Lou Jiwei

Date of Birth: December 1950

Zodiac Sign: Unknown

Biography

Lou Jiwei is a prominent Chinese politician and economist who has significantly influenced China’s financial and economic policies. Born in Yiwu, Zhejiang Province, China, Lou Jiwei has held several key positions in the Chinese government, contributing to the country’s economic reform and development. He is best known for his tenure as the Minister of Finance of the People’s Republic of China from 2013 to 2016. Lou Jiwei has also served as the Chairman and CEO of China Investment Corporation (CIC), one of the world’s largest sovereign wealth funds. His career is marked by his strong advocacy for fiscal discipline, structural reforms, and efforts to modernize China’s financial system.

5 Interesting Facts about Lou Jiwei

1. Lou Jiwei played a key role in managing China’s economic policies during the global financial crisis of 2008.

2. He is an alumnus of Tsinghua University, where he earned a degree in computer science.

3. Lou Jiwei has been recognized for his efforts to combat local government debt issues in China.

4. He served as the Chairman of the National Council for Social Security Fund (NCSSF) before becoming the Minister of Finance.

5. Lou Jiwei is known for his outspoken views on economic reform and has often emphasized the importance of reducing over-reliance on debt for economic growth.

5 Most Interesting Quotes from Lou Jiwei

1. “Fiscal reform is crucial to the long-term stability of China’s economy.”

2. “We must address the root causes of local government debt and improve transparency.”

3. “Economic growth should not come at the expense of financial stability.”

4. “Structural reforms are necessary to sustain China’s economic momentum.”

5. “The world economy is interdependent, and cooperation is essential for global financial stability.”

Highest Net Worth Achieved

Lou Jiwei’s highest net worth achieved is not publicly disclosed as detailed financial information about Chinese politicians is typically not available.

Children

Information about Lou Jiwei’s children is not publicly available, reflecting the privacy often maintained by Chinese officials regarding their personal lives.