Central Financial and Economic Affairs Commission

The Central Financial and Economic Affairs Commission (Chinese: 中央财经委员会; pinyin: Zhōngyāng Cáijīng Wěiyuánhuì) is a commission of the Central Committee of the Chinese Communist Party in charge of leading and supervising economic work of both the CCP Central Committee and the State Council. The Commission is generally headed by CCP General Secretary or Premier of the State Council.

Central Financial and Economic Affairs Commission
中央财经委员会

Formation	March 1980
Type	Supra-ministerial policy coordination and consultation body
Headquarters	Huairen Hall, Zhongnanhai^[1]
Location	Beijing
Leader	Xi Jinping
Deputy Leader	Li Keqiang
Director	Liu He
Parent organization	Central Committee of the Chinese Communist Party
Subsidiaries	General Office of the Leading Group for Financial and Economic Affairs

It is currently led by General Secretary Xi Jinping, with Premier Li Keqiang as its deputy leader. The Commission coordinates closely with the National Development and Reform Commission^[2] 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 Liu He.

History

The Commission was originally established as the Central Leading Group for Financial and Economic Affairs (Chinese: 中央财经领导小组; pinyin: Zhōngyāng Cáijīng Lǐngdǎo Xiǎozǔ) on 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's "Reform and Opening Up" policy.

In March 2018, the leading group was transformed into the Central Financial and Economic Affairs Commission.^[3]

Leaders

1. Zhao Ziyang (1980–1989, as Premier then General Secretary)
2. Jiang Zemin (1989–2003, as General Secretary)
3. Hu Jintao (2003–2013, as General Secretary)
4. Xi Jinping (2013–present, as General Secretary)

Current composition

• Leader
  • Xi Jinping, General Secretary of the Chinese Communist Party, President of the People's Republic of China
• Deputy Leader
  • Li Keqiang, Politburo Standing Committee, Premier of the People's Republic of China
• Chief of General Office
  • Liu He
• Members
  • Liu Yunshan, Politburo Standing Committee, Secretary of the Central Secretariat (ranked first)
  • Zhang Gaoli, Politburo Standing Committee, Vice-Premier
  • Liu Yandong, Politburo, Vice-Premier
  • Wang Yang, Politburo, Vice-Premier
  • Ma Kai, Politburo, Vice-Premier
  • Wang Huning, Politburo, CCP Policy Research Office chief
  • Li Zhanshu, Politburo, CCP General Office chief
  • Yang Jiechi, State Councilor in charge of Foreign Affairs
  • Yang Jing, Secretary-General of the State Council, Secretary of the Central Secretariat
  • Zhou Xiaochuan, Governor of the People's Bank of China
  • Fang Fenghui, PLA Chief of General Staff
  • Xiao Jie, Deputy Secretary-General of the State Council
  • Xu Shaoshi, Director of the National Development and Reform Commission
  • Miao Wei, Minister of Industry and Information Technology
  • Jiang Daming, Minister of Land and Resources
  • Chen Lei, Minister of Water Resources
  • Wang Yi, Minister of Foreign Affairs
  • Wang Zhigang, Deputy Minister of Science and Technology
  • Lou Jiwei, Minister of Finance
  • Zhou Shengxian, Minister of Environmental Protection
  • Yang Chuantang, Minister of Transport
  • Wu Xinxiong, Director of the National Energy Administration

References

Citations

1. Chen, Zhu Qin (2014-06-19). "习近平主持中央财经领导小组会议，还有谁在座？". Shanghai Oriental Press Co. The Paper. Retrieved 11 February 2018.
2. Zhao, Yajuan. "解密中央财经领导小组". Eastday.
3. "CPC releases plan on deepening reform of Party and state institutions". People's Daily Online. Retrieved 24 March 2018.

Sources

• Xu, Dashen. Records of the People's Republic of China (《中华人民共和国实录》). Jilin People's Publishing House, 1994.

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