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Summary:
People's Bank of China is based in Beijing and founded in 1948. People's Bank of China was adopted as the central bank in 1983 and is responsible for monetary policy, financial stability, payment systems, credit information, and other central bank functions. The People's Bank of China operates 9 regional branches in Tianjin, Shenyang, Shanghai, Nanjing, Jinan, Wuhan, Guangzhou, Chengdu and Xi'an.
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