Xi Jinping on Friday secured a record third five-year term as China’s President.
The appointment by China’s parliament comes after Xi locked in another five years as head of the Chinese Communist Party (CCP) in October.
Since then, the 69-year-old Xi has weathered widespread protests over his zero-COVID policy and the deaths of countless people after its abandonment.
As many as 2,952 members of the National People’s Congress (NPC) voted unanimously for Xi Jinping after the constitution was changed to remove the traditional two-term limit for the post of president. No one voted against him.
No candidate lists were distributed, and Xi as well as those who secured other posts were believed to have run unopposed.
Xi, was also unanimously named commander of the two million-member People’s Liberation Army.
Since taking power in 2012, 69-year-old Xi has sidelined any potential challengers and filled the party with his supporters, turning himself into China’s most powerful leader since Mao Zedong.
In other NPC votes, 68-year-old Han Zheng was chosen as the new vice president while Zhao Leji, 66, was named the new parliament chair. Both men were from Xi’s previous team of party leaders at the Politburo Standing Committee.
Xi will make a speech on Monday – the final day of the annual parliamentary session – while Li will hold a press conference.
KARACHI – Pakistani rupee, which is facing blows in the open market, remained stable against the US dollar, in the inter-bank market on Wednesday.
The local currency moved slightly upward during the opening hours of trading in the inter-bank market. Before noon, PKR was hovering around 285.22, with a slight increase of Rs0.13.
As the situation remained under control in the interbank market, the rupee hits a fresh record low in the open market and was selling at 315 per dollar.
In a recent development, the IMF mission chief shared positive news, confirming that talks are underway with Pakistani authorities. The resumption of the IMF programme remains important for the crisis-hit country.
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,300 on Wednesday.The price of 10 grams of 24k gold was recorded at Rs199,160.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 232,300||PKR 2,485|
|Karachi||PKR 232,300||PKR 2,485|
|Islamabad||PKR 232,300||PKR 2,485|
|Peshawar||PKR 232,300||PKR 2,485|
|Quetta||PKR 232,300||PKR 2,485|
|Sialkot||PKR 232,300||PKR 2,485|
|Attock||PKR 232,300||PKR 2,485|
|Gujranwala||PKR 232,300||PKR 2,485|
|Jehlum||PKR 232,300||PKR 2,485|
|Multan||PKR 232,300||PKR 2,485|
|Bahawalpur||PKR 232,300||PKR 2,485|
|Gujrat||PKR 232,300||PKR 2,485|
|Nawabshah||PKR 232,300||PKR 2,485|
|Chakwal||PKR 232,300||PKR 2,485|
|Hyderabad||PKR 232,300||PKR 2,485|
|Nowshehra||PKR 232,300||PKR 2,485|
|Sargodha||PKR 232,300||PKR 2,485|
|Faisalabad||PKR 232,300||PKR 2,485|
|Mirpur||PKR 232,300||PKR 2,485|
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