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In deep memory|Liu Hongru, the first president of China University of Finance and Economics, passed away

Published: March 16, 2025 Editor: Yu Lu

w88 casino News (provided by China Institute of Finance)At 13:03 on March 14, 2025, Mr. Liu Hongru, the former deputy governor of the People's Bank of China, the first chairman of the China Securities Regulatory Commission, the founder and first dean of the former China Institute of Finance (now the China Institute of Finance at the w88 casino), passed away in Beijing at the age of 94.

Mr. Liu Hongru, born in November 1930, is from Yushu, Jilin. He joined the Communist Party of China in September 1948 and participated in revolutionary work in September 1947. Graduated from the finance graduate class of Renmin University of China in 1952. In 1959, he received an associate doctorate in economics from Moscow State University in the Soviet Union.

After returning to China, Mr. Liu Hongru worked in my country’s financial system for a long time and held important positions. He has served as vice president of the Agricultural Bank of China, executive vice president of the People's Bank of China, deputy director of the National Economic Structural Reform Commission, the first chairman of the China Securities Regulatory Commission, and deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference. During the golden period of China's financial reform and the critical period of financial system transition from the 1980s to the mid-1990s, Mr. Liu Hongru participated in almost all important reform links and was one of the most important pioneers, organizers, designers and practitioners of China's financial system reform.

Mr. Liu Hongru attaches great importance to the cultivation of modern financial talents and has made outstanding contributions to the development of China’s financial education. In 1987, Mr. Liu Hongru founded the China Institute of Finance and served as its dean until 1992, pouring a lot of effort and wisdom into the construction of the institute. In order to adapt to the demand for high-quality modern financial talents in financial reform, he aimed to "cultivate modern financial seed talents" and personally participated in the college's teaching planning, textbook compilation, curriculum and teaching staff construction, and promoted exchanges and cooperation between the college and domestic and foreign financial institutions and academic institutions. He injected strong impetus into the development of the college, delivered a large number of outstanding talents to China's financial sector, and laid a solid foundation for the development of China's financial education. In 2000, China University of Finance and Economics merged into the w88 casino, which greatly enhanced the overall strength of the financial disciplines of the University of International w88 and Economics and consolidated the status of the University of International w88 and Economics as a high-level financial and economics university in China.

Mr. Liu Hongru is not only an outstanding financier and educator, but also a scholar with profound academic attainments. He is the author of 9 monographs, including "Research on China's Financial System Reform Issues", "Breakthrough - The Road to Development of China's Capital Market", and "Reform - Sixty Years of Development of China's Financial System". He has also edited more than 20 books and translated two books.

Mr. Liu Hongru is also a member of the 8th and 9th National Committee of the Chinese People’s Political Consultative Conference, an alternate member of the 12th and 13th Central Committee of the Communist Party of China, and has served successively as Chairman of China Financial Education Development Foundation, Vice Chairman of China Charity Federation, and Honorary Chairman of Hongru Financial Education Foundation. In recent years, the Hongru Financial Education Foundation has continued to support the construction of financial disciplines and talent training at the University of International w88 through various models such as the "Hongru Financial Excellent Talent Training Plan Project" and the "Hongru Financial Talent Training Experimental Class".

The death of Mr. Liu Hongru is a major loss to China’s financial and educational circles, as well as to w88 casino. He has made indelible contributions to the development of China's financial industry and the cultivation of financial talents. We will always remember his outstanding achievements and lofty spirit and continue to work hard for the development of China's financial industry!

Mr. Liu Hongru will last forever!

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