Liu Mingkang () (born August 28, 1946 in

Fuzhou Fuzhou (; , Fuzhounese: Hokchew, ''Hók-ciŭ''), alternately romanized as Foochow, is the capital and one of the largest cities in Fujian province, China. Along with the many counties of Ningde, those of Fuzhou are considered to constitute t ...

Fujian Fujian (; alternately romanized as Fukien or Hokkien) is a province on the southeastern coast of China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, Guangdong to the south, and the Taiwan Strait to the east. Its capi ...

) is a former Chinese politician, public servant and economist from China. He graduated from the

University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degree ...

in 1987. In 1988 he received an MBA from the Cass Business School. He served as chairman of the China Banking Regulatory Commission from its creation in 2003 until he reached the retirement age of 65. During his tenure he was responsible for putting in place an effective regulatory structure which helped the Chinese banking system weather the global financial crisis and emerge relatively healthy and well capitalized. Liu told the

Boao Forum for Asia The Boao Forum for Asia (BFA; ), initiated by 25 Asian countries and Australia (increased to 28 in 2006), is a non-profit organisation that hosts high-level forums for leaders from government, business and academia in Asia and other continents to ...

in 2012 that liberalization of financial markets is "part of a package" in the latest Five-Year Plan for promoting domestic-driven growth and rebalancing exports and imports. The liberalization "is not a piecemeal approach, but part of a series of building blocks, he said", according to one report.

Early life

Liu grew up in Shanghai after completing high school in 1965. He was sent to do manual labour at a farm in Kiangsu province where he taught himself English studying old BBC textbooks and listening to VOA. In 1979, at age 29 he passed the civil service exam. Liu was influenced by Margaret Thatcher's privatisation in 1984 while serving at the Bank of China's branch in London. He subsequently earned an MBA from City University of London.

Career highlights

*2011–present BCT Distinguished Research Fellow of the Institute of Global Economics and Finance, The Chinese University of Hong Kong *Current, the first distinguished fellow of the Fung Global Institute, Hong Kong"Liu Mingkang: Distinguished Fellow"
bio, FGI web page. Retrieved 2012-04-10. *2007— Member, 17th CPC, Central Committee *Current member, China

National Energy Commission The National Energy Commission (NEC; ) is an interdepartmental coordinating agency of the People's Republic of China, State Council established in 2010 to coordinate the overall energy policies for the People's Republic of China. The body includes ...

*Current Vice Chairman of the Committee for Economic Affairs of the National Committee of the

Chinese People's Political Consultative Conference The Chinese People's Political Consultative Conference (CPPCC, zh, 中国人民政治协商会议), also known as the People's PCC (, ) or simply the PCC (), is a political advisory body in the People's Republic of China and a central part of ...

*2003—2011 Chairman, China Banking Regulatory Commission *2002—2007 Alternate Member, 16th CPC, Central Committee *2000—2003 Chairman of

Bank of China The Bank of China (BOC; ) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, repl ...

*1999–2000 Chairman of

China Everbright Group China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary (55.67 percent) of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake, which Central Huijin acquired on 8 December ...

*1998—1999 Deputy Governor, People's Bank of China, vice-chairman of Monetary Policy Department *1994–1998 Deputy Governor

China Development Bank The China Development Bank (CDB) () is a development bank in the People's Republic of China (PRC), led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. As one of three policy banks in China, it ...

*1993–1994 Deputy Governor and Secretary-General of *1988–1993 Deputy Governor (later Governor) of Bank of China Fujian Province branch

References

Additional References

Liu Mingkang - China Banking Regulatory CommissionChina Vitae : Biography of Liu Mingkang
{{DEFAULTSORT:Liu, Mingkang 1946 births Living people Alumni of the University of London Alumni of Bayes Business School People's Republic of China politicians from Fujian Political office-holders in Fujian Chinese Communist Party politicians from Fujian Politicians from Fuzhou China Everbright Group people Chinese bankers Officials of the People's Bank of China China Development Bank people