Beginning in 1988, Guo became a full-time researcher at the State Council, working in various capacities for institutions related to economic restructuring. In March 1996 he became Secretary-General of the state commission in charge of macroeconomic management. In 1998, he was transferred to Guizhou province as Vice Governor. In 2001, he became director of the
State Administration of Foreign Exchange in addition to Vice Governor of the
People's Bank of China (PBC), the country's
central bank. In 2003 he became chief executive of
Central Huijin Investment Ltd., a full state-owned subsidiary of
China Investment Corporation. In 2005 he became chairman of the board of the
China Construction Bank, one of China's largest banks by revenue. He served in that role for over six years. In 2011, he took on the job of chairman of the
China Securities Regulatory Commission (CSRC), China's securities regulator. In March 2013, Guo was tasked with his second regional stint, this time taking on the office of
Governor of Shandong. In 2017, Guo was named chairman of the
China Banking Regulatory Commission. In March 2018, he was appointed chairman of the newly established
China Banking and Insurance Regulatory Commission. He also became the Party Secretary of the PBC. Guo was an alternate of the
17th Central Committee of the Chinese Communist Party, and was a full member of the
18th and
19th Central Committees. In March 2023, he was appointed as deputy chairperson of the
Financial and Economic Affairs Committee of the
14th National People's Congress. He was succeeded by
Pan Gongsheng as party secretary of the PBC. ==References==