China names Li Qiang premier nominally in charge of economy
- At the opening of the annual congress session on Sunday, outgoing Premier Li Keqiang announced plans for a consumer-led revival of the struggling economy, setting this year’s growth target at “around 5%.” Last year’s growth fell to 3%, the second-weakest level since at least the 1970s.
- Li is best known for having enforced a brutal “zero-COVID” lockdown on Shanghai last spring as party boss of the Chinese financial hub, proving his loyalty to Xi in the face of complaints from residents over their lack of access to food, medical care and basic services.
- BEIJING (AP) — China on Saturday named Li Qiang, a close confidant of top leader Xi Jinping, as the country’s next premier nominally in charge of the world’s second-largest economy now facing some of its worst prospects in years.
- He takes on the job as authority of the premier and the State Council, China’s Cabinet, has been steadily eroding as Xi shifts more powers to bodies directly under the ruling Communist Party.
- That came a day after Xi, 69, secured a norms-breaking third five-year term as state leader, setting him up to possibly rule for life.
- As with Xi’s appointment on Friday, there was no indication that members of the NPC had any option other than to endorse Li and other officials picked by the Communist Party to fill other posts.
BEIJING (AP) China on Saturday named Li Qiang, a close confidant of top leader Xi Jinping, as the countrys next premier nominally in charge of the worlds secondlargest economy now facing some of its [+3282 chars]