Pan Gongsheng (; born July 8, 1963) is a Chinese

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

and politician who is the current

Chinese Communist Party Committee Secretary A Party Committee Secretary () is the leader of the Chinese Communist Party (CCP) organization in a province, city, village, or other administrative unit. In most cases, it is the ''de facto'' highest political office of its area of jurisdictio ...

and

governor A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...

of the

People's Bank of China The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the ''PRC People's Bank Law'' and the ''PRC Commercia ...

(PBC). He served as the Director of the

State Administration of Foreign Exchange The State Administration of Foreign Exchange (SAFE) of the People's Republic of China is an administrative agency under the State Council tasked with drafting rules and regulations governing foreign exchange market activities, and managing the ...

from 2016 to 2023. At the PBC, he has worked on the

monetary policy Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives like high employment and price stability (normally interpreted as a low and stable rat ...

of China.

Education

Pan received his Ph.D. in economics from

Renmin University of China The Renmin University of China (RUC) is a public university in Haidian, Beijing, China. The university is affiliated with the Ministry of Education, and co-funded by the Ministry of Education and the Beijing Municipal People's Government. The ...

. He did his post-doctoral research at

Cambridge University The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209, the University of Cambridge is the List of oldest universities in continuous operation, wo ...

and was a research fellow at

Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...

.http://www.pbc.gov.cn/english/130715/130839/index.html

Career

Commercial Banking

Pan was Vice President of Agricultural Bank of China from 2008-2010. Prior to Agricultural Bank Pan worked at Industrial and Commercial Bank of China in a number of positions.

People's Bank of China

In 2012, Pan joined the People's Bank of China as Deputy Governor, and later assumed leadership of

, as its administrator. Pan leads Leading Group of Internet Financial Risks Remediation, which has been tasked with clamping down on

Bitcoin Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under ...

and

cryptocurrency A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership record ...

in China. He is also a member of the Academic Committee of the

China Finance 40 Forum The China Finance 40 Forum or CF40 is a Chinese think tank created in 2008 which specializes on issues of economic and financial policy. In January 2021, the University of Pennsylvania's Think Tanks and Civil Societies Program ranked CF40 as #8 to ...

(CF40). In July 2023, he was appointed as the secretary of the People's Bank of China Committee of the Chinese Communist Party, succeeding

Guo Shuqing Guo Shuqing (; born 23 July 1956) is a Chinese politician, banker, and financial regulator. He is the chairman of the China Banking and Insurance Regulatory Commission. Guo spent most of his career in the finance industry. He was the Governor a ...

. In 2023, Pan was appointed as the Governor of the

People’s Bank of China The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the ''PRC People's Bank Law'' and the ''PRC Commercia ...

References

{{DEFAULTSORT:Pan, Gongsheng 1963 births 21st-century Chinese economists Renmin University of China alumni Living people Agricultural Bank of China people Industrial and Commercial Bank of China people Economists from Anhui Businesspeople from Anhui People's Republic of China politicians from Anhui Chinese Communist Party politicians from Anhui Alternates of the 19th Central Committee of the Chinese Communist Party