Dai Xianglong (; born 1 October 1944) is a Chinese politician. He is the former governor of the

People's Bank of China The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by ...

, and the former mayor of

Tianjin Tianjin (; ; Mandarin: ), alternately romanized as Tientsin (), is a municipality and a coastal metropolis in Northern China on the shore of the Bohai Sea. It is one of the nine national central cities in Mainland China, with a total popu ...

. He currently serves as the president and

Chinese Communist Party The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil ...

(CCP) party chief of the

National Council for Social Security Fund The National Social Security Fund is a supplementary fund of the People's Republic of China which is used for social security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society ...

Biography

Born in

Yizheng Yizheng () is a county-level city under the administration of the prefecture-level city of Yangzhou, Jiangsu province, China, with a population of about 600,000 (2007). It borders the prefecture-level divisions of Chuzhou (Anhui) to the north, Nan ...

, Jiangsu Province, Dai graduated from the department of accounting of the Central Institute of Finance and Economics (now the

Central University of Finance and Economics Central University of Finance and Economics (CUFE; ), is a national public research university located in Beijing, China. Central University of Finance and Economics is the first economics and management university which was founded by the Chin ...

), majoring in financial accounting. He joined the Chinese Communist Party in May 1973. After graduation, he served as an accountant at the finance office of the Guishan Coal Mine in

Yunnan Yunnan , () is a landlocked province in the southwest of the People's Republic of China. The province spans approximately and has a population of 48.3 million (as of 2018). The capital of the province is Kunming. The province borders the C ...

, an official in its propaganda office, vice secretary of the CCP committee at the second industrial zone, and an official at the political department of the Coal Industrial Bureau in Yunnan. Later, he moved to

Jiangsu Jiangsu (; ; pinyin: Jiāngsū, alternatively romanized as Kiangsu or Chiangsu) is an eastern coastal province of the People's Republic of China. It is one of the leading provinces in finance, education, technology, and tourism, with its ca ...

and became an official of the

Agricultural Bank of China Agricultural Bank of China (ABC), also known as AgBank, is one of the " Big Four" banks in China. It was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, ...

Jiangsu Branch, vice director of its appropriation office, vice mayor of Feng County of Jiangsu, and vice governor of the Agricultural Bank of China Jiangsu Branch. From 1985 to 1995, he served as vice governor of the Agricultural Bank of China, general manager, vice president and CCP party chief of the

Bank of Communications Bank of Communications Limited (BoComm) (; often abbreviated as ), is the fifth-largest bank in mainland China. Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in mo ...

, and vice governor and deputy party chief of the

. He was appointed as governor and CCP party chief of the People's Bank of China in June 1995. Since then, he has become well recognized. In June 2001, he was additionally appointed as vice secretary of the central finance commission. During his tenure as governor of China's central bank, Dai presided over 9 consecutive interest rate reductions, earning him the nickname of "governor who lowers the interest rate". In December 2002, he was appointed vice secretary of the CCP Tianjin municipal committee, and vice mayor and acting mayor of Tianjin. He was confirmed as mayor in January 2003. On December 28, 2007, Dai resigned as mayor of Tianjin, and vice mayor

Huang Xingguo Huang Xingguo (; born October 1954) was the Mayor of Tianjin, and, between 2015 and 2016, the acting Communist Party Secretary of Tianjin.

succeeded him in this post. The secretary of the CCP Tianjin committee,

Zhang Gaoli Zhang Gaoli or Chang Kao-li ( zh, 张高丽; ; born 1 November 1946) is a retired Chinese politician. He served as the senior Vice Premier of the State Council between 2013 and 2018 and as a member of the Chinese Communist Party Politburo ...

, commented on Dai Xianglong, "Dai was very devoted to the fast development of Tianjin. He had great passion for the officials and people of Tianjin. The people of Tianjin won't forget his contributions......". On January 30, 2008, the

State Council State Council may refer to: Government * State Council of the Republic of Korea, the national cabinet of South Korea, headed by the President * State Council of the People's Republic of China, the national cabinet and chief administrative auth ...

appointed Dai as the president and party chief of the National Council for Social Security Fund, in charge of the national fund of 740 billion RMB (yuan).Dai Xianglong Heading Social Security Fund, in Charge of 500 Billion SSF
/ref> Dai is a senior economist and a research fellow. He was an alternate member of the 14th Central Committee of the Chinese Communist Party, and a full member of the 15th,

16th 16 (sixteen) is the natural number following 15 and preceding 17. 16 is a composite number, and a square number, being 42 = 4 × 4. It is the smallest number with exactly five divisors, its proper divisors being , , and . In English speech, ...

and 17th Central Committees.

References

, - {{DEFAULTSORT:Dai, Xianglong Living people 1944 births Agricultural Bank of China people Businesspeople from Jiangsu Central University of Finance and Economics alumni Governors of the People's Bank of China Mayors of Tianjin People from Yangzhou People's Republic of China politicians from Jiangsu