Does that mean the People's Bank of China will act as the central bank of China?

这么说，中国人民银行将作为中国的中央银行了？

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The central bank in China is the People's Bank of China.

中国的中央银行是中国人民银行。

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Drawn on Bank of China, Head Office.

中国银行总行是付款人。

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Asian Development Bank economist Zhuang Jian says strong performance in the last two months of 2009 helped China's export surge.

VOA: standard.2010.01.11

They include a $500 million loan from the Agricultural Bank of China to Russia's second biggest lender,VTB.

VOA: standard.2009.10.13

Last year, the Royal Bank of Scotland Group took a 10% stake in Bank of China , while Bank of America struck an agreement to acquire up to 19.9% of China Construction Bank.

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Last year, the Royal Bank of Scotland Group took a 10% stake in Bank of China , while Bank of America (nyse: BAC - news - people ) struck an agreement to acquire up to 19.9% of China Construction Bank.

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In addition, stock prices of the big Chinese banks are relatively cheap: Bank of China trades at 1.4 times forward book value, and Agricultural Bank of China trades at 1.6 book value for fiscal year 2011, even though Bank of China is considered a better-run bank.

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