Hu Sheng-cheng (; 5 August 1940 – 10 July 2018) was a Taiwanese economist. He led the

Council for Economic Planning and Development The Council for Economic Planning and Development (CEPD; ) was a government agency responsible for drafting overall plans for national economic development in Taiwan (ROC). It also assessed development projects, proposals and programmes submitted ...

from 2004 to 2007 and the Financial Supervisory Commission from 2007 to 2008.

Academic career

Hu studied economics at the

University of Rochester The University of Rochester (U of R, UR, or U of Rochester) is a private research university in Rochester, New York. The university grants undergraduate and graduate degrees, including doctoral and professional degrees. The University of ...

in the United States, where he earned a Ph.D, after having graduated from

National Taiwan University National Taiwan University (NTU; ) is a public research university in Taipei, Taiwan. The university was founded in 1928 during Japanese rule as the seventh of the Imperial Universities. It was named Taihoku Imperial University and served d ...

in 1962. He remained in the United States, and began a teaching career at

Purdue University Purdue University is a public land-grant research university in West Lafayette, Indiana, and the flagship campus of the Purdue University system. The university was founded in 1869 after Lafayette businessman John Purdue donated land and ...

in 1968. While working in the U.S., Hu authored a pair of reports to the

Social Security Administration The United States Social Security Administration (SSA) is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability and survivor benefits. To qualify f ...

. Hu returned to Taiwan in 1996, teaching at NTU and holding a concurrent appointment at the

Academia Sinica Academia Sinica (AS, la, 1=Academia Sinica, 3=Chinese Academy; ), headquartered in Nangang, Taipei, is the national academy of Taiwan. Founded in Nanking, the academy supports research activities in a wide variety of disciplines, ranging fro ...

until 2001.

Political career

Hu was appointed a minister without portfolio by premier

Chang Chun-hsiung Chang Chun-hsiung (), (born 23 March 1938) is a Taiwanese politician. He is a former Premier of the Republic of China. Chang was appointed to two separate terms as Premier, both under Chen Shui-bian. His appointment by then-President Chen in 200 ...

in 2001 and had oversight of financial policies. Hu was retained by Chang's successor

Yu Shyi-kun You Si-kun (; born 25 April 1948), also romanized Yu Shyi-kun, is a Taiwanese politician serving as a member and the president of the Legislative Yuan. He was one of the founding members of the Democratic Progressive Party (DPP), and is know ...

when Yu took office in February 2002. Later that year, Yu initiated a six-year development plan devoted to promotion of environmentally friendly industries. He placed Hu in charge of research and development, high value-added industry, and the establishment of an operation center. Upon the resignation of finance minister

Lee Yung-san Lee may refer to: Name Given name * Lee (given name), a given name in English Surname * Chinese surnames romanized as Li or Lee: ** Li (surname 李) or Lee (Hanzi ), a common Chinese surname ** Li (surname 利) or Lee (Hanzi ), a Chinese s ...

in November, Hu was considered a potential successor. In 2004, he was named the head of the

, in addition to his duties as minister without portfolio. After the resignation of

Shih Jun-ji Shih Jun-ji (; born 10 August 1955) is a Taiwanese economist. He served as the second chairman of the Financial Supervisory Commission from 2006 to 2007 after Kong Jaw-sheng was removed from office. Shih served concurrently as Governor of Taiwa ...

in January 2007, Hu was selected to chair the Financial Supervisory Commission. He stepped down in July 2008, and was replaced by Gordon Chen. Hu later returned to the

as a research fellow. He was an adviser to

Wellington Koo Koo Vi Kyuin (; January 29, 1888 – November 14, 1985), better known as V. K. Wellington Koo, was a statesman of the Republic of China. He was one of Republic of China's representatives at the Paris Peace Conference of 1919. Wellington Koo ...

's 2014 Taipei mayoral campaign. In August 2016, Hu assumed the chairmanship of the

Chung-Hua Institution for Economic Research The Chung-Hua Institution for Economic Research (CIER; ) is a Taiwan-based international policy think tank for economic and industry-related research. It conducts both public research and fee-supported research. History After the ending of di ...

. He fell ill that same year, and died of pulmonary calcification at

National Taiwan University Hospital The National Taiwan University Hospital (NTUH; ) is a medical facility located in the Zhongzheng District of Taipei, Taiwan. It started operations under Japanese rule in Daitōtei (today's Dadaocheng) on 18 June 1895, and moved to its present ...

on 10 July 2018, aged 77.

References

{{DEFAULTSORT:Hu, Sheng-cheng 1940 births 2018 deaths 20th-century Taiwanese economists University of Rochester alumni National Taiwan University faculty Government ministers of Taiwan Purdue University faculty National Taiwan University alumni Politicians of the Republic of China on Taiwan from Yilan County, Taiwan 21st-century Taiwanese economists