LI Yong

Director General, United Nations Industrial Development Organization (UNIDO)

LI Yong, Director General, United Nations Industrial Development Organization (UNIDO), has had an extensive career as a senior economic and financial policy-maker. As Vice-Minister of Finance of the People’s Republic of China and member of the Monetary Policy Committee of the Central Bank for a decade, Li was involved in setting and harmonizing fiscal, monetary and industrial policies, and in supporting sound economic growth in China. He pushed forward financial sector reform, and prompted major financial institutions to establish corporate governance, deal with toxic assets and strengthen risk management. Li gave great importance to fiscal and financial measures in favor of agricultural development and SMEs, the cornerstones for creating economic opportunities, reducing poverty and promoting gender equality. He played a key role in China’s cooperation with multilateral development organizations, such as the World Bank Group and the Asian Development Bank.

June 2013   Director General of UNIDO
2003-2013  Vice-Minister, Ministry of Finance (MOF), People’s Republic of China
2002-2003  Assistant Minister, MOF
1999-2002  Secretary General, Chinese Institute of Certified Public Accountants
1996-1998  Executive Director for China, World Bank Group
1992-1996  Deputy Director General and then Director General, World Bank Department, MOF
1990-1992  Senior Advisor to Executive Director for China, World Bank Group
1989-1990  Director, World Bank Department, MOF
1985-1989  Second Secretary and then First Secretary, Permanent Mission of China to the United Nations
1984           Deputy Director, Foreign Fiscal Research Office, Research Institute for Fiscal Science, MOF