China’s Communist Party to meet ahead of government reshuffle

BEIJING: China’s ruling Communist Party will hold a three-day meeting of its top officials starting on Monday, state news agency Xinhua said yesterday, which will likely discuss and decide on key personnel decisions ahead of a government reshuffle next month.

In a brief statement following a meeting chaired by President Xi Jinping, who is also head of the party, Xinhua said the party’s Central Committee would hold a plenary session from Feb 26 to Feb 28.

It did not provide any other details. The Central Committee is the largest of the party’s elite decision-making bodies, and is made up of 204 full members and about 170 alternate members.

While important party posts were unveiled at a party congress in October, government positions still need to be finally decided and formally voted on at the annual session of the largely rubber-stamp parliament which opens on March 5.

Posts that parliament will need to be give its official approval for include cabinet positions like the premier and ministers and also the chiefs of regulators like the central bank.

Liu He, a Harvard-trained economist who is a trusted confidant of Xi’s, has emerged as the front-runner to be the next governor of the central People’s Bank of China, according to three sources with knowledge of the situation. — Reuters