Cadre Personnel Management and the Central–Local Relations of China’s Financial Governance: The Rise of ‘Airlifted’ Vice-Provincial Governors in Financial Affairs

Figures & data

Table 1. Airlifted Vice-Provincial Governors in Financial Affairs under Xi’s Administration

Name	Time	Career Backgrounds	Pre-Airlifting Position	Post-Airlifting Position
TU Guangshao 屠光绍	2007/12	PBOC; CSRC; SSE	Vice-Chairman & Party Committee Member of CSRC	PSC Member, Executive Vice-Mayor, & Party Group Deputy Secretary of Shanghai
ZHU Congjiu 朱从玖	2012/05	PBOC; CSRC; SSE	Chairman Assistant & Party Committee Member of CSRC	Vice-Governor & Party Group Member of Zhejiang
YAN Qingmin 阎庆民	2014/12	PBOC; SAFE; CBRC	Vice-Chairman & Party Committee Member of CBRC	Vice-Mayor of Tianjin
ZHU Hexin 朱鹤新	2016/06	BoCOM; BOC	Vice-President, Executive Director of the Board & Party Committee Member of BOC	Vice-Governor & Party Group Member of Sichuan
LIU Guiping 刘桂平	2016/06	ABC; CIC	Vice-President & Party Committee Member of CIC	Vice-Mayor & Party Group Member of Chongqing
TONG Daochi 童道驰	2016/12	World Bank; CSRC; MoC; State Council	Minister Assistant and Party Group Member of MoC	Vice-Governor of Hubei
DING Xiangqun 丁向群	2017/06	ABC; BOC; China Taiping Insurance; CDB	Vice-President & Party Committee Member of CDB	Vice-Chairman & Party Group Member of Guangxi
WANG Jiang 王江	2017/07	CCB; BoCOM	Vice-President & Party Committee Member of BoCOM	Vice-Governor & Party Group Member of Jiangsu
WU Qing 吴清	(2010/11) 2017/12	CSRC; Shanghai Hongkou District; SSE	Chairman & Party Secretary of SSE	PSC Member, Executive Vice-Mayor & Party Group Deputy Secretary of Shanghai
OUYANG Weimin 欧阳卫民	(2011/08) 2018/01	PBOC; Guangzhou Municipal Government	Deputy Party Secretary, Vice-Mayor & Party Group Deputy Secretary of Guangzhou	Vice-Governor & Party Group Member of Guangdong
YIN Yong 殷勇	2018/01	SAFE; CIC; PBOC	Vice-Chairman & Party Committee Member of PBOC	PSC Member, Vice-Mayor & Party Group Member of Beijing
KANG Yi 康义	2018/01	CCB; ABC	Vice-President & Party Committee Member of ABC	Vice-Mayor & Party Group Member of Tianjin
LIU Qiang 刘强	2018/09	ABC; BOC	Vice-President & Party Committee Member of BOC	Vice-Governor & Party Group Member of Shandong
LI Yunze 李云泽	2018/09	CCB; ICBC	Vice-President & Party Committee Member of ICBC	PPSC Member, Vice-Governor & Party Group Deputy Secretary of Sichuan
GUO Ningning 郭宁宁	2018/10	BOC; ABC	Vice-President, Executive Director of the Board & Party Committee Member of ABC	PPSC Member, Executive Vice-Governor & Party Group Deputy Secretary of Fujian
WU Wei* 吴伟	2019/07	PBOC; BoCOM	Vice-President, Executive Director of the Board & Party Committee Member of BoCOM	PPSC Member, Executive Vice-Governor & Party Group Deputy Secretary of Shanxi
ZHANG Lilin* 张立林	2019/07	ABC; CCB	Vice-President & Party Committee Member of CCB	PPSC Member, Vice-Governor & Party Group Member of Liaoning
TAN Jiong 谭炯	2019/09	BOC; ICBC	Vice-President, Executive Director of the Board & Party Committee Member of ICBC	PPSC Member, Vice-Governor & Party Group Member of Guizhou
GE Haijiao 葛海蛟	2019/09	ABC; China Everbright Bank/Group	President of China Everbright Bank; Executive Director of the Board & Party Committee Member of Everbright Group	PPSC Member, Executive Vice-Governor & Party Group Deputy Secretary of Hebei
LI Bo 李波	2019/09	Davis Polk & Wardwell LLP; PBOC; ACFROC	Vice-Chairman & Party Group Member of ACFROC	Vice-Mayor & Party Group Member of Chongqing
CAI Dong* 蔡东	2019/10	ICBC; CDB; ABC	Vice-President, Executive Director of the Board & Party Committee Member of ABC	PPSC Member, Executive Vice-Governor & Party Group Deputy Secretary of Jilin
HUANG Zhiqiang* 黄志强	2019/12	BOC; Sinosure; China CITIC Group	Vice-President & Party Committee Member of China CITIC Group	PPSC Member, Executive Vice-Chairman & Party Group Deputy Secretary of Inner Mongolia
ZHANG Xin* 张新	2020/01	World Bank; CSRC; PBOC; SAFE	Deputy Director & Party Group Member of SAFE	Vice-Governor & Party Group Member of Guangdong
MA Xin* 马欣	2020/04	CDB	Vice-President & Party Committee Member of CDB	PPSC Member, Vice-Governor & Party Group Deputy Secretary of Jiangsu
NING Yong 宁咏	2021/02	China Everbright Bank/Group; Export-Import Bank of China	Vice-President & Party Committee Member of Export-Import Bank of China	Vice-Governor & Party Group Member of Hubei
CAI Yunge 蔡允革	2021/03	PBOC; CBRC; State Council; Guangdong DRC; China Everbright Bank/Group	Chairman of the Supervisory Board & Deputy Party Secretary of BoCOM	Vice-Mayor & Party Group Member of Chongqing
LIU Guiping* 刘桂平	2022/04	see above	Vice-President & Party Committee Member of PBOC	PSC Member, Executive Vice-Mayor, Party Group Deputy Secretary of Tianjin
WANG Hao* 王浩	2022/07	CCB	Vice-President & Party Committee Member of CCB	Vice-Governor & Party Group Member of Yunnan
ZHANG Yanyun* 张雁云	(2016/08) 2022/11	CIRC; Zhejiang Provincial Government	Head & Party Group Secretary of Zhejiang Provincial Financial Supervision and Administration Bureau	Vice-Governor & Party Group Member of Zhejiang
ZHANG Min* 张敏	2023/01	CCB	Vice-President & Party Committee Member of CCB	PPSC Member, Vice-Governor & Party Group Member of Henan
CHEN Huaiyu* 陈怀宇	2023/01	BOC	Vice-President of BOC	Vice-Governor & Party Group Member of Hainan
LI Jun* 李钧	2024/01	ABC; ADBC; Export-Import Bank of China	Vice-President, Executive Director of the Board & Party Committee Member of Export-Import Bank of China	Vice-Governor & Party Group Member of Shaanxi

Sources: Government Gazettes and Websites, Corporate Websites, and China’s Official Media.

(1) Abbreviations are as follows: Party Standing Committee (PSC); People’s Bank of China (PBOC); China Securities Regulatory Commission (CSRC); China Banking Regulatory Commission (CBRC); China Insurance Regulatory Commission (CIRC); State Administration of Foreign Exchange (SAFE); Shanghai Stock Exchange (SSE); Industrial and Commercial Bank of China (ICBC); China Construction Bank (CCB); Bank of China (BOC); Agricultural Bank of China (ABC); Bank of Communications (BoCOM); China Development Bank (CDB); Agricultural Development Bank of China (ADBC); China Investment Corporation (CIC); Ministry of Commerce (MoC); All-China Federation of Returned Overseas Chinese (ACFROC); Development and Reform Commission (DRC).

(2) Timing of earlier airlifting appointments to sub-provincial leadership is given in brackets.

(3) * denotes that the leader is still on the vice-provincial governorship in financial affairs by May 2024.