He Lifeng: China's economy tsar made director of key Party commission
© Reuters. FILE PHOTO: Chinese Vice Premier He Lifeng attends a joint press conference following the 10th China-EU High-Level Economic and Trade Dialogue at the Diaoyutai State Guesthouse in Beijing, China September 25, 2023.
State media for the first time referred to He by his latest title in a readout of his meeting with a visiting French official on Sunday. "He Lifeng is in the post to execute Xi's ideas but not to question him, as Liu He could," said an advisor who had sometimes sat in on briefings with both He and Liu, and spoke on condition of anonymity.
The world's second-largest economy grew faster than expected in the third quarter, though it is suffering from a domestic property crisis, high youth unemployment, depressed private sector confidence, and a slowdown in global growth.
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