On the move

SOEs name deputy Party chiefs in big reshuffle

The State-owned Assets Supervision and Administration Commission of the State Council made top-level staff changes at 14 State-owned enterprises on April 13. Seven of them were for the position of the deputy Party chief. China Electronics Technology Group Co appointed Liu Liehong as its deputy Party chief and State Grid named Xin Baoan for the same position in its organization. Deputy Party chief ranks below the general manager and above other deputy managers. Li Jin, an expert in SOE reformation, said the appointments reflect the balance between Party's governance and marketization of SOEs.

Ji Xiaohui, SPD Bank chairman, retires