If true, this is big news!
Party sources said military chief Jiang Zemin 江澤民 was likely to give up his last post due to ill health, completing a leadership succession.
… Jiang, who had offered to resign on previous occasions in a tactic aimed at forcing allies to ask him to stay on, is likely to step down this time for health reasons, several party sources said, requesting anonymity.
UPDATE: The BBC says its true.
Some subtle changes in policy may now be expected, observers say.
Like I said … “big news”!