The Central Financial and Economic Affairs Commission 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.
 | |
| Formation | March 1980 |
|---|---|
| Type | Supra-ministerial policy coordination and consultation body |
| Headquarters | Huairen Hall, Zhongnanhai[1] |
| Location | |
Leader | Xi Jinping |
Deputy Leader | Li Qiang |
Office Director | He Lifeng |
Parent organization | Central Committee of the Chinese Communist Party |
| Subsidiaries | General Office of the Leading Group for Financial and Economic Affairs |
| Central Financial and Economic Affairs Commission | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 中央财经委员会 | ||||||
| |||||||
It is currently led by General Secretary Xi Jinping, with Premier Li Qiang 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 He Lifeng.
History
editThe 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) 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's "Reform and Opening Up" policy.
In March 2018, the leading group was transformed into the Central Financial and Economic Affairs Commission.[3]
Functions
editThe 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.[4]
Leaders
edit- Zhao Ziyang (1980–1989, as Premier then General Secretary)
- Jiang Zemin (1989–2003, as General Secretary)
- Hu Jintao (2003–2013, as General Secretary)
- Xi Jinping (2013–present, as General Secretary)
Composition
edit18th Committee
edit- 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
- Director of General Office
- Members
- Liu Yunshan, Politburo Standing Committee, First Secretary of the Secretariat
- Zhang Gaoli, Politburo Standing Committee, First 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
19th Committee
edit- 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
- Director of General Office
- Executive Deputy Director of the General Office
- Han Wenxiu (from December 2018)[5]
20th Committee
edit- Leader
- Xi Jinping, General Secretary of the Chinese Communist Party, President of the People's Republic of China
- Deputy Leader
- Li Qiang, Politburo Standing Committee, Premier of the People's Republic of China
- Director of General Office
- Executive Deputy Director of the General Office
- Deputy Director of General Office
- Members
- Cai Qi, Politburo Standing Committee, First Secretary of the Secretariat
- Ding Xuexiang, Politburo Standing Committee, First Vice Premier
References
editCitations
edit- ^ 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.
- ^ Zhao, Yajuan. "解密中央财经领导小组". Eastday.
- ^ "CPC releases plan on deepening reform of Party and state institutions". People's Daily Online. Retrieved 24 March 2018.
- ^ "Decoding Chinese Politics". Asia Society. Retrieved 2 October 2023.
- ^ a b Yue Huairang (岳怀让) (14 December 2018). 韩文秀已任中央财办分管日常工作的副主任，并明确为正部长级. thepaper (in Chinese). Retrieved 7 November 2022.
- ^ Cash, Joe (2023-10-30). "He Lifeng: China's economy tsar made director of key party commission". reuters.com. Retrieved 2024-10-08.
- ^ Cai, Vanessa (11 April 2024). "Chinese Vice-Premier He Lifeng's growing influence on economic policy shown as former subordinate joins top finance policy body". South China Morning Post. Retrieved 12 April 2024.
- ^ Zhuang, Sylvie (7 September 2023). "China names veteran economic planner Yang Yinkai to Communist Party's top financial policy body". South China Morning Post. Retrieved 8 September 2023.
Sources
edit- 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.