Caixin Global – Latest China News & Headlines

Home >


CX Live is Caixin Global's real-time news portal, featuring 24-hour breaking news, short-form analysis, and roundups from business and social media in China.

China Launches EV Safety Inspection After Tesla and Nio Fires
Bank of East Asia to Increase Mainland Capital After Profit Warning
TikTok Owner ByteDance Hits 1 Billion Users
U.S. Tech Giants Say Proposed Additional Tariffs on Chinese Laptops Harm National Interests
Baidu Suspends Operation of Travel Platform
Apple Asking Suppliers to Weigh Moving 15%-30% of Capacity From China: Nikkei
Is China’s Tesla Wannabe Going Downhill
Xiaomi Eyes $725 Million Expansion to Stave Off Huawei in China
Suzhou HYC to Start Subscription for New-Board IPO June 27
Head of Hebei Government Newspaper Under Investigation
Tencent Reshuffles Leadership of Fintech Business
Local Government Crackdowns on Some ‘Foreign’ or ‘Feudal’ Place Names Draws Debate
Chinese E-Commerce Players Boast Record Sales During Mid-Year Shopping Festival
'Three-Body Problem' TV Series in the Works
Xiaomi to Invest 5 Billion Yuan in Retail Channels
TikTok Owner ByteDance Hits 1 Billion Users
PBOC Again Moves Against Yuan Shorters With Hong Kong Bill Issuance
Growing Parade of China Tech ‘Losers’ Line Up for New York Listings
China's Got More Competition Now as Info-Tech Exporter to the U.S.
Xpeng Makes 10,000th Car Amid Plans for New Fundraising Round
Debt-Saddled China Railway Restructures in Line With State Sector Reform Push
Company Dismisses Own Swine Fever Vaccine Claim as ‘Typo’
Warning System Gives Heads-Up on Monday’s Deadly Sichuan Earthquake
China’s State Asset Overseer Appoints New Director

By Isabelle Li / May 22, 2019 01:01 PM / Politics & Law

Hao Peng. Photo: SASAC

Hao Peng. Photo: SASAC

China’s most powerful state asset regulator has appointed Hao Peng, its current party chief, as its new director.

Hao’s predecessor at the State Council’s State-owned Assets Supervision and Administration Commission (SASAC) was Xiao Yaqing, who became China’s top market regulator on Friday.

As SASAC’s new director, Hao will retain his party leader post, the central government announced Tuesday.

Like Xiao, Hao is currently a member of the elite Central Committee of the Communist Party of China.

People’s Tribune, a major party-led magazine, published a commentary by Hao on Friday emphasizing the importance of party leadership in state-owned enterprise reforms.

Related: State Asset Chief Named China’s Top Market Regulator

Share this article
Open WeChat and scan the QR code
Copyright © 2019 Caixin Global Limited. All Rights Reserved.