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China leadershipi

The Chinese Communist Party's 18th Congress, held in Beijing November 8-14, 2012, marked a key power transition in China. A new generation of leaders, headed by Xi Jinping and Li Keqiang, took over from the previous leadership headed by Hu Jintao. The Communist Party's Politburo Standing Committee was reduced in number from nine to seven. Unlike his predecessor Jiang Zemin, Hu Jintao handed over both the Party General Secretary and Chairman of the Central Military Commission positions to Xi.  

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China is all the poorer for the death of the ‘people’s premier’ Li Keqiang, who always showed his caring side even as he steered the nation through some of its most difficult moments.

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The ultra-leftist revival threatens Xi’s plans to revive the economy and turn China into a dominant world power by 2049. It’s time to curb these ultra-nationalistic tendencies and return to pragmatic reform and development.

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  • President Xi Jinping to chair meeting to be attended by ministry-level officials from Beijing and by provincial officials, during his Shanghai visit, sources say
  • Xi will issue instructions for making new policies that can help coordination between various regional governments and regulators, and hasten economic growth, they say

The unexpected appointment makes him the first official to lead a top Communist Party organisation that would typically be chaired by Chinese president.

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The Communist Party’s Central Financial Commission has been convened, with Premier Li Qiang at the helm, to oversee finance more directly and get ahead of potential sources of economic risk.

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Premier Li Qiang presided over a meeting of the Central Financial Commission as director and laid out the immediate trajectory of the commission’s work.

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This year’s central financial work conference stressed greater control of the Communist Party over the finance sector, indicating a desire to manage risk – and a lack of interest in putting financial institutions on a similar track as their Western counterparts.

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Official obituary of former leader, who died in Shanghai on Friday, hails his contributions to the economy, belt and road, poverty relief and his support for President Xi Jinping.

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China’s former vice-premier may be staying out of the public limelight, but President Xi Jinping has kept the 71-year-old in a position of influence, skirting customs and traditions in difficult economic times.

China’s State Council also puts the onus on local governments to bolster support for those most in need, including the poor and elderly, while also vowing to keep them warm this winter.

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Chuck Schumer and Mike Crapo also plan to meet members of the US business community in Shanghai. The White House is aware of the senators’ plans, people familiar with the matter said.

The president addresses some oft-mentioned gripes among the international community, acknowledging that China must do more to open up to the rest of the world.

Real estate policies across China will be adjusted faster to help the nation cope with ‘setbacks’ from the ebb and flow of economic development in a post-Covid climate, according to the 24-member Politburo.

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Comments show China harbours no ‘illusions’ about the fallout of its rivalry with the US and has little hope of a lasting improvement in ties, analysts say.

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China’s first formal economic assessment by its new leadership line-up offers insight into how they will support growth while trying to stabilise the nation’s economy.

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