Caixin OnlineFinance & EconomicsTop Stories Finance In Friday's Papers: CSRC Denies Reported Leadership Change; Return Tax Powers, NPC Delegate Tells Cabinet
03.08.2013 15:59

In Friday's Papers: CSRC Denies Reported Leadership Change; Return Tax Powers, NPC Delegate Tells Cabinet

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CSRC Denies Reported Leadership Change

The China Securities Regulatory Commission (CSRC) is denying a foreign media report that its chairman, Guo Shuqing, is leaving to head China Investment Corp. Reuters said on March 7 that Guo would take over the sovereign wealth fund. It also said Gao Hucheng would rise from vice minister of commerce to head the ministry. The appointments "of seasoned, English-speaking financial negotiators" reflected the new leadership's desire to "make commercial logic a major thrust of the push for market access," the news agency said.

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