Chinese central banker receives lifetime award

Zhou Xiaochuan, the former governor of the People's Bank of China, has been awarded the 2019 lifetime achievement award by finance industry journal Central Banking.

Zhou, who is the sixth winner of the award, was recognized for his integrity, intellectual rigor and bold reforms that have served the public interest in China and the world.

The UK journal announced the award on Tuesday. It will be presented at a formal ceremony in London on March 13. Previous winners of the Central Banking lifetime achievement award include former US Federal Reserve Chairman Paul Volcker; Jacques de Larosiere, former governor of the Banque de France; and ZetiAkhtar Aziz, the first woman governor of Malaysia's Central Bank.