Liu Mingkang () (born August 28, 1946 in Fuzhou,

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 cap ...

) 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 Bayes Business School, formerly known as Cass Business School, is the business school of City, University of London, located in St Luke's, just to the north of the City of London. It was established in 1966, and it is consistently ranked as one ...

. He served as chairman of the

China Banking Regulatory Commission The China Banking Regulatory Commission (CBRC) was an agency of the People's Republic of China (PRC) authorised by the State Council to regulate the banking sector of the PRC except the territories of Hong Kong and Macau, both of which are spe ...

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 Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno ...

and emerge relatively healthy and well capitalized. Liu told the Boao Forum for Asia 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 *Current Vice Chairman of the Committee for Economic Affairs of the National Committee of the Chinese People's Political Consultative Conference *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 2 ...

*1998—1999 Deputy Governor,

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 ...

, vice-chairman of Monetary Policy Department *1994–1998 Deputy Governor China Development Bank *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