Overview of the Banking Industry in China

I.The Role of the Banking Sector in China

Paragragh 5 (P1)

1.Fourth, the banking sector provides the indispensable national payments mechanism for the development of modern financial and business systems.

    第四，银行部门为现代财政和企业体制的发展提供必要的国家支付体系。

    (1)the indispensable national payment mechanism：必要的国家支付体系