Guo Shuqing

Chairman of China Banking and Insurance Regulatory CommissionIn office
21 March 2018 – 18 May 2023PremierLi Keqiang
Li QiangPreceded byOffice established
(Himself as Chairman of China Banking Regulatory Commission;
Xiang Junbo as Chairman of China Insurance Regulatory Commission)Succeeded byOffice abolished
(Li Yunze as Director of National Administration of Financial Regulation)Chairman of China Banking Regulatory CommissionIn office
24 February 2017 – 17 March 2018PremierLi KeqiangPreceded byShang FulinSucceeded byOffice abolished
(Himself as Chairman of China Banking and Insurance Regulatory Commission)Governor of ShandongIn office
March 2013 – February 2017Party SecretaryJiang YikangPreceded byJiang DamingSucceeded byGong ZhengChairman of China Securities Regulatory CommissionIn office
29 October 2011 – 17 March 2013PremierWen JiabaoPreceded byShang FulinSucceeded byXiao Gang Personal detailsBorn (1956-07-23) 23 July 1956 (age 67)
Chahar Right Back Banner, Inner Mongolia, ChinaPolitical partyCommunist Party of ChinaAlma materNankai University
Chinese Academy of Social SciencesChinese nameTraditional Chinese郭樹清Simplified Chinese郭树清

Transcriptions
Standard Mandarin
Hanyu Pinyin	Guō Shùqīng
Wade–Giles	Kuo Shu-ching

Guo Shuqing (Chinese: 郭树清; born 23 July 1956), also spelled as Kuo Shu-ching is a Chinese politician, banker, and financial regulator. He is currently serving as the chairman of the China Banking and Insurance Regulatory Commission.

Guo spent most of his career in the finance industry. He formerly served as 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 labourer 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.

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.

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.

In March 2013, Guo was tasked with his second regional stint, this time taking on the office of Governor of Shandong province. 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.

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

References

Government offices
Preceded by Wu Xiaoling	Minister of State Administration of Foreign Exchange 2001–2005	Succeeded by Hu Xiaolian
Preceded by Shang Fulin	Chairman of China Securities Regulatory Commission 2011–2013	Succeeded by Xiao Gang
Preceded by Jiang Daming	Governor of Shandong 2013–2017	Succeeded by Gong Zheng
Preceded by Shang Fulin	Chairman of China Banking Regulatory Commission 2017–2018	Succeeded by Office abolished
New title	Chairman of China Banking and Insurance Regulatory Commission 2018–2023	Succeeded by Office abolished (Li Yunze as Director of National Administration of Financial Regulation)
Business positions
New title	Chairman of Central Huijin Investment 2003–2008	Succeeded by Lou Jiwei
Preceded by Zhang Enzhao	Chairman of China Construction Bank 2005–2011	Succeeded by Wang Hongzhang