(Yicai Global) July 7 -- The spokesperson of China's forex administration has been promoted.

China's central government has chosen Wang Chunying to become the State Administration of Foreign Exchange's deputy administrator, the bureau said in a statement on its website yesterday.

Wang has been the SAFE's chief economist since July 2018 and the director of its Balance of Payments department since February 2016. That department monitors cross-border capital inflows and outflows and proposes policies to mitigate risks. Wang joined the SAFE in 1992.

Editor: Emmi Laine