The official website of the State Council announced that the State Council appointed Zhang Qingsong, president of the State Council, as the vice president of the People's Bank of China.
Public resumes show that Zhang Qingsong, 57, graduated from the Central Bank's graduate department, obtained a master's degree in economics, and then joined the Bank of China.Director of the Financial Marketing Department, Director of Financial Market Headquarters, General Manager of Financial Market Headquarters, General Manager of the Hong Kong Trading Center (Hong Kong Branch), General Manager of Singapore Branch, and General Manager of Payment of Payment and Clear Department.
In November 2016, Zhang Qingsong was promoted to the Vice President of Bank of China. In August 2018, he served as the President of the Import and Export Bank, and in November 2019 as the president of the Agricultural Bank of China.
The 21st Century Business Herald has reported that during Zhang Qingsong's tenure, the scale of the total assets of the Agricultural Bank of China increased from 2.488 trillion yuan at the end of 2019 (RMB, the same below, about 5.05 trillion yuan) to 291,000 at the end of 2021E00 million yuan, during the same period, increased from 1.3.36 trillion yuan to 1.7.18 trillion yuan, county loan balance increased to 6.2 trillion yuan, and the deposit scale increased from 1.854 trillion yuan to 2.191 trillion yuan.
This new performance means that Zhang Qingsong first entered the regulatory authorities from financial institutions.
