Central Leading Group For Financial And Economic Work
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The Central Financial and Economic Affairs Commission is a commission of the
Central Committee of the Chinese Communist Party The Central Committee of the Chinese Communist Party, officially the Central Committee of the Communist Party of China, is the Central committee, highest organ when the National Congress of the Chinese Communist Party, national congress is not ...
in charge of leading and supervising economic policy of both the CCP Central Committee and the
State Council State Council may refer to: Government * State Council of the People's Republic of China, the national cabinet and chief administrative authority of China, headed by the Premier * State Council of the Republic of Korea, the national cabinet of S ...
. The Commission is generally headed by
CCP General Secretary The general secretary of the Central Committee of the Chinese Communist Party ( zh, s=中国共产党中央委员会总书记, p=Zhōngguó Gòngchǎndǎng Zhōngyāng Wěiyuánhuì Zǒngshūjì) is the leader of the Chinese Communist Party ...
or
Premier of China The premier of China, officially the Premier of the State Council of the People's Republic of China, is the head of government of the People's Republic of China (PRC) and leader of the State Council. This post was established in 1911 near the e ...
. It is currently led by
General Secretary Secretary is a title often used in organizations to indicate a person having a certain amount of authority, Power (social and political), power, or importance in the organization. Secretaries announce important events and communicate to the org ...
Xi Jinping Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission ...
, with
Premier Premier is a title for the head of government in central governments, state governments and local governments of some countries. A second in command to a premier is designated as a deputy premier. A premier will normally be a head of govern ...
Li Qiang Li Qiang (; born July 1959) is a Chinese politician who has been serving as the eighth and current premier of China since March 2023. He has been elevated to the second-ranking member on the Politburo Standing Committee of the Chinese Communist ...
as its deputy leader. The Commission coordinates closely with the
National Development and Reform Commission The National Development and Reform Commission (NDRC) is the third-ranked executive department of the State Council of the People's Republic of China, which functions as a macroeconomic management agency. Established as the State Planning C ...
and is considered the highest body for coordination and discussion on issues related to the economy. The Office of the Commission, handling the daily affairs of the body, is currently headed by
He Lifeng He Lifeng (; born February 1955) is a Chinese economist and politician who has served as vice premier of China since March 2023. He has additionally been a member of the Politburo of the Chinese Communist Party (CCP) since October 2022, and ser ...
.


History

The Commission was originally established as the Central Leading Group for Financial and Economic Affairs () in March 1980. The decision to establish this group was taken by the CCP Politburo Standing Committee on March 17, 1980 to replace the State Commission for Economy and Finance, so as to coordinate the work necessary to meet the requirements of
Deng Xiaoping Deng Xiaoping also Romanization of Chinese, romanised as Teng Hsiao-p'ing; born Xiansheng (). (22 August 190419 February 1997) was a Chinese statesman, revolutionary, and political theorist who served as the paramount leader of the People's R ...
's
reform and opening up Reform and opening-up ( zh, s=改革开放, p=Gǎigé kāifàng), also known as the Chinese economic reform or Chinese economic miracle, refers to a variety of economic reforms termed socialism with Chinese characteristics and socialist market ...
. In March 2018, the leading group was transformed into the Central Financial and Economic Affairs Commission as part of the
deepening the reform of the Party and state institutions The deepening the reform of the Party and state institutions ( zh, , p=Shēnhuà dǎng hé guójiā jīgòu gǎigé, s=深化党和国家机构改革) was a large-scale reform of the institutions of the Chinese Communist Party (CCP) and the Peopl ...
.


Functions

The commission has traditionally been the core decision-making body of the CCP in regards to economic policy and public finance. It generally meets around twice a year to discuss the overall direction of the Chinese economy. The Office of the Commission, handling the daily affairs of the body, is critical to coordinating high-level policymaking in economic and financial topics.


Leaders

#
Zhao Ziyang Zhao Ziyang; pronounced (17 October 1919 – 17 January 2005) was a Chinese politician. He served as the 3rd premier of China from 1980 to 1987, as vice chairman of the Chinese Communist Party (CCP) from 1981 to 1982, and as the CCP general ...
(1980–1989, as Premier then CCP General Secretary) #
Jiang Zemin Jiang Zemin (17 August 1926 – 30 November 2022) was a Chinese politician who served as General Secretary of the Chinese Communist Party, general secretary of the Chinese Communist Party (CCP) from 1989 to 2002, as Chairman of the Central Mil ...
(1989–2002, as CCP General Secretary) #
Hu Jintao Hu Jintao (born 21 December 1942) is a Chinese retired politician who served as the general secretary of the Chinese Communist Party (CCP) from 2002 to 2012, the president of China from 2003 to 2013, and chairman of the Central Military Comm ...
(2002–2012, as CCP General Secretary) #
Xi Jinping Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission ...
(2012–present, as CCP General Secretary)


Composition


18th Committee

*Leader **
Xi Jinping Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission ...
, General Secretary of the Chinese Communist Party, President of the People's Republic of China *Deputy Leader **
Li Keqiang Li Keqiang ( zh, s=李克强, p=Lǐ Kèqiáng; 3 July 1955 – 27 October 2023) was a Chinese economist and politician who served as the seventh premier of China from 2013 to 2023. He was also the second-ranked member of the Politburo Standing ...
, Politburo Standing Committee member, Premier of the People's Republic of China *Director of General Office ** Liu He *Members **
Liu Yunshan Liu Yunshan (; zh, s=刘云山, t=劉雲山, p=Liú Yúnshān; born July 1947) is a retired Chinese politician. He was a member of the Politburo Standing Committee of the Chinese Communist Party, the top decision-making body of the CCP, between 2 ...
, Politburo Standing Committee member, First Secretary of the Secretariat **
Zhang Gaoli Zhang Gaoli ( zh, 张高丽; ; born November 1946) is a Chinese retired politician who served as the first-ranking vice premier of China between 2013 and 2018, and as the seventh-ranking member of the Politburo Standing Committee of the Chi ...
, Politburo Standing Committee member, First Vice Premier **
Liu Yandong Liu Yandong (; born November 1945) is a retired Chinese politician. She recently served as the Vice Premier of China, and was a member of the Politburo of the Chinese Communist Party from 2007 to 2017, a State Councilor between 2007 and 201 ...
, Politburo member, Vice Premier ** Wang Yang, Politburo member, Vice Premier **
Ma Kai Ma Kai (; pinyin: ''Mǎ Kǎi'') is a Chinese retired politician who served as a vice premier of China from 2013 to 2018. He was formerly the chairman of the National Development and Reform Commission from 2003 to 2008, and a State Councilor and se ...
, Politburo member, Vice Premier **
Wang Huning Wang Huning (; born 6 October 1955) is a Chinese politician who is one of the top leaders of the Chinese Communist Party (CCP). He is currently the Chairman of the Chinese People's Political Consultative Conference, chairman of the National C ...
, Politburo member, CCP Policy Research Office chief **
Li Zhanshu Li Zhanshu (born 30 August 1951) is a Chinese retired politician, who was the chairman of the Standing Committee of the National People's Congress from 2018 to 2023. He was the third-ranking member of the Politburo Standing Committee of the Ch ...
, Politburo member, CCP General Office chief **
Yang Jiechi Yang Jiechi (; born 1 May 1950) is a Chinese senior diplomat and retired politician. He served as director of the Chinese Communist Party's Central Foreign Affairs Commission from 2013 and 2022, State Councilor from 2013 to 2018, Minister of ...
, State Councilor in charge of Foreign Affairs **
Yang Jing Yang Jing ( zh , s = 杨晶 , p = Yáng Jīng ; born December 1953) is a former Chinese politician of Mongol ethnicity. He previously served as State Councilor and Secretary-General of the State Council, and the President of the Chinese Aca ...
, Secretary-General of the State Council, Secretary of the Central Secretariat **
Zhou Xiaochuan Zhou Xiaochuan (; born 29 January 1948) is a Chinese economist. Zhou served as the governor of the People's Bank of China from 2002 to 2018. Zhou previously served as vice governor of the People's Bank of China, director of the State Adminis ...
, Governor of the People's Bank of China ** Fang Fenghui, PLA Chief of General Staff **
Xiao Jie Xiao Jie (; born June 1957) is a Chinese politician and an important political aide of Premier Li Keqiang. He served as a State Councilor and the Secretary General of the State Council from 2018 to 2023. Xiao served as the Minister of Finance fr ...
, Deputy Secretary-General of the State Council **
Xu Shaoshi Xu Shaoshi (; born October 1951) is a Chinese politician, and former chairman of the National Development and Reform Commission of the People's Republic of China. Early life Xu was born in Ningbo, Zhejiang Province. He joined the Chinese Communi ...
, Director of the National Development and Reform Commission ** Miao Wei, Minister of Industry and Information Technology **
Jiang Daming Jiang Daming (; born 1953) is a politician of the People's Republic of China. He served as the Minister of Land and Resources, and formerly served as Governor of Shandong. Career Jiang was born in Rongcheng, Shandong province. He joined the ...
, Minister of Land and Resources ** Chen Lei, Minister of Water Resources ** Wang Yi, Minister of Foreign Affairs **
Wang Zhigang Wang Zhigang (; born October 1957) is a Chinese Information engineering (field), information engineer who served as the Ministry of Science and Technology (China), Minister of Science and Technology from 2018 to 2023. Previously, he served as ge ...
, Deputy Minister of Science and Technology **
Lou Jiwei Lou Jiwei (; born December 1950), is a Chinese politician, and current director of the 13th CPPCC Foreign Affairs Committee. Lou was Chairman of China's National Council for Social Security Fund, Minister for Finance, Chairman of China Investm ...
, Minister of Finance ** Zhou Shengxian, Minister of Environmental Protection **
Yang Chuantang Yang Chuantang ( zh , s = 杨传堂 , t = 楊傳堂 , p = Yáng Chuántáng ; born May 1954) is a Chinese politician who served as the Minister of Transport of the People's Republic of China from 2012 to 2016. He has also served as the vice chai ...
, Minister of Transport ** Wu Xinxiong, Director of the National Energy Administration


19th Committee

*Leader **
Xi Jinping Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission ...
, General Secretary of the Chinese Communist Party, President of the People's Republic of China *Deputy Leader **
Li Keqiang Li Keqiang ( zh, s=李克强, p=Lǐ Kèqiáng; 3 July 1955 – 27 October 2023) was a Chinese economist and politician who served as the seventh premier of China from 2013 to 2023. He was also the second-ranked member of the Politburo Standing ...
, Politburo Standing Committee member, Premier of the People's Republic of China *Director of General Office ** Liu He, Politburo member, Vice Premier *Executive Deputy Director of the General Office **
Han Wenxiu Han Wenxiu (; born September 1963) is a Chinese economist and politician, currently serving as executive deputy director of the Office of the Central Financial and Economic Affairs Commission and director of the Office of the Central Rural Work L ...
(from December 2018)


20th Committee

* Leader **
Xi Jinping Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission ...
, General Secretary of the Chinese Communist Party, President of the People's Republic of China * Deputy Leader **
Li Qiang Li Qiang (; born July 1959) is a Chinese politician who has been serving as the eighth and current premier of China since March 2023. He has been elevated to the second-ranking member on the Politburo Standing Committee of the Chinese Communist ...
, Politburo Standing Committee, Premier of the People's Republic of China *Director of General Office **
He Lifeng He Lifeng (; born February 1955) is a Chinese economist and politician who has served as vice premier of China since March 2023. He has additionally been a member of the Politburo of the Chinese Communist Party (CCP) since October 2022, and ser ...
, Politburo member, Vice Premier *Executive Deputy Director of the General Office **
Han Wenxiu Han Wenxiu (; born September 1963) is a Chinese economist and politician, currently serving as executive deputy director of the Office of the Central Financial and Economic Affairs Commission and director of the Office of the Central Rural Work L ...
*Deputy Director of General Office **Yan Pengcheng **Yang Yinkai **Zhu Weidong *Members **
Cai Qi Cai Qi ( zh, c=蔡奇, p=Cài Qí; born December 5, 1955) is a Chinese politician, who is the current first-ranked secretary of the Secretariat of the Chinese Communist Party (CCP), fifth-ranking member of the CCP Politburo Standing Committee ...
, Politburo Standing Committee, First Secretary of the Secretariat **
Ding Xuexiang Ding Xuexiang (born 13 September 1962) is a Chinese politician who is currently the first-ranked vice premier of China and the sixth-ranked member of the Politburo Standing Committee of the Chinese Communist Party. Considered a close confidan ...
, Politburo Standing Committee, First Vice Premier


References


Citations


Sources

* Xu, Dashen. ''Records of the People's Republic of China'' (). Jilin People's Publishing House, 1994. {{Economy of China 1980 establishments in China Commissions of the Central Committee of the Chinese Communist Party Deliberative and coordinating bodies of the Central Committee of the Chinese Communist Party