China's Lifeng named head of office of Central Financial Commission November 05, 2023 at 10:58PM

One of China's vice premiers, He Lifeng, has been appointed head of the office of the Central Financial Commission (CFC) - which is responsible for running the day to day affairs of the new regulator tasked with overseeing the country's vast financial sector. He was also appointed as party chief of a separate Central Financial Work Commission, which has been set up to strengthen the ideological and political role of the party in China's overall financial system.