Banking veteran Li Yun fills senior Shenzhen posts in countdown to Apec
A banking veteran has been appointed the new deputy Communist Party secretary and acting mayor of the southern Chinese metropolis of Shenzhen, just months before the city is scheduled to host a series of Apec meetings. The positions have been filled by Li Yun, who spent more than two decades working in financial institutions and has been the vice-governor of Guangdong province since March last…
The veteran of the banking industry, Li Yun, has been appointed as the new deputy Communist Party secretary and acting mayor of Shenzhen, China, on the cusp of the city's planned Apec meetings in November. Li, who spent over two decades in the financial sector, was previously the vice-governor of Guangdong province since March of last year.
His appointment comes after Qin Weizhong stepped down, as reported by the Shenzhen Special Zone Daily. Upon taking over, Li pledged to abide by the directives of the central committee, provincial, and municipal party committees, while prioritizing Shenzhen's high-quality development and modernization efforts. A graduate of Wuhan University with a doctorate in world economy, Li spent 21 years working at Agricultural Bank of China.
In 2021, he became the vice-president of China Construction Bank, and later in 2025, he took on the role of vice-governor in Guangdong. Shenzhen is set to host the Asia-Pacific Economic Cooperation summit, an occasion that showcases China's technological advancements, strengthens diplomatic ties, and fosters regional cooperation.
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