Exercise power within the scope authorized by the superior bank, and examine and approve the financial expenses and loan issuance within the authority. According to the inquiry of Agricultural Bank of China official website, the president is the legal representative and exercises various rights on behalf of Agricultural Bank of China. The authority of the President of Agricultural Bank of China is to exercise power within the scope authorized by the superior bank, and to examine and approve financial expenses and loan issuance within the authority. The branches of Agricultural Bank of China do not have the legal person status, and carry out business within the scope authorized by the head office and bear corresponding responsibilities.