Wu Qing (born 1965)

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Wu Qing
吴清
Wu in 2024
Chairman of the China Securities Regulatory Commission
Assumed office
7 February 2024
PremierLi Qiang
Preceded byYi Huiman
Personal details
BornApril 1965 (age 58–59)
Mengcheng County, Anhui, China
Political partyChinese Communist Party
Alma materShanghai University of Finance and Economics
Chinese name
Simplified Chinese
Traditional Chinese

Wu Qing (Chinese: 吴清; born April 1965) is a Chinese politician currently serving as chairman of the China Securities Regulatory Commission, in office since 7 February 2024.[1] He is a representative of the 20th National Congress of the Chinese Communist Party and an alternate member of the 20th Central Committee of the Chinese Communist Party.

Early life and education[edit]

Wu was born in Mengcheng County, Anhui, in April 1965.

Career[edit]

Central government[edit]

After graduating from Shanghai University of Finance and Economics in 1987, he was despatched to the State Planning Commission (now National Development and Reform Commission) and later entered the China Securities Regulatory Commission. In 2005, he became director of the Risk Disposal Office. During his tenure, he had dealt with 31 non compliant securities companies and is known as the "Broker Butcher" (券商屠夫) in the securities industry.[2][3] In March 2009, he was transferred to the position of director of the Fund Supervision Department.

Shanghai[edit]

In November 2010, he was named acting governor of Hongkou District in Shanghai, confirmed in January 2011. He also served as deputy party secretary of the district. In July 2013, he rose to become party secretary, the top political position in the district.

In May 2016, he was appointed president and party secretary of the Shanghai Stock Exchange, a position at vice-ministerial level.[4]

In January 2018, he was made vice mayor of Shanghai and in September 2019 was admitted to member of the CCP Shanghai Municipal Committee, the city's top authority.[5] He also served as director of the Office for Promoting the Construction of Science and Technology Innovation Centers and director of the Zhangjiang Hi-Tech Park.[5] In December 2021, he was elevated to executive vice mayor.[6] On 21 July 2023, he was appointed deputy party secretary of Shanghai, in addition to serving as secretary of the Political and Legal Affairs Commission.[7]

Central government[edit]

On 7 February 2024, he was chosen as chairman of the China Securities Regulatory Commission, succeeding Yi Huiman.[8][9]

References[edit]

  1. ^ "New chief appointed for China Securities Regulatory Commission". xinhuanet.com. 7 February 2024. Retrieved 9 February 2024.
  2. ^ Chen Jing (陈靖) (7 February 2024). 吴清被任命为中国证监会新任主席,拥有丰富一线监管经验. sina (in Chinese). Retrieved 9 February 2024.
  3. ^ Zhao Juan (eeo.com.cn) (15 September 2010). http://www.eeo.com.cn/finance/funds/2010/09/15/180874.shtml. eeo.com.cn (in Chinese). Retrieved 9 February 2024.
  4. ^ Li Qiaoyu (李乔宇) (20 May 2016). 吴清接任上交所理事长 曾严打基金“老鼠仓”. sina (in Chinese). Retrieved 9 February 2024.
  5. ^ a b Yan Hongliang (闫宏亮) (4 September 2018). 上海市委领导迎来调整 已有两位"常委副市长". sina (in Chinese). Retrieved 9 February 2024.
  6. ^ Zhuang Yu (庄彧) (6 December 2021). 吴清任上海市常务副市长(图/简历). ce.cn (in Chinese). Retrieved 9 February 2024.
  7. ^ 吴清已任上海市委政法委书记. scol.com.cn (in Chinese). 22 August 2023. Retrieved 9 February 2024.
  8. ^ Frank Chen; Zhang, Shidong (7 February 2024). "China, wary of stock market downturn, appoints new regulatory chief". South China Morning Post. Retrieved 9 February 2024.
  9. ^ Joyce, Huang (8 February 2024). "China Appoints 'Broker Butcher' in Bid to Boost Struggling Stock Markets". voanews.com. Retrieved 9 February 2024.
Government offices
Preceded by Director of the Institutional Supervision Department of the China Securities Regulatory Commission
2002–2005
Succeeded by
Huang Hongyuan
New title Director of the Risk Disposal Office of Securities Companies under the China Securities Regulatory Commission
2005–2009
Preceded by
Li Zhengqiang
Director of the Fund Supervision Department of the China Securities Regulatory Commission
2009–2010
Succeeded by
Preceded by
Yu Beihua
Governor of Hongkou District
2010–2013
Succeeded by
Preceded by Executive Vice Mayor of Shanghai
2021–2023
Succeeded by
TBA
Preceded by Chairman of the China Securities Regulatory Commission
2024–present
Incumbent
Party political offices
Preceded by
Sun Jianping
Communist Party Secretary of Hongkou District
2013–2016
Succeeded by
Preceded by Secretary of the Political and Legal Affairs Commission of the Shanghai Municipal Committee of the Chinese Communist Party
2023–2024
Succeeded by
TBA
Deputy Communist Party Secretary of Shanghai
2023–2024
Succeeded by
TBA
Civic offices
Preceded by President of the Shanghai Stock Exchange
2016–2017
Succeeded by
Huang Hongyuan