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Aug 30,2007
China finance minister leaves post
by UPI

BEIJING - China's Finance Minister Jin Renqing resigned Thursday and was appointed to a less senior position, the state-run Xinhua news agency reported.

Jin, 63, had been the subject of news reports that he had been shunted aside as part of a corruption investigation, Japan's Kyodo news service said.

The government issued a brief statement indicating Jin had resigned for "personal reasons" and that it had been accepted by Chinese President Hu Jintao.

The State Council appointed Jin as vice-president of Development Research Center of the State Council, Xinhua said.

His replacement was named as Xie Xuren, 59, former director of the State Administration of Taxation, the report said.

Copyright © 2007, by United Press International. All Rights Reserved.

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