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He Lifeng

He Lifeng

Vice Premier of China

Appears in 5 stories

Office: Vice Premier of the State Council of the People's Republic of China
Born: February 4, 1955, Xingning
Party: Chinese Communist Party
Education: Xiamen University
Previous offices: Vice-Chairperson of the National Committee of the Chinese People's Political Consultative Conference, Chairman of the National Development and Reform Commission

Last updated Nov 11, 2026

Stories

Canada and China sign financial sector agreements, widening bank market access

Rule Changes

Co-chaired the Vancouver dialogue

Canada and China had no working channel between their financial regulators for more than seven years. On November 9, in Vancouver, they signed three.

Updated 6 hours ago

Daiwa, Mizuho clear final hurdles to launch China securities units

Money Moves

Hosted Japanese trade delegations in 2026

China's securities regulator approved Citigroup's wholly owned brokerage on October 23, ending a wait that started with a December 2021 application. Citigroup Securities (China) will be based in Shanghai with 1.2 billion yuan of registered capital, about $178 million.

Updated Oct 25

U.S.-China diplomatic reset under Trump's second term

Rule Changes

China's lead economic negotiator

President Trump and President Xi Jinping moved their countries from tariff war to summit diplomacy in 2026. After a phone call in February, Trump traveled to Beijing in May for the first U.S. presidential visit to China since 2017. The two sides agreed to a 'constructive China-U.S. relationship of strategic stability,' a framework Beijing said would guide relations for three years.

Updated Oct 23

Davos 2026: record leaders gather as US-Europe rift deepens

Rule Changes

As of May 2026: Delivered Day 2 special address at Davos

For 55 years, the World Economic Forum at Davos was neutral ground where adversaries brokered deals. This year, 65 heads of state and nearly 3,000 leaders arrived just 48 hours after Trump announced 10% tariffs on eight European allies. The tariffs escalate to 25% by June unless Denmark agrees to sell Greenland.

Updated May 22

Iran tariffs threaten to unravel the U.S.-China trade truce

Rule Changes

As of May 2026: Leading Chinese delegation at Seoul pre-summit trade talks

The legal foundation for Trump's tariff strategy collapsed on February 20 when the Supreme Court ruled 6-3 that IEEPA does not authorize tariffs. The decision voided both the 25% Iran secondary levy and other emergency-based duties on China. Trump signed a 10% global replacement under Section 122 of the Trade Act within hours, dropping China's effective rate from 47% to about 35%.

Updated May 20