Economics
CIC, PetroChina, BOC Heads Get Communist Party Promotions
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The chairmen of China’s sovereign wealth fund, largest energy company, fourth-biggest bank and top airplane maker were given higher positions in a ruling Communist Party undergoing a once-a-decade leadership change.
China Investment Corp.’s Lou Jiwei, China National Petroleum Corp.’s Jiang Jiemin, Bank of China Ltd.’s Xiao Gang and Aviation Industry Corp. of China’s Lin Zuoming were yesterday named full members of the Communist Party’s central committee. The four were previously alternate members.