President’s move to share power fuels speculation

‘Xi’s move sparked speculation that he may be laying the groundwork for an orderly power transition or scaling back his role in preparation for possible retirement.

- Press Trust of India

Speculation about Xi's power transition was rife after state-run Xinhua news agency recently reported that the powerful 24-member Political Bureau of the ruling Communist Party of China (CPC) in its meeting on June 30 reviewed a set of new regulations on the work of the party's institutions.

The meeting presided over by Xi himself stressed that the regulations will further standardise the establishment, responsibilities, and operations of the CPC Central Committee's decision-making, deliberative, and coordinating institutions.

Such institutions should exercise more effective leadership and coordination over major tasks and focus on planning, discussing, and overseeing major tasks, the Xinhua report said.