Shang Fulin is a politician of the People's Republic of China

People's Republic of China

China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

. He served as president of the China Securities Regulatory Commission

China Securities Regulatory Commission

The China Securities Regulatory Commission is an institution of the State Council of the People's Republic of China , with ministry-level rank...

 until October, 2011, when he was appointed to lead the China Banking Regulatory Commission

China Banking Regulatory Commission

The China Banking Regulatory Commission is an agency of the People's Republic of China authorised by the State Council to regulate the banking sector of the PRC except the territories of Hong Kong and Macau, both of which are special administrative regions...

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Biography

Shang was born in Jinan

Jinan

Jinan is the capital of Shandong province in Eastern China. The area of present-day Jinan has played an important role in the history of the region from the earliest beginnings of civilisation and has evolved into a major national administrative, economic, and transportation hub...

, Shandong

Shandong

' is a Province located on the eastern coast of the People's Republic of China. Shandong has played a major role in Chinese history from the beginning of Chinese civilization along the lower reaches of the Yellow River and served as a pivotal cultural and religious site for Taoism, Chinese...

. He served in the army from 1969 to 1973, and joined the Communist Party of China

Communist Party of China

The Communist Party of China , also known as the Chinese Communist Party , is the founding and ruling political party of the People's Republic of China...

 in July 1971. From 1973 to 1978, he served in Beijing

Beijing

Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

 Yingtaoyuan branch of People's Bank of China

People's Bank of China

The People's Bank of China is the central bank of the People's Republic of China with the power to control monetary policy and regulate financial institutions in mainland China...

. Shang studied at Beijing Institute of Finance and Trade from 1978 to 1982, and he holds a doctorate degree. From 1982 to 1990, he served in the general planning section of the headquarter of People's Bank of China. In 1994, he became the president assistant of the Bank, and was promoted to vice president of the Bank in April 1996, responsible for monetary policy and liquidity. In July 1997, Shang was elected a member of monetary policy commission of the People's Bank of China. In February 2002, he was appointed as the president of Agricultural Bank of China

Agricultural Bank of China

Agricultural Bank of China Limited , also known as AgBank, is one of the "Big Four" banks in the People's Republic of China. It was founded in 1951, and has its headquarters in Beijing...

. Since December 27, 2002, Shang has succeeded Zhou Xiaochuan

Zhou Xiaochuan

Zhou Xiaochuan is a Chinese economist, banker, reformist and bureaucrat. As governor of the People's Bank of China since December 2002, he has been in charge of the monetary policy of the People's Republic of China....

 and served as the president and the Party chief of China Securities Regulatory Commission

China Securities Regulatory Commission

The China Securities Regulatory Commission is an institution of the State Council of the People's Republic of China , with ministry-level rank...

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Shang was an alternate member of 16th Central Committee of the Communist Party of China, and is a current member of 17th Central Committee of CPC.