Li Bo, vice president of the People's Bank of China, was nominated as the vice president of the International Monetary Fund (IMF) vice presidentIt is expected to go to the United States in August this year, becoming the third vice president of Chinese IMF in history.This was also three months after being transferred to Chongqing, the former deputy mayor of Chongqing had a job change in the second degree.
According to the press release issued by the official website of the IMF, Bulgarian IMF president Georkiyeva announced on Monday (28th) on Washington, USA, allowing Li Bo to replace Zhang Tao who expired for the five -year term.Li Bo's term will take effect the next day Zhang Tao's office will take effect the next day.
Georgieva said in the statement that Li Bo has rich experience in the central bank and law.The design and implementation actively play a positive role.
According to the IMF regulations, the candidate nominated by the president must also be approved by the IMF Executive Board.Once this personnel appointment is approved, Li Bo will become one of the four vice presidents of IMF.The highest management model of the IMF tradition is "one Zhengsan and three deputies", but in July 2011, a fourth vice president position was added and the first Chinese executive Zhu Min was added. This 66 -year practice was also broken.
Li Bo, 49 years old, is a native of Chongqing Rongchang and a US return overseas Chinese. He has a doctorate degree in economics from Stanford University and a doctorate degree in law.EssenceAfter returning to China in 2004, he joined the central bank for 14 years. During his period, he served as senior positions including the director of the Monetary Policy Department. Until August 2018, he served as the vice chairman of the Chinese Overseas Chinese Federation and was promoted to deputy ministerial officials.
In September of Li Bo, Chongqing was the deputy mayor in September the previous year, in charge of financial development and supervision, foreign trade and attracting foreign capital, as well as the strategic interconnection demonstration project of China -Singapore (Chongqing).One and a half years after the deputy mayor of the financial finance, Li Bo resigned at the end of March this year. He returned to the central bank to serve as the vice president every other month.One positive and five vice. "At that time, some analysts believed that Li Bo was likely to perform his duties after a brief transition from the central bank.
High background experience with the previous two Chinese IMF Vice President
Li Bo is similar, Not only have the overseas learning background, but also the work experience of international financial institutions, but also has an international perspective, and has research on macro policies, international economy, and policy formulation.Before Zhu Min and Zhang Tao were appointed as Vice President of the IMF, they were also promoted as Vice President of the People's Bank of China.
Yao Shujie, a professor of economics at Chongqing University and a lecturer at Ningbo Nottingham University Lecture University, said in an interview with Lianhe Morning Post that China as the world's second largest economy and sent senior management personnel to international organizations to form a trend in recent years.Li Bo is born in the science class, and has a deep understanding of the central and local economic and financial. It has strong foreign language skills and rich resumes. "It is also a better candidate to be the vice president of the IMF."China is currently the third largest shareholder of IMF, ranking second only to the United States and Japan.
Li Bo has not been disclosed in the area where Li Bo is the vice president of the IMF.The work of the first two Chinese IMF vice presidents is almost the same, and the IMF business of about 90 countries is divided; policy issues related to anti -money laundering, climate change, and fintech.
As the deputy mayor of Chongqing, Li Bo has promoted the construction of Chongqing's construction financial center, developing green finance, and expanding financial opening to the outside world.Continue to promote financial development.
Yao Shujie's analysis, Li Bo's main responsibility will be to assist the IMF President of managing global financial stability and financial debt in poor developed countries. IMF is difficult to exert its influence on the financial development of Chinese provinces and cities. "His responsibilities have nothing to do with Chongqing. "
