Why did Zhou Xiaochuan win the lifetime achievement award of the Bank of England? What contribution did he make?

Lifetime Achievement Award is specially awarded to people who have made outstanding contributions in a certain professional field and are widely recognized.

In the financial field, only six people in the world have won the prize, and Zhou Xiaochuan, former governor of the Bank of China, is one of these six people. So, why did Zhou Xiaochuan win this honor?

From being the governor of the central bank in 2002 to retiring in 20 18, we can get a glimpse of one thing or two from this career.

During his tenure, he successfully guided monetary policy, promoted the liberalization of exchange rate and interest rate, helped the RMB to be included in the SDR currency basket, and gradually moved towards internationalization.

Zhou Xiaochuan integrated theory with practice and carried out structural reform, which played an important role in capital market and financial services. The bold reform of the central bank institutions has greatly improved the institutional capacity of the central bank and helped to solve the top-level macroeconomic problems in China.

In addition, he also actively participated in meetings with international central bank personnel, helped China's economy to go out better, and made great contributions to China's rapid economic growth.

After retirement, Zhou Xiaochuan is still contributing his wisdom to China's financial development.

Awarding this lifetime achievement award to Zhou Xiaochuan is also an affirmation of his great economic contribution to Bank of China, China and even other parts of the world.