Central Financial and Economic Affairs Commission
![]() | |
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 | ||||||
|
![]() |
---|
![]() |
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 policy of both the CCP Central Committee and the State Council. The commission is generally headed by CCP General Secretary or Premier of China.
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
[edit]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) 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.
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.[3]
Functions
[edit]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.[4]
Leaders
[edit]- Zhao Ziyang (1980–1989, as Premier then CCP General Secretary)
- Jiang Zemin (1989–2002, as CCP General Secretary)
- Hu Jintao (2002–2012, as CCP General Secretary)
- Xi Jinping (2012–present, as CCP General Secretary)
Composition
[edit]18th 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 member, Premier of the People's Republic of China
- Director of General Office
- Members
- Liu Yunshan, Politburo Standing Committee member, First Secretary of the Secretariat
- Zhang Gaoli, Politburo Standing Committee member, First Vice Premier
- Liu Yandong, Politburo member, Vice Premier
- Wang Yang, Politburo member, Vice Premier
- Ma Kai, Politburo member, Vice Premier
- Wang Huning, Politburo member, CCP Policy Research Office chief
- Li Zhanshu, Politburo member, 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 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 (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
Meetings
[edit]19th Central Committee
[edit]Date | Content | Ref. | |
---|---|---|---|
1 | April 2, 2018 |
| [9] |
2 | July 13, 2018 |
| [10] |
3 | October 10, 2018 |
| [11] |
4 | April 22, 2019 |
| [12] |
5 | August 26, 2019 |
| [13] |
6 | January 3, 2020 |
| [14] |
7 | April 10, 2020 |
| [15] |
8 | September 9, 2020 |
| [16] |
9 | March 15, 2021 |
| [17] |
10 | August 17, 2021 |
| [18] |
11 | April 26, 2022 |
| [19] |
20th Central Committee
[edit]Date | Content | Ref. | |
---|---|---|---|
1 | May 5, 2023 |
| [20] |
2 | July 20, 2023 |
| [21] |
4 | February 23, 2024 |
| [22] |
6 | July 1, 2025 |
| [23] |
References
[edit]Citations
[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.
- ^ "习近平主持召开中央财经委员会第一次会议强调 加强党中央对经济工作的集中统一领导 打好决胜全面建成小康社会三大攻坚战" [Xi Jinping presided over the first meeting of the Central Financial and Economic Commission and stressed strengthening the centralized and unified leadership of the Party Central Committee over economic work and winning the three major battles to fully build a moderately prosperous society]. Communist Party Member Network. 2 April 2018. Retrieved 2025-07-02.
- ^ "习近平:提高关键核心技术创新能力 为我国发展提供有力科技保障" [Xi Jinping: Improving the innovation capability of key core technologies will provide strong scientific and technological support for my country's development]. Communist Party Member Network. 13 July 2018. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第三次会议强调 大力提高我国自然灾害防治能力 全面启动川藏铁路规划建设" [Xi Jinping presided over the third meeting of the Central Financial and Economic Commission and stressed the need to vigorously improve my country's natural disaster prevention and control capabilities and fully launch the planning and construction of the Sichuan-Tibet Railway]. Communist Party Member Network. 10 October 2018. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第四次会议" [Xi Jinping presided over the fourth meeting of the Central Financial and Economic Affairs Commission]. Communist Party Member Network. 22 April 2019. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第五次会议" [Xi Jinping presided over the fifth meeting of the Central Financial and Economic Affairs Commission]. Communist Party Member Network. 26 August 2019. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第六次会议" [Xi Jinping presided over the sixth meeting of the Central Financial and Economic Affairs Commission]. Communist Party Member Network. 3 January 2020. Retrieved 2025-07-02.
- ^ "习近平:国家中长期经济社会发展战略若干重大问题" [Xi Jinping: Several major issues concerning the country's medium- and long-term economic and social development strategy]. Communist Party Member Network. 31 October 2020. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第八次会议强调 统筹推进现代流通体系建设 为构建新发展格局提供有力支撑 李克强王沪宁韩正出席" [Xi Jinping presided over the 8th meeting of the Central Financial and Economic Affairs Commission and stressed that the coordinated promotion of the construction of a modern circulation system will provide strong support for the construction of a new development pattern. Li Keqiang, Wang Huning and Han Zheng attended the meeting.]. Communist Party Member Network. 9 September 2020. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第九次会议" [Xi Jinping presided over the ninth meeting of the Central Financial and Economic Affairs Commission]. Communist Party Member Network. 15 March 2021. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第十次会议" [Xi Jinping presided over the 10th meeting of the Central Financial and Economic Affairs Commission]. Communist Party Member Network. 17 August 2021. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第十一次会议" [Xi Jinping presided over the 11th meeting of the Central Financial and Economic Affairs Commission]. Communist Party Member Network. 26 April 2022. Retrieved 2025-07-02.
- ^ "习近平主持召开二十届中央财经委员会第一次会议强调 加快建设以实体经济为支撑的现代化产业体系 以人口高质量发展支撑中国式现代化" [Xi Jinping presided over the first meeting of the 20th Central Financial and Economic Commission and stressed the need to accelerate the construction of a modern industrial system supported by the real economy and to support China's modernization with high-quality population development.]. Communist Party Member Network. 5 May 2023. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第二次会议强调 切实加强耕地保护 全力提升耕地质量 稳步拓展农业生产空间" [Xi Jinping presided over the second meeting of the Central Financial and Economic Commission and stressed the need to strengthen farmland protection, make every effort to improve farmland quality and steadily expand agricultural production space.]. Communist Party Member Network. 20 July 2023. Retrieved 2025-07-02.
- ^ "习近平主持召开中央财经委员会第四次会议强调 推动新一轮大规模设备更新和消费品以旧换新 有效降低全社会物流成本" [Xi Jinping presided over the fourth meeting of the Central Financial and Economic Commission and stressed the need to promote a new round of large-scale equipment upgrades and consumer goods replacement to effectively reduce the logistics costs of the entire society.]. Communist Party Member Network. 23 February 2024. Retrieved 2025-07-02.
- ^ Sun, Luna (1 July 2025). "China's Xi Jinping puts domestic market at forefront in high-profile meeting". South China Morning Post. Retrieved 2 July 2025.
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.