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Saturday, March 24, 2018

China unveils brand new cabinet to run revamped govt under President Xi Jinping Monday March 19,2018



China on Monday  March 19,2018 appointed a whole new set of top officials, including a Defence Minister, to head a revamped government, days after President Xi Jinping began his second five-year tenure following the removal of the two-term limit.

The new line-up approved by the National People’s Congress includes four Vice-Premiers - Han Zheng, Sun Chunlan, Hu Chunhua and Liu He.

Their names were approved by nearly 3,000 deputies of the NPC after they were proposed by Premier Li Keqiang, who himself was reappointed to the post under the new political setup headed by Mr. Xi.

Mr. Xi was re-elected last week for a second five-year term, days after the NPC ratified constitutional amendment, removing term limits for President and Vice-President. His close confidant and former anti-corruption chief Wang Qishan has been elected as the Vice-President.

Vice-Premier Liu He is expected to play a bigger role in the management of the Chinese economy.
While Chinese Foreign Minister Wang Yi has been elevated as the State Councillor which makes him a top diplomat holding dual posts, another key appointment from India’s point of view was that of the appointment of Lt Gen Wei Fenghe as the new Defence Minister.

Gen. Wei is widely regarded as the man behind the international face of China’s rapid military modernisation and its reorganisation. He played a key role in splitting the strategic missile force into two parts of Rocket Force and the Strategic Support Force.

Chen Wenqing remains the security czar overseeing internal security, including espionage and counterintelligence as well as counter terrorism specially in the volatile Xinjiang province.

Yi Gang, a reformist, has been appointed as the new governor of its central bank, the People’s Bank of China, marking the first change at its helm in 15 years.

He will replace Zhou Xiaochuan who has headed the central bank for more than 15 years during which China has transitioned to become world’s second largest economy replacing Japan.

Mr. Yi was deputy to Mr. Zhou and was head of the State Administration of Foreign Exchange which oversees the country’s over USD 3 trillion forex reserves, the highest in the world.

The new appointments came as China unveiled a massive reshuffle plan of various ministries to make the government better-structured, more efficient and service-oriented, affecting more than two dozen ministries and organisations.

The new revamped administration will have 26 ministries and commissions of the State Council which is the central Cabinet. The new entities included ministry of natural resources, veterans’ affairs and emergency management.

The plan includes merger of the Ministry of Culture and National Tourism Administration into one.
The sweeping changes include the merger of China’s banking and insurance regulators and the setting up of a special bureau to oversee immigration issues

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