CSRC vice-chairman Fang Xinghai makes way for ex-head of regulator's enforcement unit

CSRC vice-chairman Fang Xinghai makes way for ex-head of regulator's enforcement unit

Fang Xinghai, the driving force behind Shanghai's financial center development plan, retired as vice-chairman of China's securities regulator. Li Ming replaces him, signaling Beijing's commitment to market reforms amid stock market challenges.

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