Closer Look: Giving Due Credit to Central Bank Governor

The central bank's governor, Zhou Xiaochuan, has contributed to financial reforms in the country in the following three ways.

The first is reform of share ownership for state-owned banks. Since 2003, the commercial transformation of those banks has been completed, to a great extent, through restructuring, bringing in foreign strategic investors and going public. This is a very important step in the reform of the country's financial institutions.