Shang Fulin (; November 13, 1951 - ) is a politician of the

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...

. He served as president of the

China Securities Regulatory Commission The China Securities Regulatory Commission (CSRC) is a government ministry of the State Council of the People's Republic of China (PRC). It is the main regulator of the securities industry in China. History China's first Securities Law was ...

until October, 2011, when he was appointed to lead 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 ...

Biography

Shang was born in

Jinan Jinan (), Postal Map Romanization, alternately romanization of Chinese, romanized as Tsinan, is the Capital (political), capital of Shandong province in East China, Eastern China. With a population of 9.2 million, it is the second-largest city i ...

Shandong Shandong ( , ; ; Chinese postal romanization, alternately romanized as Shantung) is a coastal Provinces of China, province of the China, People's Republic of China and is part of the East China region. Shandong has played a major role in His ...

. He served in the army from 1969 to 1973, and 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 Ci ...

in July 1971. From 1973 to 1978, he served in

Beijing } Beijing ( ; ; ), Chinese postal romanization, alternatively romanized as Peking ( ), is the Capital city, capital of the China, People's Republic of China. It is the center of power and development of the country. Beijing is the world's Li ...

Yingtaoyuan branch of

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 ...

. Shang studied at Beijing Institute of Finance and Trade from 1978 to 1982, and he holds a Ph.D. in Finance from

Southwestern University of Finance and Economics The Southwestern University of Finance and Economics (SWUFE; ) is a public research university in Chengdu, Sichuan, China. The university is affiliated to the Ministry of Education, and co-funded by the ministry and the Sichuan Provincial Peopl ...

. From 1982 to 1990, he served in the general planning section of the headquarters of People's Bank of China. In 1994, he became the president assistant of the Bank, and was promoted to vice president of the Bank in April 1996, responsible for monetary policy and liquidity. In July 1997, Shang was elected a member of monetary policy commission of the People's Bank of China. In February 2002, he was appointed as the president of

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, ...

. Since December 27, 2002, Shang has succeeded

Zhou Xiaochuan Zhou Xiaochuan () (born 29 January 1948) is a retired Chinese economist, banker, reformist and bureaucrat. Zhou served as the Governor of the People's Bank of China from 2002 to 2018. In 2001, his policies led to a stock crash, forcing him to re ...

and served as the president and the Party chief of

. Shang was an alternate member of 16th Central Committee of the Communist Party of China, and was a full member of 17th and 18th Central Committees of the Communist Party.

References

1951 births Living people People's Republic of China politicians from Shandong Chinese Communist Party politicians from Shandong Politicians from Jinan Southwestern University of Finance and Economics alumni Agricultural Bank of China people {{china-politician-stub