Veteran Regulator Made Deputy to Xi’s Adviser Liu He
Veteran banking regulator Liao Min has been promoted to a key post in China’s top economic policymaking body, according to the official Xinhua News Agency.
Liao, now deputy director of the general office of the Central Financial and Economic Affairs Commission, is part of the Chinese delegation now in the U.S. for trade talks, Xinhua reported Wednesday.
The Central Financial and Economic Affairs Commission, formerly known as the Central Leading Group for Financial and Economic Affairs, is chaired by President Xi Jinping. It is responsible for coordinating and supervising the country’s economic and financial business. Vice Premier Liu He, a top economic adviser to Xi, is director of the general office of the commission.
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