Wang Yi

Wang Yi

Wang Yi, male, born in April 1956 in Jianchuan, Yunnan Province, is a member of the Communist Party of China. He was once vice president (vice ministerial level) of China Development Bank. On June 8, 2008, he attended the "Boao International Forum on modern logistics and free port" held in Ningbo. When he returned to Beijing, he was "double regulated" by the special task force of the Central Commission for Discipline Inspection. On January 22, 2009, the Supreme People's Procuratorate issued an arrest warrant to arrest Wang Yi for suspected bribery.

Learning experience

1978.09-1984.02: Bachelor's degree and master's degree in History Department of Peking University;

1994.09-1996.09: Doctor of economics, Southwest University of Finance and economics.

work experience

1985.11-1992.09: General Office of the Central Advisory Committee;

1992.10-1995.10: Deputy Director of the office of the Securities Commission of the State Council;

1995.11-1999.02: Vice Chairman of China Securities Regulatory Commission;

1999.02-2008.06: Vice President of China Development Bank.

In June 2008, he was accused of "double regulation" for "major violation".

April 15, 2010: Beijing No.1 Intermediate People's court made a first instance judgment on Wang Yi, former vice president of China Development Bank, and found that Wang Yi was guilty of bribery, sentenced to death, suspended for two years, deprived of political rights for life, and confiscated all personal property.

Main works

International Comparison of the competitiveness of securities companies under the opening of capital market and China's choice

The way to success of securities companies: decision making, operation and management;

Enterprise structure, environment and operation mechanism;

He is one of the main editors and reviewers of "Securities Knowledge Reader" and "Introduction to securities market".

Academic papers

Research on venture capital market and its action mechanism;

International Comparison of securities market settlement and deposit system;

The current mode and Reform Orientation of fixed assets investment management;

Correctly understand and use capital management;

Establish risk management system to promote the healthy development of securities market;

Using the stock market to promote the development of state-owned enterprises;

The opportunities and challenges faced by the stock market in the network age;

On the incubator function of stock market.

Related events

On April 29, 2008, Wei Dong, the leader of Yongjin department, who held tens of billions of assets, died. The society was shocked and rumors about Wang Yi gradually expanded from a small scale.

From February to April 2008, Meng Tao, Wang Yi's former Secretary, Wang Lei's younger brother and Li Tao, a Shenzhen businessman with whom Wang Yi had close contacts, were investigated one after another; in April of the same year, Wang Yi was monitored by relevant departments and restricted from leaving the country. After Wei Dong jumped from a building, it was rumored that before Wei Dong died, Wang Yi and Wei Dong were invited to talk.

On May 6, 2008, Wang Yi attended Wei Dong's memorial service; on June 8, 2008, Wang Yi attended the "Boao International Forum on modern logistics and free port" held in Ningbo, which was controlled by the special task force of the Central Commission for Discipline Inspection on the plane, and then accepted the "double regulation" review.

On January 22, 2009, the Supreme People's Procuratorate issued an arrest warrant for Wang Yi on suspicion of bribery, Caijing magazine reported. This means that Wang Yi case has entered the substantive judicial process from the stage of Party discipline review.

On February 4, 2009, Xinhua News Agency reported that Wang Yi took advantage of his position to seek benefits for others, accepted huge sums of money, and sought benefits for his relatives' business activities. He seriously violated discipline and was expelled from the party and public office. Caijing magazine said that according to the internal circular of relevant departments, the amount of bribes confirmed by Wang Yi's confession reached more than 10 million yuan. However, the specific circumstances of the case and the amount involved still need to be determined by the judicial authorities.

On March 30, 2010, Wang Yi's suspected bribery case was heard in Beijing No.1 Intermediate People's court. The prosecution accused Wang Yi of taking bribes of more than 1196 million yuan, and the defendant Wang Yi pleaded guilty.