Chinese banks are financial institutions that provide a range of services, including savings accounts, loans, and investment options. They play a crucial role in the country's economy by facilitating trade, supporting businesses, and managing currency. The major types of banks in China include state-owned banks, joint-stock commercial banks, and foreign banks. The largest banks in China, such as Industrial and Commercial Bank of China and China Construction Bank, are among the biggest in the world by total assets. These banks are regulated by the People's Bank of China, which oversees monetary policy and ensures financial stability within the country.