Hu Sheng-cheng

Hu Sheng-cheng (Chinese: 胡勝正; pinyin: Hú Shèngzhèng; 5 August 1940 – 10 July 2018) was a Taiwanese economist. He led the Council for Economic Planning and Development from 2004 to 2007 and the Financial Supervisory Commission from 2007 to 2008.

Hu Sheng-cheng
胡勝正
Chairperson of Financial Supervisory Commission
In office
25 January 2007  1 July 2008
Preceded byShih Jun-ji
Susan Chang (acting)
Succeeded byGordon Chen
Minister of the Council for Economic Planning and Development
In office
20 May 2004  21 May 2007
Preceded byLin Hsin-i
Succeeded byHo Mei-yueh
Personal details
Born(1940-08-05)5 August 1940
Taihoku Prefecture, Japanese Taiwan (today Yilan County, Taiwan
Died10 July 2018(2018-07-10) (aged 77)
Zhongzheng, Taipei, Taiwan
Alma materNational Taiwan University
University of Rochester

Academic career

Hu studied economics at the University of Rochester in the United States, where he earned a Ph.D,[1] after having graduated from National Taiwan University in 1962.[2] He remained in the United States, and began a teaching career at Purdue University in 1968.[3] While working in the U.S., Hu authored a pair of reports to the Social Security Administration.[4] Hu returned to Taiwan in 1996, teaching at NTU and holding a concurrent appointment at the Academia Sinica until 2001.[5]

Political career

Hu was appointed a minister without portfolio by premier Chang Chun-hsiung in 2001 and had oversight of financial policies.[6][7] Hu was retained by Chang's successor Yu Shyi-kun when Yu took office in February 2002.[8] Later that year, Yu initiated a six-year development plan devoted to promotion of environmentally friendly industries.[9] He placed Hu in charge of research and development, high value-added industry, and the establishment of an operation center.[10] Upon the resignation of finance minister Lee Yung-san in November, Hu was considered a potential successor.[11][12] In 2004, he was named the head of the Council for Economic Planning and Development, in addition to his duties as minister without portfolio.[13] After the resignation of Shih Jun-ji in January 2007, Hu was selected to chair the Financial Supervisory Commission.[14] He stepped down in July 2008, and was replaced by Gordon Chen.[15]

Hu later returned to the Academia Sinica as a research fellow.[16] He was an adviser to Wellington Koo's 2014 Taipei mayoral campaign.[17] In August 2016, Hu assumed the chairmanship of the Chung-Hua Institution for Economic Research.[18] He fell ill that same year,[19] and died of pulmonary calcification at National Taiwan University Hospital on 10 July 2018, aged 77.[20]

References

  1. "Hu appointed chairman of FSC". Taipei Times. 26 January 2007. Retrieved 23 March 2016.
  2. "2004 honorary degree: Sheng-Cheng Hu". Purdue University. 2004. Retrieved 2 May 2019.
  3. Norberg, John (1999). Three Tigers and Purdue. Purdue University Press. p. 220. ISBN 9780931682766.
  4. "Research & Analysis by Sheng Cheng Hu". Retrieved 2 May 2019.
  5. "Sheng-Cheng Hu". Academia Sinica. Retrieved 24 March 2016.
  6. Huang, Joyce (6 March 2001). "Four new Cabinet officials appointed". Taipei Times. Retrieved 15 August 2017.
  7. Kearns, Patrick (6 March 2001). "Veteran economist aims to boost ailing economy". Taipei Times. Retrieved 15 August 2017.
  8. Huang, Joyce (25 January 2002). "Yu unveils final appointments to `combative Cabinet'". Taipei Times. Retrieved 15 August 2017.
  9. Ko, Shu-ling (13 May 2002). "Government's six-year plan to develop a 'green silicon island' divides critics". Taipei Times. Retrieved 15 August 2017.
  10. Ko, Shu-ling (9 May 2002). "Development plan finds support". Taipei Times. Retrieved 15 August 2017.
  11. Ko, Shu-ling (26 November 2002). "Premier asks for time to fill positions". Taipei Times. Retrieved 15 August 2017.
  12. Huang, Joyce (26 November 2002). "Financial-sector reforms must go on". Taipei Times. Retrieved 15 August 2017.
  13. Huang, Joyce (7 June 2004). "Planner says firms need deregulation". Taipei Times. Retrieved 23 March 2016.
  14. Shih, Hsiu-chuan (26 January 2007). "Cabinet unveils reshuffle details". Taipei Times. Retrieved 23 March 2016.
  15. Hsu, Crystal (2 July 2008). "New FSC chairman takes office". Taipei Times. Retrieved 23 March 2016.
  16. Su, Amy (6 August 2011). "Asia may save global economy: Liu". Taipei Times. Retrieved 23 March 2016.
  17. Chen, Ching-min; Chung, Jake (17 January 2014). "'Hsichih Trio' supports Wellington Koo". Taipei Times. Retrieved 15 August 2017.
  18. Hsu, Crystal (3 August 2016). "Hu Sheng-cheng takes helm at CIER". Taipei Times. Retrieved 15 August 2017.
  19. Liao, Yu-yang; Kao, Evelyn (11 July 2018). "Renowned economist Hu Sheng-cheng dies". Central News Agency. Retrieved 13 July 2018.
  20. Hsu, Crystal (12 July 2018). "CIER chairman Hu Sheng-cheng dies at age 77". Taipei Times. Retrieved 13 July 2018.
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