Key PBOC think tank positions filled up
Print Edition
THE State Council has approved key appointments to the Chinese central bank’s policy think tank after a number of positions opened up following the expiry of terms of current members.
Three professors, Fan Gang and Huang Yiping from the Peking University, and Bai Chong’en from the Tsinghua University, were named as economic and financial specialists in the monetary policy committee of the People’s Bank of China. The committee offers advice to policy-makers on the implementation of their goals, monetary policies, and coordinating economic policies.
The last personnel adjustment was made in 2013.
Fan was also in the elite panel between 2006 and 2010. He is of the view that China should maintain slow growth of the stock market to facilitate fundraising for companies.
Huang specializes in international finance and agricultural development, and has proposed accelerating reforms to eliminate financial discrimination in non-state-owned entities.
Bai specializes in institutional economics and favors reducing local governments’ interference over allocation of resources and companies activities.
Four government officials, Lian Weiliang, deputy director of the National Development and Reform Commission, Shi Yaobin, deputy finance minister, Zhang Xiaohui, People’s Bank of China governor assistant, and Tian Guoli, chairman of the Bank of China, will replace four members in the committee.
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