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Governor of the People's Bank of China


FieldValue
postGovernor
body
the People's Bank of China
insigniaNational Emblem of the People's Republic of China (2).svg
insigniasize100
insigniacaptionNational Emblem of China
flagFlag of the People's Republic of China.svg
flagcaptionFlag of China
nominatorPremier
(chosen within the Chinese Communist Party)
appointerPresident
imagePan Gongsheng.jpg
imagesize200
incumbentPan Gongsheng
incumbentsince25 July 2023
formation
inauguralNan Hanchen
departmentPeople's Bank of China
member_ofPlenary Meeting of the State Council
seatBeijing
native_name中国人民银行行长
appointer_qualifiedwith the confirmation of the National People's Congress or its Standing Committee
deputyDeputy Governor of the People's Bank of China
statusProvincial and ministerial-level official

the People's Bank of China (chosen within the Chinese Communist Party)

The governor of the People's Bank of China is the head of the People's Bank of China and one of the country's key economic decisionmakers. Officially, the governor is nominated by the premier of the State Council, who is then approved by the National People's Congress or its Standing Committee and appointed by the president.

The governor post is not necessarily held concurrently with the Chinese Communist Party (CCP) secretary of the PBC. The CCP committee secretary is the most powerful position in the bank and can hold more sway than the governor. The current PBC governor Pan Gongsheng holds both posts. The governor also chairs the PBC Monetary Policy Committee, an advisory body that typically includes the directors and deputy directors of other financial agencies, as well as a few influential academic economists.

The current governor is Pan Gongsheng, who concurrently serves as the Chinese Communist Party (CCP) committee secretary of the PBC.

List of officeholders

No.NameTook officeLeft officePremierParty Secretary
1Nan HanchenOctober 1949October 1954Zhou EnlaiNan Hanchen
2Cao JuruOctober 1954October 1964Cao Juru
3Hu LijiaoOctober 19641966Hu Lijiao
Position abolished during Cultural Revolution
4Chen Xiyu13 May 1973March 1978Zhou Enlai
Hua Guofeng
5Li Baohua5 March 19784 May 1982Li Baohua
Zhao Ziyang
6Lü Peijian4 May 198221 March 1985Lü Peijian
7Chen Muhua21 March 198512 April 1988Chen Muhua
8Li Guixian12 April 19882 July 1993Li Peng
Li Guixian
9Zhu Rongji2 July 199330 June 1995Zhou Zhengqing
10Dai Xianglong30 June 199528 December 2002Dai Xianglong
Zhu Rongji
11Zhou Xiaochuan28 December 200219 March 2018Zhou Xiaochuan
Wen Jiabaolast=Chenfirst=Muyangtitle=The Latecomer's Rise: Policy Banks and the Globalization of China's Development Financedate=2024publisher=Cornell University Pressisbn=9781501775857location=Ithaca and Londonpages=148jstor=10.7591/jj.6230186}}
Li Keqiang
12Yi Gang19 March 201825 July 2023Guo Shuqing
Li Qiang
13Pan Gongsheng25 July 2023IncumbentPan Gongsheng

References

References

  1. "Constitution of the People's Republic of China".
  2. White, Edward. (2023-07-01). "Western-trained banker in line to lead China’s central bank". [[Financial Times]].
  3. (9 July 2023). "Yellen’s China Trip Leaves No Doubt Pan’s in Charge of PBOC". [[Bloomberg News]].
  4. "Decoding Chinese Politics".
  5. Chen, Muyang. (2024). "The Latecomer's Rise: Policy Banks and the Globalization of China's Development Finance". [[Cornell University Press]].
  6. "中华人民共和国主席令(第八号)--新闻报道-中国共产党新闻网".
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