China’s former central bank chief loses leadership role in top advisory body

China’s former central bank chief, Yi Gang, and nine other senior officials were removed from leadership roles in the country’s top political advisory body on the weekend, indicating they had been further sidelined.

“Following a vote, it was decided that … Comrade Yi Gang would no longer serve as vice-chairman of the Economic Committee,” Xinhua reported.

The changes are rare, as they took place in the middle of the group’s five-year term, which began in 2023.

The decision came at a meeting of the Standing Committee of the 14th National Committee of the Chinese People’s Political Consultative Conference that concluded in Beijing on Saturday. Photo: Xinhua
The decision came at a meeting of the Standing Committee of the 14th National Committee of the Chinese People’s Political Consultative Conference that concluded in Beijing on Saturday. Photo: Xinhua

In China, it is a common practice for retired ministerial or deputy ministerial-ranked officials to be assigned to vice-chair roles of various special committees of the National Committee of the CPPCC after vacating key government or Communist Party posts.

Yi and eight of the 10 remain in the advisory body despite losing their various committee positions.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Chinese astronauts enjoy handover BBQ in world first on board space station

Chinese astronauts enjoy handover BBQ in world first on board space station

The delayed return of three astronauts on board China’s space station – while safety checks are carried out after a suspected small debris strike – came hard on the heels of a freshly baked meal of chicken wings and black pepper steak with the incoming crew. In the early hours of Tuesday, state news agency

Digital technology empowers transformation and upgrading of cultural tourism sector in SE. China’s Nanping

BEIJING, Nov. 5, 2025 /PRNewswire/ — Nanping City in southeast China’s Fujian Province is leveraging its rich ecological resources and profound cultural heritage to promote regional synergy, build the “Wuyi Mountains cultural and tourism circle”, and empower all-for-one tourism through digital technology. The total number of tourists and the total expenditure of tourists in Nanping

ET logo

China says extends suspension of extra 24% tariff on US goods

China said on Wednesday it would extend a suspension of additional tariffs on US goods for one year, making official an agreement reached in talks between presidents Xi Jinping and Donald Trump last week. The two leaders held talks in South Korea at the end of October that effectively extended a delicate truce for a

loadingImg

Tech Brief (Nov. 5): China Blames Netherlands for Turmoil After Nexperia Halts Wafer Supply

China blames Netherlands for Nexperia supply issue China’s Ministry of Commerce said on Nov. 4 that the Netherlands is “fully responsible” for the turmoil in the global semiconductor supply chain after Netherlands-based Nexperia on Oct. 26 stopped supplying wafers to its Chinese unit, Nexperia China, preventing it from carrying out normal production. A ministry spokesperson

Hong Kong’s waterfront skyscraper tops global luxury rankings

China’s A.I. dream fuels a growing surveillance state

China’s government is increasingly using artificial intelligence to strengthen its domestic surveillance system. At a recent Beijing security conference, police officials and tech firms showcased AI-driven tools — including robot dogs, facial recognition systems, and emotion-detection software — designed to monitor and manage citizens more efficiently. Source The New York Times Companies collaborating with law

US and Cambodian forces during the Angkor Sentinel drills in 2016, in Cambodia’s Kampong Speu province. The drills are being revived after an eight-year hiatus. Photo: US Army

Why revival of US-Cambodia drills is ‘good news’ for Southeast Asia

The revival of US-Cambodia military exercises after an eight-year hiatus signals Washington’s renewed interest in Southeast Asia and offers Phnom Penh a chance to rebalance its strategic ties beyond Beijing, according to analysts. The long-frozen Angkor Sentinel drills will resume following a meeting between US Defence Secretary Pete Hegseth and his Cambodian counterpart on the

Trump signs order to lower fentanyl-related tariffs targeting China

Trump signs order to lower fentanyl-related tariffs targeting China

US President Donald Trump signed an order on Tuesday to lower fentanyl-related tariffs on Chinese products, formalising a key part of his deal with Chinese leader Xi Jinping after their first face-to-face talks in years. Shortly after returning to the presidency this year, Trump imposed additional tariffs of 20 per cent on goods from China

China declare support for Nigeria, oppose US President Trump threat of military action

Wia dis foto come from, Getty Images/Nigeria Presidency/Chinese Embassy in Nigeria 4 November 2025 New Informate 5 hours wey don pass China don kick against US threats of sanctions or military actions against Nigeria on top allegations of Christian genocide for di kontri. Di Chinese govment announce dia position wen dia Foreign Ministry tok-tok pesin