Two basic laws were introduced in 1995 to govern banks in China: the Law of the People's Bank of China and the Commercial Banking Law of China (known herein as "The CB Law"). These laws represented a major step in the reforming of the banking system. The CB Law outlines banking reforms in four key areas:
　　1. Protection of depositors;
　　2. Granting of greater autonomy to commercial banks;
　　3. Conversion of specialized banks and credit cooperatives into commercial banks; and
　　4. Introduction of prudential standards and regulations.
　　At the time, these standards were too high for the major banks to adopt. Today however, all commercial banks ("CBs") adhere to The CB law.      1995年出臺了管理中國銀行的兩個基本法：中國人民銀行法和中國商業銀行法（這里稱“商業銀行法(The CB Law)”）。這些法律的出臺是整頓銀行系統的重要一步。商業銀行法概述了銀行改革的四個關鍵領域：
　　1、保護存款人;
　　2、授予商業銀行更多的自主權;
　　3、將專門銀行和信用合作社并入商業銀行；以及
　　4、引入慎重原則和規章。
　　那時采用這些標準，對主要的銀行來說是要求太高了。但是今天，所有的商業銀行(“CB”)都遵守商業銀行法。