Taking this opportunity, I would like to discuss financial services that central bank can provide to promote the development of other industries. Provided jointly by commercial banks and central banks in most cases, financial services, including deposits, loans, private banking services, transactions of various financial instruments and financial market services, etc. involve many aspects and huge volumes.
As these services are delivered to consumers directly by commercial banks and other financial institutions, people are likely to neglect supporting services provided by the central bank. Many people may only have limited knowledge of the services provided by a central bank.