中国将全面改革金融体系,赋予习近平更多控制权|彭博社

  • 中国国家主席习近平正在将金融系统的决策进一步置于他的控制之下。

  • 当局正在考虑恢复中央金融工作委员会,以允许执政的共产党对金融政策进行更多控制。

  • 习近平的办公室主任丁薛祥将成为该实体的负责人。

  • 在下个月的政府改组中,何立峰预计将取代刘鹤成为中国负责经济政策的副总理。

  • 何立峰还被考虑担任中国人民银行的党委书记职务。

  • 这一任命和对中国金融监管制度的潜在改革将使关键经济政策的决策权掌握在更少的人手中,并在习近平的领导下进行集中管理。

  • 中国人民银行在金融监管方面的作用也将得到提升。

  • 自2012年以来,习近平一直在巩固其权力,并在去年10月的党代会上获得了第三个任期的权力。

  • 来自Gavekal Dragonomics的Christopher Beddor认为,与习近平有密切个人关系的何立峰可能会取代郭树清成为中国人民银行党委书记。

  • 下个月的全国人民代表大会的任命还没有最后确定。

  • 任命何立峰为中国人民银行党委书记将是1990年代以来第一次负责经济政策的副总理同时在银行担任高级职务。

  • 朱镕基是上一位同时担任中国人民银行高级职务的副总理,他以强硬和高效的改革风格而闻名。

  • 朱镕基在1993年至1995年期间担任中国人民银行行长,能够解决该国有史以来最严重的通货膨胀问题。

  • 如果何立峰被任命为中国人民银行党委书记,这将被视为习近平获得了对中央银行的直接监督权。

  • 全国人民代表大会下个月将确认各部委的任命,包括中国人民银行行长。

  • 朱镕基在担任中国人民银行行长期间,能够成功解决该国有史以来最严重的通货膨胀问题,显示了他的有效性。

  • 中央财政工作委员会成立于1998年,旨在确保各级官员遵循党的指导方针和政策。

  • 温家宝担任了该委员会的第一任主任。

  • 作为政府重组的一部分,该委员会于2003年被解散。

  • 在这次重组中,中国的银行业监管机构也得以成立。

  • 中央金融工作委员会是中国政府的一个重要组成部分,它的解散是中国金融系统重组的一个重要步骤。

  • 资深银行家朱鹤新被考虑为下一任央行行长,以取代易纲,易纲在去年的执政党大会上被从高级官员名单中剔除。华尔街日报》首先报道了朱鹤新的可能任命以及金融工作委员会的恢复。当彭博新闻社联系中国人民银行时,该行拒绝发表评论。

  • 近年来,中国人民银行的党委书记和行长角色已经被分割。中国人民银行现任党委书记郭树清预计将退休,他的角色重点是金融风险事务。易纲一直负责货币政策的实施。经济学家表示,中国人民银行的变化可能并不意味着货币政策的重大转变,尽管央行的做法可能略显鹰派。

  • 何立峰职业生涯的大部分时间都在地方政府工作,并主张进行基础设施建设。Gavekal的Beddor称,这意味着 “他可能不会像郭树清或刘鹤那样对债务的危险保持同等程度的警惕”。渣打银行(Standard Chartered Plc)大中华区和北亚区首席经济学家丁爽说,货币政策 “可能会继续沿用已经确定的改革方向,不会有全新的思维或任何巨大的变化”。

  • 领导中国国家计划机构的何立峰是习近平的亲信,自20世纪80年代以来就相互认识。朱鹤新的大部分职业生涯是在中国的国有银行系统度过的,预计他将取代易纲成为中国人民银行行长。何立峰有望接替刘鹤,刘鹤曾在前总统唐纳德-特朗普执政期间带领中国的谈判团队与美国进行激烈的贸易谈判。

  • 何立峰拥有经济学博士学位,但不以理论家著称,他的整个职业生涯几乎都是在做政府官员。在朱鹤新的领导下,中信在拯救陷入困境的坏账管理公司中国华融资产管理有限公司方面发挥了重要作用。朱鹤新和何立峰在中国人民银行的任命将与央行最高级别的两位官员的学术和国际资历不同。

  • 《华尔街日报》报道说,过去十年来中国的最高经济官员刘鹤将从目前的职位上退下来,但预计将继续在美中关系中发挥作用。中美两国在2020年初达成的贸易协议是刘鹤在激烈的贸易谈判中努力的结果。何立峰和朱鹤新在中国人民银行的任命与央行最高两位官员的学术和国际资历不同。

  • Chinese President Xi Jinping is bringing decision-making of the financial system further under his control.

  • Authorities are considering reviving the Central Financial Work Commission to allow the ruling Communist Party to assert more control over financial policy.

  • Ding Xuexiang, Xi’s chief of staff, is set to become the head of the entity.

  • He Lifeng is expected to replace Liu He as China’s vice premier responsible for economic policy in a government reshuffle next month.

  • He Lifeng is also being considered for the role of party secretary at the People’s Bank of China.

  • The appointment and potential overhaul of China’s financial regulatory regime would put decision-making over key economic policies in fewer hands and centralize it under Xi.

  • The PBOC would also be elevated in its role in financial regulation.

  • Xi Jinping has been consolidating his power since 2012, and has secured a third term in power at the party’s congress in October last year.

  • Christopher Beddor from Gavekal Dragonomics believes that He Lifeng, who has a close personal relationship with Xi, could replace Guo Shuqing as the PBOC party chief.

  • Appointments for the National People’s Congress next month have yet to be finalized.

  • Appointing He Lifeng as PBOC party secretary would be the first time since the 1990s that a vice premier responsible for economic policy would also have a senior role at the bank.

  • Zhu Rongji was the last vice premier who also took a top PBOC post, and is known for his tough and efficient reform style.

  • Zhu Rongji was the PBOC’s governor between 1993 and 1995 and was able to address the country’s worst inflation on record.

  • If He Lifeng is appointed as PBOC party secretary, it would be seen as Xi gaining direct oversight of the central bank.

  • The National People’s Congress next month will confirm ministerial appointments, including the PBOC governor.

  • Zhu Rongji was able to successfully address the country’s worst inflation on record while he was the PBOC’s governor, showing his effectiveness.

  • The Central Financial Work Commission was established in 1998 with the intention of ensuring officials at various levels followed the party’s guidelines and policies.

  • Wen Jiabao served as the commission’s first chief.

  • The commission was dissolved in 2003 as part of a government reorganization.

  • This reorganization also saw the establishment of China’s banking regulator.

  • The Central Financial Work Commission was a significant part of China’s government, and its dissolution was a major step in the reorganization of the country’s financial system.

  • Veteran banker Zhu Hexin is being considered as the next central bank governor to replace Yi Gang, who was dropped from a list of senior officials at the ruling party’s congress last year. The Wall Street Journal first reported Zhu’s likely appointment and the reinstatement of the financial work committee. The PBOC declined to comment when contacted by Bloomberg News.

  • In recent years, the party secretary and governor roles at the PBOC have been split. Under Guo Shuqing, the current PBOC party secretary who is expected to retire, the focus of his role has been on financial risk matters. Yi has been responsible for monetary policy implementation. Economists said the changes at the PBOC may not signal a major shift in monetary policy, although the central bank’s approach could be slightly less hawkish.

  • He Lifeng has spent most of his career in local governments, and advocated for infrastructure-building. That means “he might not bring the same level of vigilance about the dangers of debt as Guo Shuqing or Liu He,” according to Gavekal’s Beddor. Ding Shuang, chief economist for Greater China and North Asia at Standard Chartered Plc, said monetary policy “will likely continue on the reform direction that has already been set, and won’t be subject to a completely new thinking or any dramatic change.”

  • He Lifeng, who heads China’s state planning agency, is a close confidant of Xi Jinping and has known each other since the 1980s. Zhu Guohong, who spent most of his career in China’s state-owned banking system, is expected to replace Yi Gang as the Governor of the People’s Bank of China. He Lifeng is expected to replace Liu He, who led China’s negotiating team in acrimonious trade talks with the US under former President Donald Trump.

  • He Lifeng has a doctorate in economics but is not known as a theorist, and has spent almost his entire career as a government official. Under Zhu Guohong’s watch, Citic played a major role in rescuing the troubled bad-debt manager China Huarong Asset Management Co. The appointments of Zhu and He at the PBOC would be a departure from the academic and international credentials of the top two officials at the central bank.

  • Liu He, China’s top economic official for the past decade, will step down from his current post but is expected to continue to play a role in US-China relations, the WSJ reported. The trade deal between the US and China in early 2020 was a result of Liu He’s efforts in the acrimonious trade talks. He Lifeng and Zhu Guohong’s appointments at the PBOC are a departure from the academic and international credentials of the top two officials at the central bank.

链接:Bloomberg - Are you a robot?

财政如果与货币统一,这是非常危险的举动。过大的权力会酝酿巨大的利益黑洞。