BEIJING, Oct 24 (Reuters) - China has appointed Lan Foan, a technocrat with little central government experience, as the new finance minister, state media said on Tuesday, as the government ramps up fiscal stimulus in a bid to revive the economy.
Lan, 61, who was named the Communist Party chief at the finance ministry last month, has succeeded Liu Kun who had been finance minister since 2018.
Previously, Lan was the party chief of the northern Chinese Shanxi province.
He transferred to Shanxi in 2021, as the province's vice party chief, before becoming the party chief in December 2022.
Liu, China's finance minister since 2018, has surpassed the official retirement age of 65 for minister-level officials.
Persons:
Lan Foan, Liu Kun, Lan, Liu, Kevin Yao, Alison Williams
Organizations:
Communist Party, Hubei University of Finance, Economics, Thomson
Locations:
BEIJING, China, Shanxi, Beijing, Guangdong