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Xi ally Wang Qishan behind Beijing's selection of young leaders

Many appointees are in their 40s and former top bankers

BEIJING -- China's top decision-making body, led by President Xi Jinping, recently promoted a succession of young leaders in their 40s to high-level official positions.

The Politburo Standing Committee appointed nearly 20 individuals to vice governor-level posts, including the vice mayor of Chongqing and vice governor of Fujian Province. Many of them formerly belonged to the Communist Party's Central Commission for Discipline Inspection, which oversees the financial sector and is in charge of exposing corruption.

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