CHENGDU, Feb. 24 (NBD) -- Guo Shuqing, governor of North China's Shandong province, has been named the new secretary of the Party committee and chairman of the China Banking Regulatory Commission. 

He has again replaced Shang Fulin, whom Guo succeeded as the chairman of China's stock market regulator six years ago.  

In the 506 days when he served as chairman of the China Securities Regulatory Commission, he proposed up to 70 policies on system adjustment, about one policy every seven days. That's also why he was acclaimed as "reformer."

In his opinion, finance stays at the core of modern economy. Therefore, it is critical to enhance reform at the supply side of financial resources, adjust and optimize market structure, curb asset bubbles, and provide a variety of financial products to real economy.

Email: lansuying@nbd.com.cn