ABSTRACT
Banking institutions in China include state-owned banks and non-state owned banks. State-owned banks include the central bank, state commercial banks, and policy lending banks. Non-state banks include four nationwide commercial banks, five regional commercial banks, and one private bank. In the following sections we will discuss respectively these various types of banks and their functions as mobilizers of savings and channels of investment. In particular, we will present the structure of the sources of funds for and destinations of loans made by these banking institutions. This chapter is closely linked with equations 3-5 and 13-14 presented in Chapter 4.
