Yi Gang re -elected as the central bank governors analysis: It shows that Beijin

(Beijing Comprehensive News) Yi Gang, the President of the People's Bank of China, who has retired age, has been in charge of his position, which is unexpected.The analysis believes that Yi Gang's re -election shows that China's officials intend to maintain policy coherence in the financial economy, and release a positive signal of steady stable financial reforms and stabilize market confidence.

The Fifth plenary session of the First Session of the 14th National People's Congress of China Sunday (March 12)The new ministers, the director of the committees of the new State Council, the director of the committees, the president of the committees, the president of the Central Bank of China, the director of the audit, and the secretary general.Yi Gang was in favor of 2944 votes, opposed one vote, one vote abandoned, and re -elected as the President of the People's Bank of China.

Yi Gang is neither a member of the 20th Central Committee of the Communist Party of China nor the representative of the 14th National People's Congress. In addition, he has reached the retirement age of 65 -year -old officials.Yi Gang was elected as executive member of the 14th National Committee of the CPPCC on March 10.

Yi Gang has been deeply cultivated at the central bank for more than 25 years.Since he joined his post in 1997, he has served as the director of the Central Bank Monetary Policy Department, the director of the State Administration of Foreign Exchange, and has served as the vice president since 2007, and replaced Zhou Xiaochuan as the president in 2018.

Finance Minister Liu Kun Minister Wang Wentao also re -elected

Before entering the central bank, Yi Gang also made a achievement in the economics community.After graduating from the Department of Economics of Peking University in 1980, he studied in business management and economics at Hamlin University and Elino University in Hamlin University in the United States. He obtained a doctorate in economics and taught for eight years in the United States.After he returned to China in 1994, he formed the China Economic Research Center of Peking University with well -known economist Lin Yifu and others, and taught at Peking University for three years.

Comprehensive Reuters and Bloomberg Economist analyzed that Chinese officials choose to face many risks in economic growth. The financial regulatory field will implement reform at the moment, allowing Yi Gang, a technical official with rich experience, and help stabilize the market.confidence.In addition to Yi Gang, the Chinese Minister of Finance Liu Kun and the Minister of Commerce Wang Wentao were also re -elected.

Zhang Zhiwei, chief economist of Shanghai Baoyin Asset Management Co., Ltd. said that the staying of these senior financial experts is a surprise for market confidence.He believes that the economic prospects at home and abroad are full of challenges. At this time, it is a "pragmatic choice" to maintain the stability of leadership in the economy and financial fields.

Dong Ximiao, chief researcher at Zhaolian Financial, believes that Yi Gang's stay in office will help maintain the stability and continuity of monetary policy. It can also better implement the reform plan of the State Council's institutional institution and coordinate and promote the reform of the central bank branch.