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China Naming Harvard-Educated Liu to NDRC May Hail Policy Shift

Liu He was appointed as a vice chairman of China’s top economic-planning agency, a sign that President Xi Jinping’s government may be preparing to quicken market-driven policy changes to sustain growth.

The National Development and Reform Commission’s website today showed Liu, previously Communist Party secretary of the State Council’s Development Research Center, as one of 11 deputies. He was also promoted this month to director of the Office of the Central Leading Group on Financial and Economic Affairs from deputy director, his online biography shows.