National Financial Regulatory Administration

China makes room for younger faces on middle rungs of Communist Party promotions ladder

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China makes room for younger faces on middle rungs of Communist Party promotions ladder

A slew of cadres in their early 50s clinched significant administrative positions with full ministerial rank this year, as China’s ruling Communist Party moves younger faces into mid-tier leadership positions. The latest to be promoted was Liu Jie, 54, who was made acting governor of Zhejiang in eastern China on December 18. Zhejiang is well-known … Read more

Senior official with China’s new financial regulator targeted in corruption probe just a week into the job

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Senior official with China’s new financial regulator targeted in corruption probe just a week into the job

A senior official from China’s new financial regulatory body has been detained by the country’s top anti-corruption watchdog, according to official announcements. The Central Commission for Discipline Inspection (CCDI) said on Tuesday that Ren Chunsheng, leader of the preparatory team for the Complaint Mediation Centre of the National Financial Regulatory Administration (NFRA), was under investigation … Read more