Dai Xianglong
Dai Xianglong | |
|---|---|
| Born | October 1, 1944 Yizheng, Jiangsu Province, China |
| Occupation(s) | Politician, Economist |
| Years active | 1973–present |
| Known for | Governor of the People's Bank of China, Mayor of Tianjin, President and CCP party secretary of the National Council for Social Security Fund |
Dai Xianglong (; born on 1 October 1944) is a Chinese political figure who formerly served as governor of the People's Bank of China and as mayor of Tianjin. He currently holds the positions of president and CCP party secretary at the National Council for Social Security Fund.
Biography
Originating from Yizheng, Jiangsu Province, Dai completed his studies in financial accounting at the Central Institute of Finance and Economics (presently known as the Central University of Finance and Economics) and became a member of the Chinese Communist Party in 1973.
His professional journey started as an accountant at Guishan Coal Mine in Yunnan. Subsequently, he occupied several administrative roles within Yunnan’s coal sector before transferring to Jiangsu. In Jiangsu, he worked at the Agricultural Bank of China’s Jiangsu Branch, eventually rising to the position of vice governor. From 1985 to 1995, Dai held prominent roles such as vice governor of the Agricultural Bank of China, general manager and CCP party secretary of the Bank of Communications, as well as vice governor and deputy party secretary of the People's Bank of China.
In June 1995, Dai was appointed both governor and CCP party secretary of the People's Bank of China. During his tenure, he became well-known for implementing nine successive interest rate reductions, earning him the moniker "the governor who lowers interest rates." In 2001, he additionally assumed the role of vice secretary within the central finance commission.
Dai transitioned to Tianjin’s municipal government in December 2002, taking on responsibilities as vice secretary of the CCP Tianjin municipal committee, vice mayor, and acting mayor. He was officially confirmed as mayor in January 2003. After stepping down in December 2007, Huang Xingguo succeeded him. Zhang Gaoli, Tianjin’s CCP secretary at the time, commended Dai for his commitment to accelerating the city’s growth.
On January 30, 2008, Dai was named president and party chief of the National Council for Social Security Fund, overseeing a nationwide fund valued at approximately 740 billion RMB.
As a senior economist and research fellow, Dai served as an alternate member of the 14th Central Committee of the Chinese Communist Party and was a full member during the 15th, 16th, and 17th Central Committees.