As president of the Central Bank, Zhou Xiaochuan, 周小川, is set to play a central role in directing China's future monetary policy.
Barry Naughton talks about Zhou in his article for the spring issue of the China Leadership Monitor,Financial Reconstruction: Methodical Policymaking Moves into the Spotlight. Note that there are two banks with very similar names in China that are easy to confuse at first glance. The People's Bank of China (PBOC, 中国人民银行) is China's central bank, headed by Zhou Xiaochuan and in charge of setting monetary policy. The Bank of China (BOC, 中国银行) is one of the four main state-run banks and is under the central bank in the power hierarchy.