Premier Li Qiang takes an oath after being elected during the fourth plenary session of the National People's Congress at the Great Hall of the People in Beijing, China on March 11, 2023. GREG BAKER/Pool via REUTERS
Li takes office as tensions rise with the West over a host of issues including US moves to block China's access to key technologies and as many global companies diversify supply chains to hedge their China exposure due to political risks and the disruptions of the COVID era. Still, Li's close ties with Xi — Li was Xi's chief of staff between 2004 and 2007, when the latter was provincial party secretary of Zhejiang province — will empower him to get things done, leadership-watchers said.
He will make his closely watched debut on the international stage on Monday during the premier's traditional media question-and-answer session after the parliamentary session ends. Li's top task this year will be beating that target without triggering serious inflation or piling on debt, said Christopher Beddor, deputy China research director at Gavekal Dragonomics.
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