Guo Shuqing

In this Chinese name, the family name is Guo.

Guo Shuqing (Chinese: 郭树清; born 23 July 1956) is a Chinese politician, banker, and financial regulator. He is the chairman of the China Banking and Insurance Regulatory Commission.

Guo Shuqing
郭树清 Kuo Shu-ching
Guo Shuqing at 2008 World Economic Forum on Latin America
Chairman of China 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 of China Banking Regulatory Commission; Xiang Junbo as Chairman of China Insurance Regulatory Commission)
Succeeded by	Office abolished (Li Yunze as Director of National Administration of Financial Regulation)
Chairman of China 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 of China 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 of China 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 69) 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
Transcriptions Standard Mandarin Hanyu Pinyin Guō Shùqīng Wade–Giles Kuo Shu-ching

Guo spent most of his career in the finance industry. He was the Governor and Deputy Party Secretary of Shandong province, chairman of the China Securities Regulatory Commission (CSRC), chairman of China Construction Bank, chairman of the State Administration of Foreign Exchange, vice-governor of the People's Bank of China and vice-governor of Guizhou Province as well as the director of the State Administration of Foreign Exchange.

Early life and education

Guo Shuqing was born in August 1956 in Chahar Right Back Banner, Inner Mongolia Autonomous Region, near the city of Ulanqab. He is of Han Chinese background. In August 1974, he joined a farming commune in Siziwang Banner, near the regional capital Hohhot, as a laborer during the Down to the Countryside Movement. In 1978, he became part of the first batch of students to return to school after the Cultural Revolution, a period which effectively suspended higher education in China.^{[citation needed]}

He graduated from Nankai University, one of the country's top universities, in 1982 and then pursued a master's degree at the Chinese 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 to St Antony's College at Oxford University.^[1]

Career

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 the State Administration of Foreign Exchange in addition to Vice Governor of the People's Bank of China, the country's central bank. In 2003 he became chief executive of Central Huijin Investment Ltd., a full state-owned subsidiary of China Investment Corporation. In 2005 he became chairman of the board of the China 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 the China 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 of Governor of Shandong. In 2017, Guo was named chairman of the China Banking Regulatory Commission.^[2] In March 2018, he was appointed chairman of the newly established China Banking and Insurance Regulatory Commission.^{[citation needed]}

Guo was an alternate of the 17th Central Committee of the Chinese Communist Party, and was a full member of the 18th and 19th Central Committees.^[3]