Li Yunze Ousted as NPC Deputy Over Violations
On.cc · 2 SOURCESabout 2 hours ago2 MIN
Summary
Former National Financial Regulatory Administration head Li Yunze has been formally confirmed to be under investigation-related sanction after a Sichuan provincial resolution stated he was removed as a National People’s Congress deputy for “serious violations of discipline and law” . His name had already disappeared from the regulator’s leadership page in April, and his deputy qualification was later terminated in May, but the newly public document provides the clearest official explanation so far .
Key Points
- A Sichuan Provincial People’s Congress Standing Committee bulletin recently disclosed a May 27 resolution to remove Li Yunze as a 14th NPC deputy .
- The resolution explicitly said Li was ousted because of “serious violations of discipline and law,” confirming the nature of the case .
- Li’s profile had already been deleted from the national financial regulator’s “leadership” section on its official website in April .
- An NPC Standing Committee report this month listed 15 deputies whose qualifications ended, but Li alone reportedly had no reason stated there .
- Li, born in September 1970, was the first ministerial-level official from the “post-70s” generation and is a 20th Central Committee alternate member .
Why It Matters
The disclosure gives formal confirmation that Li’s removal was tied to serious disciplinary and legal allegations, turning an earlier unexplained personnel change into a clearer political accountability case . It also places renewed focus on oversight in China’s financial regulatory system, given Li’s role as the first chief of the restructured regulator and his long career in major state banks and Sichuan provincial leadership .