restricting the total amount of loans are different. Central bank loans can not be determined according to the amount of funds, like ordinary banks, but according to the national monetary policy objectives and economic conditions.

3. Loans have different functions. Central bank loans are in the position of "master gate" in individual bank loans and are the initial source of funds for other banks.