On Oct 29, He Lifeng became the highest-ranking Chinese official in charge of China's economy when he was confirmed as the director of the Central Financial and Economic Affairs Commission. The position was previously held by Liu He. Both officials are considered Xi Jinping's allies. Now that Xi has replaced Liu with He, the outside world is trying to understand who He Lifeng is, how he differs from his predecessor, and how he will guide China's economy in the next few years.
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