Chinese Vice-Premier He Lifeng’s growing influence on economic policy shown as former subordinate joins top finance policy body

Yan Pengcheng, who served under He in various roles at the National Development and Reform Commission (NDRC), has been appointed as a deputy head of the general office of the Central Financial and Economic Affairs Commission. The latter is a powerful Communist Party body responsible for managing the world’s second-largest economy and He is director … Read more

US and China officials to meet in Beijing this week, furthering economy talks

US and Chinese officials will hold talks on economic issues in Beijing this week, in the latest round of re-engagement between the world’s two largest economies. A five-person delegation from the US Treasury will meet Chinese counterparts, according to a Treasury official who asked not to be named. US Treasury Secretary Janet Yellen plans another … Read more

Chinese vice-premier urges support for listed firms to help stabilise battered stock market

Chinese vice-premier He Lifeng has called for improvements in the performance and profitability of listed firms, a signal that Beijing wants to see more support for China’s ailing stock market and a boost in confidence along with it. He made the remarks during a nationwide teleconference attended by cadres from all regions on Monday, during … Read more