Wang Qishan was born 1 July 1948. Wang is married to Yao Minshan, daughter of former vice-premier Yao Yilin. Wang currently serves as Secretary of the Central Commission for Discipline Inspection in China. Previously, he served as Vice-Premier in charge of economic, energy and financial affairs under premier Wen Jiabao from March 2008 to March 2013. Wang also served in regional positions in Hainan and Beijing. He was elected to the 17th Central Politburo of the Communist Party of China in 2007, became a member of 18th Politburo Standing Committee in 2012.
Wang Qishan was born in Qingdao, Shandong, but his ancestral hometown is considered Tianzhen, Shanxi. Wang graduated from the History Department of Northwest University in 1976. Wang was the Governor of the China Construction Bank from 1994 to 1997. He first took over from Meng Xuenong when SARS struck Beijing in spring 2003, at which time he was the Party Secretary in Hainan, and was confirmed as mayor in early 2004. From 2004-2007, Wang served as the Mayor of Beijing. He is known to be frank and responsible. In 2007, he became a member of the Politboro of the 17th CPC Central Committee, a member of the 17th CPC Central Committee and in 2008 he became Vice Premier of the State Council.
In 2009, Wang was appointed by President Hu Jintao as his special representative to chair the Economic Track of the U.S.-China Strategic and Economic Dialogue for the Chinese side.
U.S. Secretary of the Treasury Henry Paulson said that Wang is “decisive and inquisitive” and “an avid historian, enjoys philosophical debates and has a wicked sense of humor.” Paulson writes, “He is a Chinese patriot, but he understands the U.S. and knows that each of our two countries benefits from the other’s economic success. And he is bold — he takes on challenges, does things that have never been done before and succeeds. Wang managed the largest bankruptcy restructuring in China’s history in 1998 and thereby prevented a banking crisis that could have crippled the country’s growth.”
Wang was named as one of the most influential people in the world in the 2009 Time 100 list. In 2011, he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.