China appoints Li Yunze as head of new financial regulatory body

This undated photo shows Li Yunze. (PHOTO / THE PEOPLE'S GOVERNMENT OF SICHUAN PROVINCE)

China appointed Li Yunze as Party secretary of the new national financial regulatory administration on Wednesday.

Li was vice-governor of Sichuan province. Prior to that position, he was vice-president of the Industrial and Commercial Bank of China, the country's largest State-owned commercial lender.

jiangxueqing@chinadaily.com.cn