Xiqing Gao

Senior Lecturing Fellow


  • 210 Science Dr
    Box 90360
    Durham, NC 27708

Xiqing Gao recently returned to teaching after serving as president and chief investment officer of China’s sovereign-wealth fund, the China Investment Corporation, since 2007. The corporation, a government-sponsored entity of the People's Republic of China that seeks to invest in securities and commodities abroad, is responsible for managing part of the country's foreign exchange reserves. Gao previously served as vice chairman of the National Council for Social Security Fund of China from 2003-2007, following his position as vice chairman of the China Securities Regulatory Commission (CSRC).

As a co-founder of China's Stock Exchange Executive Council, Gao was instrumental in the establishment of the Shanghai and Shenzhen Stock Exchanges in 1990. As one of the founding members of CSRC, Gao served as its general counsel and director of public offerings from 1992 to 1995. From 1997 to July 1999, he served as vice chairman and chief executive officer of BOC International, the investment banking arm of Hong Kong's Bank of China.

Gao, who spent three years as a railway construction worker and then worked in an artillery factory during the early part of his life, received both his bachelor's degree and a master of laws from Beijing's University of International Business and Economics (UIBE). He then attended Duke Law School as a Richard Nixon Scholar, receiving his JD in 1986. Following his graduation he joined Mudge Rose Guthrie Alexander & Ferndon as an associate, returning to China in 1988. Gao has taught as an adjunct professor at Duke Law, the Law School of Tsinghua University, UIBE, and the Guanghua Management School of Peking University. He has regularly taught courses at Duke Law pertaining to Chinese company and securities law.

Gao has written extensively on Chinese securities law, banking, legal philosophy, and antitrust, and has served as an arbitrator for numerous cases in the areas of investment, commercial contracts, and securities market disputes. He and some of his former students have formed a charitable fund to help children in the poorest areas of Tibet and Mongolia stay in school.

Gao has served as a Duke University trustee since 2008 and was appointed by President Richard H. Brodhead as a founding member of the Duke Kunshan University Advisory Board.