BIS central bankers’ speeches  1  Over the past two decades, China has emerged as a powerhouse of global production. China eclipsed the United States in 2013 to become the world’s largest trading nation. As per WTO data, China was the world’s largest exporter and second largest importer in 2014 accounting for 12.4% and 10.3% share, respectively.
Third, some young staff from the PBC branches and sub-branches will be sent to the Shanghai Head Office. Fourth, senior professionals with related working experiences and academic backgrounds will be hired both domestically and from overseas. We will provide equal opportunities for all staff, and create a favorable environment to enable them to fully tap their potentials.