Wang Hongzhang (; born July 1954) is a Chinese economist and banker who served as party boss and chairman of

China Construction Bank China Construction Bank Corporation (CCB) is one of the " big four" banks in China. In 2015, CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic bra ...

, one of the " big four" banks in China. Wang was an alternate member of the

18th Central Committee of the Communist Party of China The 18th Central Committee of the Chinese Communist Party was elected by the 18th National Congress on 15 November 2012, and sat in plenary sessions until the communing of the 19th National Congress in 2017. It was formally proceeded by the 17t ...

. He was a delegate to the 10th National People's Congress and a member of the

17th Central Commission for Discipline Inspection The 17th Central Commission for Discipline Inspection (CCDI) was elected at the 17th National Congress of the Chinese Communist Party on 21 October 2007. Its 1st Plenary Session elected the Secretary, deputy secretaries and the 17th Standing Com ...

Life and career

Wang was born in

Changtu County Changtu County () is a county in the northeast of Liaoning province, China, bordering Jilin to the northeast and Inner Mongolia in the northwest. It is under the administration of Tieling City, the downtown of which lies to the south-southwest, ...

in northeast China's

Liaoning Liaoning () is a coastal province in Northeast China that is the smallest, southernmost, and most populous province in the region. With its capital at Shenyang, it is located on the northern shore of the Yellow Sea, and is the northernmost ...

province, in July 1954. He entered the work force in December 1971, during the

Cultural Revolution The Cultural Revolution, formally known as the Great Proletarian Cultural Revolution, was a sociopolitical movement in the People's Republic of China (PRC) launched by Mao Zedong in 1966, and lasting until his death in 1976. Its stated goal ...

, as a

sent-down youth The sent-down, rusticated, or "educated" youth (), also known as the ''zhiqing'', were the young people who—beginning in the 1950s until the end of the Cultural Revolution, willingly or under coercion—left the urban districts of the ...

in Jinxi County (now

Huludao Huludao (), formerly known as Jinxi () until 1994, is a coastal prefecture-level city in southwestern Liaoning province, People's Republic of China. Its name literally means "Gourd Island", referring to the fiddle-shaped contour of the peninsu ...

). He joined the

Communist Party of China 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 ...

in June 1974. He entered

Liaoning Finance and Trade College Liaoning Finance and Trade College (), formerly known as Shenyang Shifan University Bohai College, is a small, partially walled private undergraduate college located on the Liaodong Bay of the Bohai coast in Xingcheng, southwest of Huludao in Liao ...

in October 1975, majoring in finance, and graduated in September 1978. He later studied at

Central Party School of the Communist Party of China The Central Party School of the Chinese Communist Party (), commonly known as the Central Party School (), located in Beijing, is the higher education institution which trains Chinese Communist Party (CCP) cadres. As of 2012, it has around 1,60 ...

and

Dongbei University of Finance and Economics Dongbei University of Finance & Economics (DUFE; ; ''Dongbei'' means Northeast) is a public university in Dalian, Liaoning province, Northeast China. Home to over 20,000 students, it is one of the oldest and largest modern universities in Dali ...

as a part-time student. After graduation he was assigned to

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 ...

, where he worked until March 1984, when he was transferred to

Industrial & Commercial Bank of China Industrial and Commercial Bank of China Limited (ICBC; ) is a Chinese multinational bank. Founded as a limited company on 1 January 1984, ICBC is a state-owned commercial bank. With capital provided by the Ministry of Finance of China, the b ...

(ICBC). In November 2003 he was promoted to become head of the Commission for Inspecting Discipline of People's Bank of China, and named a member of CPC Committee, he held that office until November 2011. In November 2011, he was appointed party secretary and chairman of

, replacing

Guo Shuqing Guo Shuqing (; born 23 July 1956), also spelled as Kuo Shu-ching is a Chinese politician, banker, and financial regulator. He is currently serving as the chairman of the China Banking and Insurance Regulatory Commission. Guo spent most of his c ...

References

{{DEFAULTSORT:Wang, Hongzhang 1954 births People's Republic of China economists Living people Liaoning Finance and Trade College alumni Dongbei University of Finance and Economics alumni Central Party School of the Chinese Communist Party alumni Politicians from Tieling Chinese bankers Alternate members of the 18th Central Committee of the Chinese Communist Party Industrial and Commercial Bank of China people China Construction Bank people Economists from Liaoning Businesspeople from Liaoning People's Republic of China politicians from Liaoning Chinese Communist Party politicians from Liaoning