Global Standards for the world economy

Sunday 21 July 2019

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Guangyao Zhu


Mr Zhu joined the Ministry of Finance of China in 1985. He has served as the Vice Finance Minister since May 2010 and has also been Chairman of Accounting Society of China since January 2014. During the periods of 1994-1996 and 2001-2004, Mr Zhu worked in the World Bank as Senior Advisor, Alternate Executive Director and Executive Director for China.

As the Vice Finance Minister, Mr Zhu is in charge of the Customs Tariff Department, coordinating the work of the economic track of the China-US Strategic and Economic Dialogue and the financial channel for G20.

Mr Zhu has rich experience in dealing with international economic and financial affairs. With deep knowledge of the development of IFRS Standards and the international convergence of Chinese accounting standards, he also plays a vital role in promoting the research in accounting theory in China.