Liu Mingkang
{{Short description|Chinese politician, public servant and economist}}
{{like resume|date=July 2024}}
{{BLP sources|date=October 2016}}{{family name hatnote|Liu|lang=Chinese}}{{Infobox person
| name = Liu Mingkang
| image = Liu Mingkang - Annual Meeting of the New Champions Tianjin 2008.jpg
| native_name = 刘明康
| native_name_lang = zh
| birth_date = {{Birth date and age|1946 |08|28}}
| birth_place = Fuzhou, Fujian
| education = University of London
| years_active =
| known_for = Economic reformist
Politician
Public Servant
}}
Liu Mingkang ({{zh|t=|s=刘明康|p=}}) (born August 28, 1946 in Fuzhou, Fujian) is a Chinese former politician, public servant and economist. He graduated from the University of London in 1987.{{cn|date=July 2024}} In 1988, he received an MBA from the Cass Business School.{{cn|date=July 2024}} He served as chairman of the China Banking Regulatory Commission 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 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.Marsh, David, [http://www.marketwatch.com/story/chinas-financial-markets-awaken-west-take-note-2012-04-09 "China's financial markets awaken: West take note"], MarketWatch, April 9, 2012. Retrieved 2012-04-10.
Early life
Liu grew up in Shanghai after completing high school in 1965.{{Cite book|title=Dealing with China - An insider unmasks the new economic super power|last=Paulson|first=Henry Merritt Jr.|publisher=Twelve - Hachette Book Group|year=2015|isbn=9781455577705|location=New York|pages=149}} He was sent to do manual labour at a farm in Jiangsu 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.{{Cite web|url=http://www.asian-affairs.com/biographies/liumingkangcv.html|title=Liu Mingkang cv|website=www.asian-affairs.com|access-date=2019-01-15}}
Career highlights
- 2011–present BCT Distinguished Research Fellow of the Institute of Global Economics and Finance, The Chinese University of Hong Kong[http://www.igef.cuhk.edu.hk/index.php/en/people/professor-liu-mingkang/biography "Professor Liu Mingkang - BCT Distinguished Research Fellow"] {{Webarchive|url=https://web.archive.org/web/20121026144423/http://www.igef.cuhk.edu.hk/index.php/en/people/professor-liu-mingkang/biography |date=2012-10-26 }}, bio, 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[http://www.fungglobalinstitute.org/people/liu-mingkang.html "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{{cite web|url=http://www.ft.com/intl/cms/s/0/c9008df2-0249-11e1-ab83-00144feabdc0.html#axzz1cOaX9kUZ |title=China names new financial regulators | Financial Times|publisher=FT.com| date=2011-10-30}}
- 2002—2007 Alternate Member, 16th CPC, Central Committee{{Cite web|url=http://politics.people.com.cn/GB/shizheng/252/9667/9683/6592152.html|title = 人民网--404页面}}
- 2000—2003 Chairman of Bank of China
- 1999–2000 Chairman of China Everbright Group
- 1998—1999 Deputy Governor, People's Bank of China, vice-chairman of Monetary Policy Department
- 1994–1998 Deputy Governor China Development Bank
- 1993–1994 Deputy Governor and Secretary-General of Fujian Provincial People's Government
- 1988–1993 Deputy Governor (later Governor) of Bank of China Fujian Province branch
References
{{Reflist|30em}}
Additional References
- [https://web.archive.org/web/20080206160310/http://www.cbrc.gov.cn/english/info/yjhjj/index_ld_lmk.jsp Liu Mingkang - China Banking Regulatory Commission]
- [http://www.chinavitae.com/biography/Liu_Mingkang|500 China Vitae : Biography of Liu Mingkang]
- [http://www.asian-affairs.com/biographies/liumingkangcv.html Liu Mingkang cv]
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{{DEFAULTSORT:Liu, Mingkang}}
Category:Alumni of the University of London
Category:Alumni of Bayes Business School
Category:People's Republic of China politicians from Fujian
Category:Political office-holders in Fujian
Category:Chinese Communist Party politicians from Fujian
Category:Politicians from Fuzhou
Category:China Everbright Group people