Chief China Economist

Chief Economist, 
the CBA

Executive Director, 
the HSBC Financial Research Institute at Peking University

Professor Ba Shusong is Managing Director, Chief China Economist of Hong Kong Exchanges and Clearing Limited (HKEX), Chief Economist of the China Banking Association (CBA) and Executive Director of the HSBC Financial Research Institute at Peking University.  He is also Vice President of the China Society of Macroeconomics, a member of Ministry of Commerce's Economic and Trade Policy Advisory Committee, a member of China Banking and Insurance Regulatory Commission’s Expert Guidance Committee for the banking industry’s  implementation of the new Basel capital accord, a member of China Securities Regulatory Commission’s M&A Specialists Committee, a member of China’s “13th Five-Year Plan” National Development and Planning Specialists Committee, and Director-General of Peikang Chang Research Foundation of Development Economics.


Professor Ba is a fellow of experts who receive the State Council’s special allowance.  He was previously Deputy General Manager of the Bank of China Hangzhou Branch, Assistant General Manager of Bank of China (Hong Kong), Director-General of the Strategy and Development Committee of the Securities Association of China, and Deputy Director-General of the Financial Research Institute of the State Council's Development Research Centre.  He was engaged in post-doctoral research in the China Center for Economic Research at Peking University and was a senior visiting scholar at Columbia Business School.  He also served as the chief expert in the basic research field of "International Economic and Financial Structure" in Development Research Center of the State Council. Professor Ba was awarded by China’s Social Science Assessment in 2017 as the Chinese scholar with the highest citation frequency in Chinese literature on economics from 2006 to 2015.


Professor Ba had participated in a large number of seminars and forums held by policy-makers in the financial fields as a financial specialist, and lectured to members of the Political Bureau of the CPC Central Committee in China as the main speaker. He had held management positions in a wide range of financial institutions including commercial banks, securities companies, public funds and trust companies.  As an expert who is familiar with the actual practice of China's financial operations and policy-making process as well as well versed in financial theory research, he possesses rich practical experience and research achievements in the fields of the Basel capital accord and risk management, asset management (has published an annual report on China’s asset management industry development in 11 consecutive years), banking development and bankers survey (has led the conduction and publication of the annual bankers survey reports in Chinese and English for 8 years), etc. His publications (in Chinese) include "Research on New Basel Capital Accord", "Basel II in Financial Crisis: Challenges and Improvements", “Study on Basel Capital Accord III”, “Basel III and Financial Regulatory Reform”, “Annual report of China Asset Management Industry Development". Professor Ba received the Global Youth Leader Award from the World Economic Forum in 2009.