Governor of the People's Bank of China
| Governor of the People's Bank of China | |
|---|---|
| 中国人民银行行长 | |
| People's Bank of China | |
| Status | Provincial and ministerial-level official |
| Member of | Plenary Meeting of the State Council |
| Seat | Beijing |
| Nominator | Premier (chosen within the Chinese Communist Party) |
| Appointer | President with the confirmation of the National People's Congress or its Standing Committee |
| Inaugural holder | Nan Hanchen |
| Formation | 1 October 1949 |
| Deputy | Deputy Governor of the People's Bank of China |
.svg){kind=link}
| Governor of the People's Bank of China | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 中国人民银行行长 | ||||||
| |||||||
| China portal |
_cap_insignia.svg){kind=link}
.png){kind=link}
The governor of the People's Bank of China is the head of the People's Bank of China and one of the country's key economic decisionmakers. Officially, the governor is nominated by the premier of the State Council, who is then approved by the National People's Congress or its Standing Committee and appointed by the president.
The governor post is not necessarily held concurrently with the Chinese Communist Party (CCP) secretary of the PBC. The CCP committee secretary is the most powerful position in the bank and can hold more sway than the governor. The current PBC governor Pan Gongsheng holds both posts. The governor also chairs the PBC Monetary Policy Committee, an advisory body that typically includes the directors and deputy directors of other financial agencies, as well as a few influential academic economists.
The current governor is Pan Gongsheng, who concurrently serves as the Chinese Communist Party (CCP) committee secretary of the PBC.