PBOC names new policy members

Five positions on the Monetary Policy Committee of the People's Bank of China have been filled, according to an online government statement on Wednesday. The new members are Xiao Jie, deputy secretary-general of the State Council, which is China's cabinet; Wang Bao'an, vice-minister of finance; Pan Gongsheng, vice-president of the People's Bank of China, Xiao Gang, chairman of the China Securities Regulatory Commission and Hu Huaibang, chairman of the China Banking Association.

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