Hong Kong Media: Liu He still supervises the Central Finance and Economics Committee

Hong Kong media quoted sources that the retired former Chinese Deputy Prime Minister Liu He was still the director of the office at an important economic decision -making institution led by Chinese President Xi Jinping.

The South China Morning Post on Tuesday (October 24) quoted sources saying that although the new leadership team has taken over the leading Chinese economy, there is no sign that Liu He intends to retire completely.

It is reported that during the second term of Xi Jinping, Liu He served as the director of the Office of the CPC Central Committee of the Finance and Economics Committee.Today, he has stepped down as a member of all government and members of the Politburo, but unlike other retired officials, Liu He still continues to supervise the Central Finance and Economic Council.

The Central Finance and Economic Commission was established in 2018. It was formerly the leading group of the Central Finance and Economics.In October last year, the Communist Party of China held the 20th National Congress, about half a year, and the committee held the first meeting in May this year.

Xi Jinping, who is also the director of the Central Finance and Economics Committee, presided over the meeting that the new Central Finance and Economic Commission should continue to play the role of formulating major economic work, further strengthen and improve the central government's central government's centralized unification of economic work in economic worklead.

The South China Morning Post reported that although Liu He no longer appeared in public, he was still one of the people who visited China to visit China.It is said that the US Treasury Minister Yellen, the US Minister of Commerce Raymondo, and some European leaders seemed to seek meeting with him during his visit to China.

Earlier, the South China Morning Post quoted five sources in June that Liu He still participated in the internal meeting of the Chinese government's economic affairs after unloading all his positions, and had great influence.

A source said that Chinese leadership highly evaluates Liu He's rich experience and knowledge.Another source said: "Liu He is asked to provide opinions on issues such as Chinese economic policies and how to deal with the United States on trade and economic issues."