Macro-Economy
China to maintain policy stability, continuity
Last Updated:2013-03-13 15:57 | Xinhua
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Zhou Xiaochuan, China's central bank governor, speaks at a news conference on China's currency policy and financial reform held by the first session of the 12th National People's Congress (NPC) in Beijing, capital of China, March 13, 2013. (Xinhua/Qin Qing)

China's central bank governor Zhou Xiaochuan said Wednesday China will maintain the stability and continuity of those "good policies" no matter who becomes new governor of the People's Bank of China.

When asked whether he would serve as the PBOC governor for a third term at a press conference on the sidelines of the parliament's annual session, Zhou was reluctant to give a clear answer, saying "there is established procedures (on the appointment of the new governor of the PBOC)."

"I'm not in an appropriate position to answer this question," Zhou said. "Up to this moment, I have no idea about this."

Nearly 3,000 Chinese lawmakers will vote through a secret ballot in person in the coming days to elect and appoint state leaders for the country's legislative, administrative and judicial organs.

They will on Saturday decide on vice premiers, state councilors, government ministers, the central bank governor and chief auditor, who form the country's cabinet.

On Thursday, the deputies to the 12th National People's Congress will vote to elect the chairman, vice chairpersons, general secretary and members of the 12th NPC Standing Committee.

On the same day, they will elect the country's president and vice president as well as chairman of the Central Military Commission (CMC) of the People's Republic of China.

On Friday, lawmakers will vote to decide on the premier and CMC vice chairpersons. They will also vote to elect heads of the Supreme People's Court and the Supreme People's Procuratorate, the country's chief justice and procurator-general.

 

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