China names Xiao Jie as Finance Minister

The Chinese government has appointed Xiao Jie as its new Finance Minister, China’s official state news agency Xinhua reported on November 7.

Xiao replaces Lou Jiwei, who held the position since March 2013.

Xiao’s previous posts include Deputy Secretary-general of the State Council, chief of staff of Premier Li Keqiang, Deputy Director of the State Council Leading Group for the Nationwide Economy Census, and director and Secretary of Leading Party Group of the State Administration of Taxation.

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