BEIJING: China's parliament on Saturday (Mar 11) confirmed Li Qiang as the country's new premier, with the task of managing the world's second-largest economy. The former Shanghai party chief replaces
major party congress in October when Chinese President Xi Jinping unveiled a leadership lineup stacked with loyalists.
Expectations of Li are based on his credentials as party chief of the country’s largest city Shanghai and governor of neighbouring Zhejiang province - a hub of small- and mid-sized businesses - as well as and perhaps more importantly, his close ties with Xi. Three years later, Li was appointed party chief of Jiangsu province, an economic powerhouse on the east coast of China, marking the first time he held a position outside his home province. In 2017, he was named party boss of Shanghai, a role held by Xi before the president stepped into China’s core leadership roles.
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