In May 1997, he was promoted to Director of the Non-Bank Financial Institutions Department, and in November, President and Party Secretary of the PBC branch in Hunan.
He gained a reputation as a forceful restructurer in cases such as Galaxy Holdings, Everbright Group, Guotai Junan, Shenyin & Wanguo.
Xie Ping stated that "Huijin has no administrative purpose and should exercise shareholder responsibilities as a company and a market participant".
Media reported that Xie Ping may have engaged in inappropriate behavior regarding the appointment of directors to financial institutions.
[6] He also received the inaugural Sun Yefang Financial Innovation Award in 2015 for Internet Finance in China: Introduction and Practical Approaches (with Zou Chuanwei and Liu Haier).