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Caixin Global
Caixin Global
Business
Qing Na

Premier Li Takes Helm of China’s Top Financial Regulator

China CFC Li Qiang

What’s new: Premier Li Qiang has taken over as chief of the Central Financial Commission (CFC), a Communist Party body that oversees China’s 449 trillion yuan ($62.1 trillion) financial sector.

Li chaired a CFC meeting on Monday, approving a plan that aims to promote “high-quality” development of the sector, the state-run Xinhua News Agency reported.

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