The National People's Congress endorsed Li in a largely ceremonial vote at the Great Hall of the People in Beijing on Saturday morning. Li got 2,936 votes, with three votes cast against him and eight abstained.
Even so, much of the new premier's efforts are likely to be concentrated on trying to turn around the fortunes of the Chinese economy, which recently set a GDP growth target for this year of about 5% — the lowest in decades. Xi identified Li Qiang, a former Communist Party boss of Shanghai who presided over the city's chaotic two-month lockdown, as the man to take on these challenges during a leadership reshuffle in October.
Li is the first premier since the Mao era not to have previously worked at the State Council, China's cabinet, as vice premier, analysts say.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Source: gmanews - 🏆 11. / 68 Read more »