Internet

Jiang Zemin steps down

Reuters:

Jiang Zemin gave up the top job in China's military on Sunday, handing over the post to Communist Party chief Hu Jintao and completing a historic leadership transition to a younger generation.

The party's Central Committee accepted the resignation of the 78-year-old Jiang on the last day of a four-day closed-door plenum and approved Hu's rise to chairman of the Central Military Commission, the official Xinhua news agency said.

Hu, 61, who replaced Jiang as party chief in 2002 and as president in 2003, now holds the three most powerful positions in China after taking over the military portfolio, completing the first orderly succession in Chinese Communist history.

The article is here.

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