Is the Shanghai headquarters of the central bank and the Shanghai branch of the central bank a unit?

The Shanghai headquarters of the central bank and the Shanghai branch of the central bank are not a unit.

I. Shanghai Headquarters of the Central Bank

The Shanghai headquarters of the Central Bank is an administrative agency.

The establishment of Shanghai headquarters is mainly around the construction of financial markets and financial centers, and strengthens the adjustment function and service function of the central bank. Financial institutions, including the central bank, obey objective laws, carry out various businesses around the development of financial markets, improve various functions around the construction of financial centers, and inject new vitality into the construction of Shanghai International Financial Center.

The main responsibilities of the Shanghai headquarters of the People's Bank of China are:

(1) Organizing and implementing the open market operation of the central bank according to the operational objectives proposed by the head office; To undertake the rediscount business of Shanghai commercial banks and bill franchises.

(2) Managing the inter-bank market, tracking the development of the financial market, and researching and guiding the innovation of financial products; Analyze the influence of market tools on monetary policy and financial stability; Responsible for the evaluation of regional financial stability and foreign-related financial security.

(3) Collecting, summarizing and analyzing relevant financial market data; Conduct special research around the operation of monetary policy, the development of financial markets and the construction of financial centers.

(four) responsible for regional financial exchanges and cooperation, to undertake related international financial affairs.

(5) Undertaking the related business of China People's Bank in Shanghai.

(six) according to the management authority, responsible for personnel, party building, internal audit, discipline inspection and supervision of Shanghai headquarters and its jurisdiction.

(seven) responsible for the management of the relevant institutions of the People's Bank of China in Shanghai, and assist the work of the relevant institutions.

(eight) to undertake other tasks assigned by the head office.

Two. Shanghai branch

Shanghai Branch is a banking institution in Shanghai.

After the establishment of Shanghai Branch of China People's Bank, according to the principle of "taking over while building a bank", it took over the bureaucratic capital bank, canceled the privileges of foreign banks in China, and quickly established branches of China People's Bank. A lot of work has been done in stabilizing prices, rectifying financial order, and supporting the recovery and development of industrial and agricultural production areas.

(1) Take over the bureaucratic capital bank and cancel the privileges of foreign banks in Shanghai. After the liberation of Shanghai, according to the provisions of the "Same Program on Confiscating Bureaucratic Capital to the People's State" adopted by the China People's Political Consultative Conference, and in accordance with the takeover policy of "according to the system, intact, top-down, complete set of reception", four types of bureaucratic capital financial institutions were taken over; First, the so-called national banks run by the national government, namely the Central Bank, Bank of China, Bank of Communications, Farmers Bank of China, Central Trust Bureau, Postal Savings Bank Bureau and Central Cooperative Bank. Second, provincial and municipal banks with bureaucratic capital, including Shanghai Bank, Jiangsu Bank, Jiangsu Farmers Bank, Zhejiang Bank and Taiwan Province Bank. Third, other banks and financial institutions run by members of the four families of Song Jiang, Kong Chen, such as Guangdong Bank, Shaanxi Yuhua Bank, Yadong Commercial Bank and China Construction Bank. Fourth, banks jointly run by government and businessmen, such as Xinhua Bank, Industrial Bank, Siming Bank, China Commercial Bank, China Domestic Bank, etc. In addition, there are other bureaucratic capital financial institutions to take over, such as joint credit bureaus, clearing houses, six banknote printing plants, and 19 insurance companies. When Shanghai was liberated, there were 15 foreign banks, including 4 in Britain (HSBC, Macquarie, Yihe Sassoon); 5 in the United States (Citigroup, Chase, AIA, American Business, American Express); 2 in France (Oriental Huili, Sino-French Industry and Commerce); 2 in the Netherlands (Netherlands, Anda); Belgian 1 (Bi Hua); Russia 1 (Moscow State Bank, run by former Russian businessmen). Before liberation, these banks, by virtue of their political and economic privileges, issued currency, monopolized international exchange and manipulated China's gold, silver and foreign exchange markets, thus forming a monopoly position in their business operations. After liberation, the people's government revoked all their privileges, allowed them to operate legally within the prescribed scope, and did not allow them to engage in unapproved business. As the business activities of foreign banks are under the supervision and management of China municipal government, the huge profits generated by their privileges in the past have disappeared, so most foreign banks have applied for closure. By 1954, there were only two foreign banks left in Shanghai, namely HSBC and Macquarie.

(2) Establish branches at all levels to form the organizational system of Shanghai Branch. Shanghai Branch of the People's Bank of China quickly established branches at all levels while taking over bureaucratic capital banks. At the beginning of the establishment of CCB, the branch only set up two departments: business department and public treasury department, and three rooms: secretary, personnel department and accounting department. By the end of June, three more departments were added, namely, cooperative savings department, trust department and public utilities department. As for the basic organizational system, by the end of 1949, there were 22 offices in the urban area, 127 service offices and 44 cash collection offices. The name of the office was changed from 195 1+0 1 to street name (there are street offices in the whole city * * *). 1952 after the movement against the "three evils", a municipal office was established in accordance with the administrative divisions at that time, and there were 20 district offices in the city, which were the dispatched offices of branches and were responsible for managing a number of banking businesses in the region, with 48 sub-branches.

(3) Stabilize prices and promote the recovery and development of the national economy. When Shanghai was liberated, due to the influence of hyperinflation during the Kuomintang regime and the wanton destruction and interference of domestic and foreign enemies, speculation was rampant, gold, silver and foreign currencies were still priced and circulated, and the market price was extremely unstable. Faced with this situation, under the unified leadership of the Municipal People's Government, the People's Bank of China has done a lot of work in stabilizing financial prices and promoting economic recovery and development. First, occupy the market with RMB, prohibit the pricing and circulation of gold, silver and foreign currencies, severely crack down on financial speculation, and start discounting savings, which quickly stabilized financial prices. Second, implement the decision to unify financial and economic work, implement cash management, vigorously carry out savings, comprehensively carry out domestic exchanges, and quickly establish vaults, and soon realize the central work goal of "collecting deposits, building vaults, and mobilizing" proposed by the head office of the People's Bank of China. Third, actively support the recovery and development of industrial and agricultural production and actively carry out material exchanges between urban and rural areas. 1952 The total amount of loans from local banks in Shanghai increased by 34. 1 times compared with the end of 1949, of which 79.25% were for corporate loans and 69.30% were for the Chinese camp, which supported state-owned businesses to master major materials such as grain and gauze and ensured people's basic necessities.

Official of Bank of China Shanghai Branch