(Hong Kong News) Hong Kong media reported that Chinese officials were unexpectedly appointed Premier Li Qiang as the director of the Central Financial Committee, showing that Chinese officials considered changing the overall policy direction during the economic downturn.
According to the Hong Kong South China Morning Post on Saturday (November 25), Li QiangbenOn the 20th, he debuted as the director of the Central Financial Committee , showing that he has become the first official to serve as the top leader of the CCP institution. This position is usually held by Chinese officials.
Reported that this surprise appointment that surprised many people seemed to continue the trend of granting more responsibilities to his deputy to his deputy since the third term.
Reporting quotes anonymous scholars' analysis. Some of the reasons for Li Qiang's appointment may be that as Beijing seek to boost the economy and improves relations with Washington, Chinese officials are considering some overall adjustments to policy formulation.
The scholar said that in the case of difficulty managing financial work, Chinese officials may want Li Qiang to take more responsibilities, "signs that Chinese officials are decentralizing some power and make important adjustments to internal affairs and foreign policies."
However, Nis Grünberg, chief analyst at Merics Research Institute of German Think Tank, believes that it is too early to conclude that the conclusion on the official decentralization of Chinese officials is now.He said that the upcoming Third Plenary Session may release more signals.
He Qingshan's analysis, the reason for Li Qiang's appointment may also be Li Qiang as the Prime Minister, and has the right to contact the state regulatory agency, which can help the committee better coordinate the relationship between ministries and commissions and financial institutions.
But He Qingshan warned that the impact of Li Qiang's leadership on China's financial situation should not be overestimated. The challenges facing China are not a problem that a single leader or committee can solve.
