Signs Indicate New CSRC Head Is Reform-minded

(Beijing) – There has been much speculation as to whether the new chairman of the China Securities Regulatory Commission will be pushing for financial reforms as hard as his predecessor did.

One reason for the uncertainty is Xiao Gang has not spoken to media as often as most of his peers.

Caixin reviewed Xiao's track record at the central bank and Bank of China and talked to people close to him. His consideration of international standards, role in increasing the number of women in management and effort to learn English so he could interact better with his foreign counterparts would suggest that he can be described as a reformist.