After revision of the constitution to keep Xi Jinping in power, China is going to make big changes in the central structure of the government.

As part of its plan to integrate the country's banks and insurance sector control systems, Chinese officials said.

In addition to this, the plan for the formation of a number of new ministries has been announced in the annual session of the People's Congress of National People's Congress (NPC).

According to the BBC, President Shi has planned to further strengthen the central government's control over the economy.

Central bank governor Zhu Xiaochuan said the financial control system should be closed. At the same time, to reduce the financial risk of the sector, the law of the law will also be amended.