Lou Jiwei

{{Infobox Officeholder |name = Lou Jiwei
楼继伟 |image = |imagesize = 200px |caption = |order = |office = deputy head of the financial and banking office group of the general office of the State Council. During the mid 1980s Lou went to work as the director of the Institute of Finance and Trade of the Chinese Academy of Social Sciences.[1] In 1995 Lou became the vice-governor of Guizhou Province and shortly thereafter became the vice-minister of finance. In 1999 he became a member of the academic affairs committee of the State Council.[1]

As a protege of Premier Zhu Rongji, Lou played a pivotal role in overhauling the tax system of the People's Republic of China as well as managing its internal investments.[2]

In 2007, he served briefly as deputy secretary general of the State Council and became an alternate member of the 17th CPC Central Committee.[1]

China's US$2.1 trillion in foreign exchange reserves is the largest of such reservoir in history.[3] The sovereign wealth fund that Lou heads, China Investment Corporation, helps to invest a portion of that under his guidance.

Awards

In 2008, Time magazine considered Lou one of the 100 most influential people in the world.[4] Forbes Magazine considered him to be the 30th most powerful person in the world, according to their "Powerful People 2010" List.[5]

References