Yi Gang: Keynote speech - 13th Lujiazui Forum Keynote speech by Mr Yi Gang, Governor of the People's Bank of China, at the 13th Lujiazui Forum, Shanghei, 10 June 2021. * * * Honorable Secretary Li Qiang, Mayor Gong Zheng, Vice Mayor Wu Qing, Chairman Guo Shuqing, Chairman Yi Huiman, Administrator Pan Gongsheng, Ladies and gentlemen, Good morning!
In January 2008, then-Chairman Ben Bernanke addressed your group a month after the Great Recession began, following sharp and dramatic declines in the U.S. housing market during 2007. Then, in June 2009, former Governor Elizabeth Duke described the actions that the Federal Reserve had taken to contain the financial crisis and promote economic recovery.