Guo Shuqing | |||||||||
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郭树清 Kuo Shu-ching | |||||||||
![]() Guo Shuqing at 2008World Economic Forum on Latin America | |||||||||
Chairman ofChina Banking and Insurance Regulatory Commission | |||||||||
In office 21 March 2018 – 18 May 2023 | |||||||||
Premier | Li Keqiang Li Qiang | ||||||||
Preceded by | Office established (Himself as Chairman ofChina Banking Regulatory Commission; Xiang Junbo as Chairman ofChina Insurance Regulatory Commission) | ||||||||
Succeeded by | Office abolished (Li Yunze as Director ofNational Administration of Financial Regulation) | ||||||||
Chairman ofChina Banking Regulatory Commission | |||||||||
In office 24 February 2017 – 17 March 2018 | |||||||||
Premier | Li Keqiang | ||||||||
Preceded by | Shang Fulin | ||||||||
Succeeded by | Office abolished (Himself as Chairman ofChina Banking and Insurance Regulatory Commission) | ||||||||
Governor of Shandong | |||||||||
In office 5 June 2013 – 24 February 2017 | |||||||||
Party Secretary | Jiang Yikang | ||||||||
Preceded by | Jiang Daming | ||||||||
Succeeded by | Gong Zheng | ||||||||
Chairman ofChina Securities Regulatory Commission | |||||||||
In office 29 October 2011 – 17 March 2013 | |||||||||
Premier | Wen Jiabao | ||||||||
Preceded by | Shang Fulin | ||||||||
Succeeded by | Xiao Gang | ||||||||
Personal details | |||||||||
Born | (1956-07-23)23 July 1956 (age 68) Chahar Right Back Banner,Inner Mongolia, China | ||||||||
Political party | Chinese Communist Party | ||||||||
Alma mater | Nankai University Chinese Academy of Social Sciences | ||||||||
Chinese name | |||||||||
Traditional Chinese | 郭樹清 | ||||||||
Simplified Chinese | 郭树清 | ||||||||
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Guo Shuqing (Chinese:郭树清; born 23 July 1956) is a Chinese politician, banker, and financial regulator. He is the chairman of theChina Banking and Insurance Regulatory Commission.
Guo spent most of his career in the finance industry. He was the Governor and Deputy Party Secretary ofShandong province, chairman of theChina Securities Regulatory Commission (CSRC), chairman ofChina Construction Bank, chairman of theState Administration of Foreign Exchange, vice-governor of thePeople's Bank of China and vice-governor ofGuizhou Province as well as the director of theState Administration of Foreign Exchange.
Guo Shuqing was born in August 1956 inChahar Right Back Banner,Inner Mongolia Autonomous Region, near the city ofUlanqab. He is ofHan Chinese background. In August 1974, he joined a farming commune inSiziwang Banner, near the regional capitalHohhot, as a laborer during theDown to the Countryside Movement. In 1978, he became part of the first batch of students to return to school after theCultural Revolution, a period which effectively suspended higher education in China.[citation needed]
He graduated fromNankai University, one of the country's top universities, in 1982 and then pursued a master's degree at theChinese Academy of Social Sciences.[1]
After graduating he continued to take part in academic research while completing a doctorate in law. During his studies he also worked briefly as a researcher at the State Council office in charge of economic reform; he also took a year-long study abroad trip toSt Antony's College atOxford University.[1]
Beginning in 1988, Guo became a full-time researcher at the State Council, working in various capacities for institutions related to economic restructuring. In March 1996 he became Secretary-General of the state commission in charge of macroeconomic management. In 1998, he was transferred to Guizhou province as Vice Governor.[citation needed]
In 2001, he became director of theState Administration of Foreign Exchange in addition to Vice Governor of thePeople's Bank of China, the country'scentral bank. In 2003 he became chief executive ofCentral Huijin Investment Ltd., a full state-owned subsidiary ofChina Investment Corporation. In 2005 he became chairman of the board of theChina Construction Bank, one of China's largest banks by revenue. He served in that role for over six years. In 2011, he took on the job of chairman of theChina Securities Regulatory Commission (CSRC), China's securities regulator.[citation needed]
In March 2013, Guo was tasked with his second regional stint, this time taking on the office ofGovernor of Shandong. In 2017, Guo was named chairman of theChina Banking Regulatory Commission.[2] In March 2018, he was appointed chairman of the newly establishedChina Banking and Insurance Regulatory Commission.[citation needed]
Guo was an alternate member of the17th Central Committee of the Chinese Communist Party, and is a full member of the18th and19th Central Committees.[3]
Government offices | ||
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Preceded by Wu Xiaoling | Minister ofState Administration of Foreign Exchange 2001–2005 | Succeeded by |
Preceded by | Chairman ofChina Securities Regulatory Commission 2011–2013 | Succeeded by |
Preceded by | Governor of Shandong 2013–2017 | Succeeded by |
Preceded by Shang Fulin | Chairman ofChina Banking Regulatory Commission 2017–2018 | Succeeded by Office abolished |
New title | Chairman ofChina Banking and Insurance Regulatory Commission 2018–2023 | Succeeded by |
Business positions | ||
New title | Chairman ofCentral Huijin Investment 2003–2008 | Succeeded by |
Preceded by Zhang Enzhao | Chairman ofChina Construction Bank 2005–2011 | Succeeded by |