Xi Confirmed as Third-Term President; Other Votes: NPC Update

China is overhauling many of its regulatory bodies in the biggest bureaucratic revamp in decades. This is part of a broader push for economic self-sufficiency in the face of US efforts to prevent Beijing from obtaining advanced technology. Stephen Engle reports on Bloomberg Television.Source: Bloomberg

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By Bloomberg News

March 8, 2023 at 10:03 AM UTC

Updated on

March 10, 2023 at 10:49 AM UTC

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Chinese lawmakers on Friday unanimously voted to give Xi Jinping a third term as president, completing his quest for continued supreme power to lead the world’s No. 2 economy.

The National People’s Congress also installed former anti-graft chief Zhao Leji to chair the top legislative body’s standing committee. The NPC gave the vice presidency to Han Zheng, who replaces Wang Qishan.