A career banker and head of a state-run financial conglomerate, Zhu Hexin, is likely to become governor of China's central bank after next month's annual session of parliament, according to people familiar with the matter.
The news was first reported on Thursday by the Wall Street Journal, which also said He Lifeng, head of China's state planning agency and a longtime confidant of President Xi Jinping, is likely to become the central bank's Communist Party chief.
