A senior official of China's securities regulatory body and the boss of the nation's biggest listed steel maker were elected as the city's two vice mayors on Thursday.

They are Tu Guangshao, 48, former vice chairman of the China Securities Regulatory Commission, and Ai Baojun, 47, chairman of Baoshan Iron and Steel Co.

Tu, a native of Ezhou City, in central China's Hubei Province, served two years as general manager and Party Secretary of the Shanghai Stock Exchange from August 1997, before becoming a senior official of the commission.

He was named vice chairman of the commission in July 2002.

After obtaining a postgraduate degree in history at Peking University in 1984, Tu worked in the Policy Study Office of the Beijing Municipal Committee of the Communist Party of China in 1985 and was vice director of the information office of the capital's Trade Department in 1987.

Ai has been chairman of Baoshan since April this year, almost 13 years after he joined the company in September, 1994.

A native of Liaoyang City, in northeast China's Liaoning Province, Ai was a senior accountant and obtained a postgraduate degree in enterprises management from Northeastern University in 1988.

He pursued his study in the United States in 1990-91 and has an honorary PhD from Maastricht School of Management in Holland.