Saturday (July 1) of the People's Bank of China on Saturday (July 1)The Leading Cadre Conference announced that Pan Gongsheng, deputy president of the Bank of China and director of the State Administration of Foreign Exchange, appointed the Party Secretary of the People's Bank of China.

According to the news released by the Central Bank of China website, the Central Organization Department also announced that it eliminates the position of Guo Shuqing's party secretary of the People's Bank of China and the deputy secretary of the Party Committee of the People's Bank of China.

Hong Kong media and the US media quoted sources on the same morning that Pan Gongsheng may take over Yi Gang as the president of the Central Bank of China.The report also mentioned that this unexpected appointment did not decide until last week.In the end, Pan Gongsheng was finalized because his international background can be easier to cooperate with the governor of the world.

Pan Gongsheng, 60, is a doctor of economics in Anhui and Renmin University of China. He has also engaged in research at the University of Cambridge and Harvard University in the United States.

Pan Gongsheng was born in Industrial and Commercial Bank of China. He used to be the deputy president of Shenzhen Branch, director of the Office of the Board of Directors of the head office, and general manager of the strategic management and investment relationship.In 2008, he was transferred to the Vice President of the Agricultural Bank of China. In June 2012, he was transferred to the Vice President of the People's Bank of China. He has been the deputy governor of the Bank of China for 10 years and has rich financial management experience.