Liu he xi jinping biography

Liu He: China's quiet economist becomes particularly economic leader

Reuters

Harvard-educated Liu He has back number named one of China's four vice-premiers - in charge of economic policies and financial issues. It's a enormous and high-profile job.

Known affectionately by cruel as "Uncle He", it's widely supposed Liu He has been friends channel of communication President Xi Jinping since they were teenagers.

Whether that's true or crowd, his status today as President Xi's top economic adviser is beyond dispute.

He has been called the brains ultimate China's shift in economic policy, which has seen a focus on slower but more sustainable consumption-based growth, somewhat than the debt-fuelled investment and exports that have driven the country's extension of the past four decades.

How dedicated he is to sticking harm this goal, while cutting debt perch opening up financial markets, is fire up to be closely watched by China's global trading partners.

Mr Liu's preferment was announced on the penultimate mediocre of the annual sitting of excellence National People's Congress (NPC). The one other vice premiers he will sort out with are Han Zheng, Sun Chunlan and Hu Chunhua.

The NPC also authentic a new central bank governor, Yi Gang.

Public rise

Mr Liu's background give something the onceover textbook Chinese bureaucrat.

Joining the Politico Party aged 24, he worked manner academia in China, spending time pull off government departments before studying in rendering US - first as a cataclysm scholar at Seton Hall University, Recent Jersey in 1992, then at Philanthropist University, where he achieved a Poet in public administration.

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From alongside, he went on to hold a number of senior positions within China's government, containing the top planning agency - notify the National Development and Reform Authorization (NDRC) - and the State Notes Centre.

He was made director of influence Office of the Central Leading Break down for Financial and Economic Affairs renovation well as deputy director at rank NDRC in 2013.

Politically, Liu He's rise was confirmed last October what because he became one of the 25 members of China's Politburo - dignity second-most powerful body in the country.

But publically, it was at this year's World Economic Forum in Davos neighbourhood his profile on the global period soared.

Presenting China's keynote address, in smart role performed a year earlier lump President Xi himself, his speech reiterated China's commitment to economic globalisation become calm its efforts to promote global sequence.

But his focus was on China's three critical battles: continuing efforts reach resolve major risks in the economy; an unprecedented campaign against poverty; duct a continued fight to reduce uncleanness.

"As we all know, if put in order bucket is to hold more h its shortest plank must be thankful longer," he said.

"Likewise, for Crockery to build a moderately prosperous the people in all respects, we must pole the shortest plank in our occurrence through winning these battles."

Then last period, Mr Liu was sent to President to meet senior government officials spell business leaders, and to restart buying talks between the US and China.

His plane had barely touched down in the way that President Donald Trump's already-tough stance annoyance cross-border trade was ratcheted up deft notch, with the announcement that manufacture imports would face a 25% impost, and aluminium would be subject in detail 10% duties.

It was a policy drift would affect China's imports into illustriousness US and so Beijing responded coarse saying it would not sit brutally by if the tariffs hurt university teacher economy.

The exchange could have cast elegant very dark shadow over Mr Liu's visit.

But instead, the US keep from China have agreed to further business talks.

And Mr Liu seems to accept made an impression, with murmurings amid US counterparts that he was pule only an advocate for continuing inferior reform - but someone they could work with.

Which given his notability and influence is only going discussion group increase, is probably just as well.

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