Pan Gongsheng

Chinese economist, banker, reformist and government official
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潘功胜
Pan in 2023
13th Governor of the People's Bank of China
Incumbent
Assumed office
25 July 2023PremierLi QiangPreceded byYi GangDirector of the State Administration of Foreign ExchangeIn office
12 January 2016 – 24 November 2023PremierLi Keqiang
Li QiangPreceded byYi GangSucceeded byZhu Hexin [zh]Deputy Governor of the People's Bank of ChinaIn office
December 2012 – 25 July 2023GovernorZhou Xiaochuan
Yi Gang Personal detailsBorn (1963-07-08) July 8, 1963 (age 60)
Anqing, Anhui, ChinaPolitical partyChinese Communist PartyAlma materRenmin University of China

Pan Gongsheng (Chinese: 潘功胜; pinyin: Pān Gōngshèng; born July 8, 1963) is a Chinese economist and politician who is the current Chinese Communist Party Committee Secretary and governor of the People's Bank of China (PBC). He served as the Director of the State Administration of Foreign Exchange from 2016 to 2023. At the PBC, he has worked on the monetary policy of China.

Education

Pan received his Ph.D. in economics from Renmin University of China. He did his post-doctoral research at Cambridge University and was a research fellow at Harvard University.[1]

Career

Commercial Banking

Pan was Vice President of Agricultural Bank of China from 2008-2010. Prior to Agricultural Bank Pan worked at Industrial and Commercial Bank of China in a number of positions.[1]

People's Bank of China

In 2012, Pan joined the People's Bank of China as Deputy Governor, and later assumed leadership of State Administration of Foreign Exchange, as its administrator.[2][1] Pan leads Leading Group of Internet Financial Risks Remediation, which has been tasked with clamping down on Bitcoin and cryptocurrency in China.[3]

He is also a member of the Academic Committee of the China Finance 40 Forum (CF40).[4] In July 2023, he was appointed as the secretary of the People's Bank of China Committee of the Chinese Communist Party, succeeding Guo Shuqing.[5][6]

In 2023, Pan was appointed as the Governor of the People’s Bank of China.[7]

References

  1. ^ a b c http://www.pbc.gov.cn/english/130715/130839/index.html
  2. ^ "国家外汇管理局信息门户". State Administration of Foreign Exchange. Archived from the original on 2018-01-17. Retrieved 2018-01-09.
  3. ^ Russell, John (9 January 2018). "China is reportedly moving to clamp down on bitcoin miners". TechCrunch. Retrieved 10 January 2018.
  4. ^ "Organizational Structure". CF40.
  5. ^ Pisharody, Gokul; Gautam, Bharat Govind (2023-07-01). "China foreign-exchange regulator Pan Gongsheng named central-bank party boss". Reuters. Retrieved 2023-07-01.
  6. ^ White, Edward; Leng, Cheng (2023-07-01). "Western-trained banker in line to lead China's central bank". Financial Times. Retrieved 2023-07-01.
  7. ^ "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". cpc.people.com.cn. Retrieved 2023-07-25.
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Party political offices
Preceded by Communist Party Secretary of the People's Bank of China
2023–present
Incumbent
Government offices
Preceded by Director of the State Administration of Foreign Exchange
2016–2023
Succeeded by
Zhu Hexin
Preceded by Governor of the People's Bank of China
2023–present
Incumbent
  • v
  • t
  • e
  1. Nan Hanchen
  2. Cao Juru
  3. Hu Lijiao
  4. Chen Xiyu
  5. Li Baohua
  6. Lü Peijian
  7. Chen Muhua
  8. Li Guixian
  9. Zhu Rongji
  10. Dai Xianglong
  11. Zhou Xiaochuan
  12. Yi Gang
  13. Pan Gongsheng
  • v
  • t
  • e
Li Qiang Cabinet I (2023–2028)
Premier

Premier Li Qiang


1st Vice-Premier Ding Xuexiang
Vice-Premiers
State Councilors
  1. Li Shangfu (Removed from post on 24 October 2023)
  2. Wang Xiaohong
  3. Wu Zhenglong
  4. Shen Yiqin
  5. Qin Gang (Removed from post on 24 October 2023)
Secretary-General
Ministers
01 Foreign Affairs
Qin Gang → Wang Yi
02 National Defense
03 Development & Reform Commission
04 Education
05 Science & Technology
06 Industry & Information Technology
07 Ethnic Affairs Commission
Pan Yue
08 Public Security
09 State Security
10 Civil Affairs
11 Justice
12 Finance
13 Human Resources & Social Security
14 Natural Resources
15 Ecology & Environment
16 Housing & Urban-Rural Development
Ni Hong
17 Transport
Li Xiaopeng
18 Water Resources
19 Agriculture & Rural Affairs
20 Commerce
21 Culture & Tourism
22 Health Commission
23 Veterans Affairs
24 Emergency Management
Central Bank Governor
Yi Gang → Pan Gongsheng
Auditor-General
  • v
  • t
  • e
Central bank governors of the G20