China Names Li Qiang Premier, Tasked with Reviving Economy

China's President Xi Jinping (R) shakes hands with newly-elected Premier Li Qiang (L) during the fourth plenary session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on March 11, 2023. (Photo by GREG BAKER / POOL / AFP)
China's President Xi Jinping (R) shakes hands with newly-elected Premier Li Qiang (L) during the fourth plenary session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on March 11, 2023. (Photo by GREG BAKER / POOL / AFP)
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China Names Li Qiang Premier, Tasked with Reviving Economy

China's President Xi Jinping (R) shakes hands with newly-elected Premier Li Qiang (L) during the fourth plenary session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on March 11, 2023. (Photo by GREG BAKER / POOL / AFP)
China's President Xi Jinping (R) shakes hands with newly-elected Premier Li Qiang (L) during the fourth plenary session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on March 11, 2023. (Photo by GREG BAKER / POOL / AFP)

China on Saturday named Li Qiang, a close confidant of top leader Xi Jinping, as the country’s next premier nominally in charge of the world’s second-largest economy now facing some of its worst prospects in years.

Li was nominated by Xi and appointed to the position at Saturday morning’s session of the National People’s Congress.

As premier, Li will be charged with reviving a sluggish economy still emerging from the COVID-19 pandemic and confronted with weak global demand for exports, lingering US tariff hikes, a shrinking workforce and an aging population.

The career bureaucrat replaces Li Keqiang, who is retiring after two five-year terms during which his role was seen to be steadily diminished.

On Saturday, Li Qiang received 2,936 votes, with three votes against and eight abstentions, according to totals projected on a screen inside the Great Hall of the People in central Beijing.

He will make his closely watched debut on the international stage on Monday during the premier's traditional media question-and-answer session after the parliamentary session ends.

Li was put on track to become premier in October, when he was appointed to the number-two role on the Politburo Standing Committee during the twice-a-decade Communist Party Congress.



France Adds First Nuclear Reactor in 25 Years to Grid

A general view of the three reactors making up the Flamanville nuclear power plant with the third-generation European Pressurised Water nuclear reactor (EPR) in the background in Flamanville, France, April 25, 2024. REUTERS/Stephanie Lecocq/File Photo
A general view of the three reactors making up the Flamanville nuclear power plant with the third-generation European Pressurised Water nuclear reactor (EPR) in the background in Flamanville, France, April 25, 2024. REUTERS/Stephanie Lecocq/File Photo
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France Adds First Nuclear Reactor in 25 Years to Grid

A general view of the three reactors making up the Flamanville nuclear power plant with the third-generation European Pressurised Water nuclear reactor (EPR) in the background in Flamanville, France, April 25, 2024. REUTERS/Stephanie Lecocq/File Photo
A general view of the three reactors making up the Flamanville nuclear power plant with the third-generation European Pressurised Water nuclear reactor (EPR) in the background in Flamanville, France, April 25, 2024. REUTERS/Stephanie Lecocq/File Photo

France connected the Flamanville 3 nuclear reactor to its grid on Saturday morning, state-run operator EDF said, in the first addition to the country's nuclear power network in 25 years.

The reactor, which began operating in September ahead of the grid connection, is going online 12 years later than originally planned and at a cost of around 13 billion euros - four times the original budget.

"EDF teams have achieved the first connection of the Flamanville EPR to the national grid at 11:48am (1048 GMT). The reactor is now generating electricity," EDF said in a statement, Reuters reported.

The Flamanville 3 European Pressurised Reactor is France's largest at 1.6 gigawatts (GW) and one of the world's biggest, along with China's 1.75 GW Taishan reactor, which is based on a similar design, and Finland's Olkiluoto.

It is the first to be connected to the grid since Civaux 2 in 1999 but is being brought into service at a time of sluggish consumption, with France exporting a record amount of electricity this year.

EDF is planning to build another six new reactors to fulfil a 2022 pledge made by President Emmanuel Macron as part of the country's energy transition plans, although questions remain around the funding and timeline of the new projects.