Li Keqiang

Li Keqiang, born in 1955, became China's premier in March 2013. Like ex-president Hu Jintao, his power base lies with the Communist Youth League, where he was a member of the secretariat of the league’s central committee in the 1980s and later in the 1990s the secretariat’s first secretary. His regional governance experience includes a period as vice party boss, governor and party boss of Henan province between 1998 and 2003 and party boss of Liaoning province beginning in 2004. He became vice premier in 2008. Li graduated from Peking University with a degree in economics. 

Shanghai plan to lure foreign investors to free-trade zone

Shanghai plans to lure foreign investors to its new free-trade zone

The central government will unveil as early as this week a major package of new policies, covering industries from financial services to shipping and transport, as part of its plan to create a Hong Kong-like free-trade zone in Shanghai.

Friday, 6 September, 2013, 8:04am 3 comments

New Shanghai free-trade zone to lead push in futures

Commodities warehouses may soon be set up in Pudong.

Beijing will soon announce a plan to allow foreign commodities exchanges to set up their own futures delivery warehouses in the mainland's first free-trade zone in Shanghai, directly challenging Singapore and South Korea's regional dominance in this business and helping Hong Kong Exchanges and Clearing to expand into commodities trading.

6 Sep 2013 - 8:04am

China, Pakistan ink eight deals to boost trade, create 'economic corridor'

Pakistan's Nawaz Sharif shares a joke with Li Keqiang. Photo: EPA

Beijing and Islamabad set their sights yesterday on developing a transport link through rugged mountains and lawless lands, a route they hope will boost economic growth and bring critical oil supplies to energy hungry China much faster.

6 Jul 2013 - 3:42am

Wang Zhongwei picked to head Premier Li Keqiang's office

Wang Zhongwei. Photo: SCMP

State Council deputy secretary general Wang Zhongwei, a former Shanghai propaganda chief and later a senior propaganda official in the central government, has been picked to head Premier Li Keqiang's office, sources said.

29 Jun 2013 - 5:20am

Short sharp shock

Premier Li Keqiang said this week that Beijing will keep consistency and stability in its policies to stabilise market expectations. Photo: AFP

The jolt Premier Li Keqiang delivered to the mainland's financial system emulates a strategy crafted by predecessor Zhu Rongji in the 1990s, inflicting short-term pain in the anticipation of long-term gain.

28 Jun 2013 - 5:04am

'Liconomics' could mean a weaker yuan

'Liconomics' could mean a weaker yuan

With Premier Li Keqiang just over 100 days in the job, investors have concluded that he is serious about pressing ahead with financial reforms. That means economic pain in the short term, with growth set to slow as Li attempts to curb China's runaway credit creation.

28 Jun 2013 - 5:06am

Scalpel in hand, Chinese Premier Li stirs reform hopes

The People’s Bank of China has allowed interest rates to stay high to slow runaway credit growth and to punish banks for reckless practices. Photo: Reuters

Investors getting stung by China’s worst financial market rout in years should find solace in the fact that the government, in particular Premier Li Keqiang, is willing to play hardball to force through much-needed policy change.

26 Jun 2013 - 2:38pm

Li Keqiang well advised to keep foreign wise men at bay

Premier Li Keqiang. Photo: EPA

I remember when Tung Chee-hwa did this as Hong Kong's first chief executive not too long after taking office. It was his big idea for gathering big thoughts on Hong Kong. He wouldn't otherwise have had many, I gather.

9 Jun 2013 - 2:40am 1 comment

Beijing sets up advisory body with multinationals

Premier Li Keqiang

Beijing has for the first time established an advisory council of multinational heavyweights to help the leadership keep a finger on the pulse of major corporations in vital industries.

Premier Li Keqiang on Wednesday held the first meeting with members of the new "Global CEO Advisory Council" - consisting of 14 business leaders who include the heads of Time Warner, IBM and Dell.

7 Jun 2013 - 3:42am 1 comment

Judge agrees rally zone was remote

A High Court judge yesterday criticised a protest zone set up by police as "really far away" from the demonstrators' target - then vice-premier Li Keqiang.

Mr Justice Andrew Chan Hing-wai spoke out during an appeal by one of the protesters who was convicted of resisting arrest as she tried to break through the police barricade during Li's visit in August 2011.

1 Jun 2013 - 3:38am

What does Chinese premier Li Keqiang think of urbanisation, really?

Chinese premier Li Keqiang

The scale of China’s urbanisation is unprecedented in human history, as Premier Li Keqiang said in his first press conference after taking office. The initiative is not only crucial to the development of China, but also has implications for the rest of the world. Therefore, it is only natural for people to pay close attention to its details and progress.

28 May 2013 - 10:02pm

Germany rejects EU tariffs on Chinese-made solar panels in bid to avert trade war

Li Keqiang and Angela Merkel address a news conference after talks in Berlin yesterday in which trade issues dominated. Photo: Reuters

Germany told the European Commission yesterday that it rejected a proposal to slap tariffs on Chinese solar panel imports. Chancellor Dr Angela Merkel had pledged earlier during a visit by Premier Li Keqiang to take steps to avoid a brewing trade war between China and the European Union.

28 May 2013 - 8:47am

Premier Li Keqiang takes to the world's stage with ease

Premier Li Keqiang arrives in New Delhi. At an official dinner there he surprised his hosts by ordering a vegetarian meal. Photo: EPA

On his maiden, eight-day diplomatic trip as premier, Li Keqiang not only engaged in serious bilateral talks but also attempted to show his personable side to boost the image of the Chinese leadership.

Li expressed his appreciation of foreign culture and appeared self-confident when touching on sensitive issues.

28 May 2013 - 7:47am

Premier Li Keqiang, in Potsdam, warns Japan on postwar vows

Li Keqiang made his remarks during a visit to Cecilienhof Castle in Potsdam yesterday. Photo: AP

Premier Li Keqiang made use of his visit to Germany to send a warning to Japan that no country would be allowed to violate the peace achieved after the second world war.

27 May 2013 - 8:48am 2 comments

How they see it

Chinese Premier Li Keqiang

Premier Li Keqiang's visit to India was an opportunity for both sides to calm troubled waters and this is evidently what they have tried to do. The decision to "encourage" the two countries' special representatives on the boundary question "to push forward the process of negotiations" towards a mutually acceptable settlement will hopefully breathe political life into a process that is at a virtual standstill.

26 May 2013 - 4:35am