Zhongxin Finance, June 22. According to the China government website on June 22, the General Office of the State Council issued a notice on the adjustment of the members of the Monetary Policy Committee of the People's Bank of China.
The following is the full text:
Notice of the General Office of the State Council on Adjusting the Composition of the Monetary Policy Committee of the People's Bank of China
State Office Letter [2022] No. 52
The People's Bank:
Your bank's request for the appointment and removal of members of the Monetary Policy Committee (Yin Fa [2022] No. 129) has been received.
With the approval of the State Council, you are hereby notified of the adjustment of the members of the Monetary Policy Committee as follows:
It is agreed that Xu Hongcai will serve as a member of the Monetary Policy Committee, and Yu Weiping will no longer serve as a member of the Monetary Policy Committee.
Office of the State Council
June 16, 2022 (End)
Screenshot of information from the Chinese government website.