Zhang Yi has been appointed chairman of the State-owned Assets Supervision and Administration Commission of the State Council following the arrest of predecessor Jiang Jiemen, reports say
Zhang Yi has been promoted to the position of chairman of the State-owned Assets Supervision and Administration Commission of the State Council (Sasac), according to Xinhua’s online database of human resources.
Although the official website of Sasac hasn’t yet updated its leadership page to include Zhang, many state-owned enterprises – including the China Silk Corporation and the China National Cotton Reserves Corporation – have given the 63-year-old the title ‘chairman’ in their company archives and press releases.