Muzi.com News Gallery Library Forum Celebrity Movies Chinastar Regions Channels
Set Home|Subscribe|Premium Home|MyMuzi

Home | Headlines | Photos | Region | People | Time | Events | Business | Sports | Showbiz | IT | Politics | Military | Society | Education | Life | Health | Most-viewed Story | Most-viewed Coverage
  Muzi.com : Muzi (English) : News
  China officials silent on leadership
Last updated: 2007-10-18


China officials silent on leadership
2007-10-18

Nations
China
States
Liaoning
People
Xi Jinping
Li Keqiang
Wen Jiabao
Hu Jintao
Event
2007 CCP 17th Congress
Company
China Construction Bank
Communist Party delegates on Thursday reviewed candidates for committees that will determine China's leadership and influence policy-making for the next five years.

Meanwhile, intense speculation continued over new appointments resulting from the party's weeklong congress, which is due to end Sunday.

The latest official to be asked about his future, China Construction Bank chairman Guo Shuqing, shrugged off a question as to whether he was up for appointment as China's next central bank chief.

"Rumor. Unfounded," Guo said with a chuckle, then called on the next reporter at a news conference.

On Wednesday, senior leaders approved an initial list of members recommended for selection to the party's Central Committee, which usually has about 400 full and alternate members.

The names, number of seats available, and even the voting method have not been made public.

During the remaining days of the congress, held every five years, delegates will winnow the candidate list down in a primary election, followed by a final vote that likely will be carefully scripted by the leadership.

Immediately afterward, the new Central Committee will meet to select a Politburo, which currently has 24 members. The Politburo will then choose its Standing Committee, the pinnacle of Chinese political power.

With at least two Standing Committee members retiring because of age and one slot vacant due to a death, deciding the new leadership lineup is the most important task before the congress. The committee's size varies, but it was expanded to nine at the last congress in 2002.

Speculation about the top candidates has been furious among political watchers and officials up and down the party and civil service whose careers often depend on personal ties.

President Hu Jintao's spot as party leader is not under threat, but he is believed to face challenges in promoting allies, including a potential successor for when he steps down, perhaps in five years.

A protege, Li Keqiang, the 52-year-old party head of the industrial province of Liaoning, has encountered resistance from other party leaders who fear giving Hu too much sway.

Other government positions may also be decided, reportedly to include new defense and public security ministers.

While the economy's chief minder, Premier Wen Jiabao, is expected to keep his post, a raft of top economic portfolios are up for grabs. At least two vice premierships, which have in the past overseen financial and industrial reforms, are open, and the central bank governor is likely due for a transfer.

Party officials say the number of final candidates for the Central Committee will outnumber seats, offering the 2,200-plus delegates a modicum of choice in determining the future lineup for running the country.

Xinhua said the list of delegates was prepared by a special working group under the current Politburo.

Uncertainty remains over how many candidates will fail to make it onto the committee. Five years ago, 5 percent were eliminated. Officials have not said what the margin would be this year, but there has been speculation it might rise to as much as 10 percent.

 China Construction Bank   2007 CCP 17th Congress 
  Profile2 News99Gallery4Links  
  Geely taps China banks to back $1.8 billion Volvo deal (2009-12-01)
  Geely taps China banks to back Volvo deal: sources (2009-11-30)
  Strong China trade, loan figures back recovery case (2009-10-14)
  JPMorgan tops strong bank list, RBS biggest loss (2009-06-23)
  China's CCB says Bank of America partnership sound (2009-01-09)
  China's struggling airlines get tax break (2009-01-09)
  Bank of America sells shares in Chinese bank (2009-01-07)
  HK stocks fall as China Construction Bank dives (2009-01-07)
  HK stocks rise on talk of China rate cut (2008-11-21)
  Banks lead world markets lower (2008-11-18)
  China gives Agricultural Bank $19 billion bailout (2008-11-07)
  Asia, Europe markets sink after Wall Street plunge (2008-09-05)
  China stocks see the largest weekly fall since '96 (2008-06-14)
  Trading in Bank of China suspended in Shanghai (2008-01-22)
  Chinese bank shares fall sharply (2008-01-21)
  "Stock" beats "sex" on Google China (2008-01-03)
  Chinese stock market wraps up year (2007-12-30)
  Bank of America, Wachovia shares down on warnings (2007-12-12)
  BofA $3B write-down adds to credit angst (2007-11-13)
  China officials silent on leadership (2007-10-18)
  China Construction Bank attracts record funds in Shanghai IPO (2007-09-18)
  China regulator OK's lender IPO (2007-09-07)
  Countrywide up as financials' liquidity worry eases (2007-08-23)
  China to inject 40 billion dollars into debt-laden Agricultural Bank (2007-08-06)
  Bear Stearns held talks to sell stake to China: WSJ (2007-08-06)
Related Events
  • 2005 CCB Scandal
  • Hong Kong Markets
  • Asian Markets

  • Stories Coverages

    NewsGuide EventCityPeopleShowCompany 
     ENTSportsBIZEDULifeMilitaryPoliticsSocietyHealth 


    [2009 US Health Reform]: It's now Democrat vs. Democrat on health care (09:00 12/18)


    [111th Congress]: It's now Democrat vs. Democrat on health care (09:00 12/18)


    [Copenhagen Climate Meeting]: Official: Obama, Chinese move forward on climate (09:00 12/18)

    [China-U.S.]: Official: Obama, Chinese move forward on climate (09:00 12/18)


    [2009 GM Bankruptcy]: GM to discontinue Saab after deal talks collapse (09:00 12/18)


    [2008 U.K. Recession]: British borrowing rockets to record high (09:00 12/18)

    [Global Financial Crisis]: Chinese banks hide growing credit risks: Fitch (09:00 12/18)

    [2008 Mumbai Terror Attack]: Mumbai attacks suspect says he was framed (09:00 12/18)


    [Anti-terror War in Pakistan]: Suicide bomber near NW Pakistan mosque kills 10 (09:00 12/18)


    [Somalia Piracy Crisis]: Somali pirates release Greek-owned ship, 21 crew (09:00 12/18)



    Muzi.com

    Muzi.com : About | Sitemap | Ads | Contact
    All Rights Reserved 1994-2006 - All rights reserved.