Minister of Finance (China)

Minister of Finance of the People's Republic of China
中华人民共和国财政部部长
National Emblem of China
Flag of China
Incumbent Lan Fo'an since 24 October 2023
Ministry of Finance
Status	Provincial and ministerial-level official
Member of	Plenary Meeting of the State Council
Seat	Ministry of Finance Building, Xicheng District, Beijing
Nominator	Premier (chosen within the Chinese Communist Party)
Appointer	President with the confirmation of the National People's Congress or its Standing Committee
Precursor	Minister of Finance of the Republic of China
Formation	19 October 1949;75 years ago (1949-10-19)
First holder	Bo Yibo
Deputy	Vice Minister of Finance
Website	www.mof.gov.cn/en/abus/

The minister of finance of the People's Republic of China is the head of the Ministry of Finance of the People's Republic of China and a member of the State Council. Within the State Council, the position is twelfth in order of precedence. The minister is responsible for leading the ministry, presiding over its meetings, and signing important documents related to the ministry. ^[1] Officially, the minister is nominated by the premier of the State Council, who is then approved by the National People's Congress or its Standing Committee and appointed by the president. ^[2]

The current minister is Lan Fo'an, who concurrently serves as the Chinese Communist Party Committee Secretary of the ministry. ^[3]

History

The Ministry of Finance of the Central People's Government was established on 1 October 1949, and Bo Yibo became the first minister on 19 October. ^[4] The ministry was reorganized to the Ministry of Finance of the PRC in September 1954, and the title of the minister was also changed. On 1 July 1967, during the Cultural Revolution, the Central Committee of the Chinese Communist Party, the State Council and the Central Military Commission decided to implement military rule over the ministry; the Director of the Military Control Commission Yin Chengzhen served as the head of the ministry. ^[5] The Military Control Commission was replaced with a Revolutionary Committee on 22 June 1970. The ministry was reorganized and restored its ministerial system in January 1975. ^[6]

List of ministers

No.	Portrait	Name (Birth–Death)	Term of office			Important offices held during tenure	Premier	Ref.
			Took office	Left office	Term
Minister of Finance of the Central People's Government
1		Bo Yibo 薄一波 (1908–2007)	19 October 1949	18 September 1953	3 years, 334 days	Member of the Central People's Government Deputy Director of the Finance and Economics Committee of the Central People's Government First Secretary of the North China Central Bureau of the Chinese Communist Party Director of the National Organization Committee Director of the Central People's Government's Economy Inspection Committee	Zhou Enlai	[7]
2		Deng Xiaoping 邓小平 (1904–1997)	18 September 1953	19 June 1954	274 days	Secretary-General of the CCP Central Committee Head of the Organization Department of the CCP Central Committee		[8]
3		Li Xiannian 李先念 (1909–1992)	19 June 1954	28 September 1954	101 days	Vice Premier of the State Council		[9]
Minister of Finance of the People's Republic of China
3		Li Xiannian 李先念 (1909–1992)	28 September 1954	22 June 1970	15 years, 267 days	Vice Premier of the State Council Director of the State Council Finance and Trade Office Deputy Head of the Central Finance and Economics Group	Zhou Enlai	[9]
Director of the Military Control Commission (Revolutionary Committee) of the Ministry of Finance
4		Yin Chengzhen 殷承祯 (1915–1990)	22 June 1970	17 January 1975	4 years, 209 days		Zhou Enlai	[10]
							Hua Guofeng
Minister of Finance of the People's Republic of China
5		Zhang Jingfu 张劲夫 (1914–2015)	17 January 1975	17 August 1979	4 years, 212 days	Secretary of the Party Leadership Group of the Ministry of Finance Deputy Secretary-General of the Financial and Economic Committee of the State Council	Hua Guofeng	[11]
6		Wu Bo 吴波 (1906–2005)	17 August 1979	6 August 1980	355 days	Secretary of the Party Leadership Group of the Ministry of Finance		[12]
7		Wang Bingqian 王丙乾 (born 1925)	6 August 1980	3 September 1992	12 years, 28 days	Secretary of the Party Leadership Group of the Ministry of Finance State Councillor	Hua Guofeng ↓ Zhao Ziyang ↓ Li Peng	[13]
8		Liu Zhongli 刘仲藜 (born 1934)	4 September 1992	18 March 1998	5 years, 195 days	Director of the State Taxation Administration	Li Peng	[14]
9		Xiang Huaicheng 项怀诚 (born 1939)	18 March 1998	17 March 2003	4 years, 364 days		Zhu Rongji	[15]
10		Jin Renqing 金人庆 (1944–2021)	17 March 2003	30 August 2007	4 years, 166 days	Secretary of the Party Leadership Group of the Ministry of Finance	Wen Jiabao	[16]
11		Xie Xuren 谢旭人 (born 1947)	30 August 2007	16 March 2013	5 years, 198 days	Secretary of the Party Leadership Group of the Ministry of Finance		[17]
12		Lou Jiwei 楼继伟 (born 1950)	16 March 2013	7 November 2016	3 years, 236 days	Secretary of the Party Leadership Group of the Ministry of Finance	Li Keqiang	[18]
13		Xiao Jie 肖捷 (born 1957)	7 November 2016	19 March 2018	1 year, 132 days	Secretary of the Party Leadership Group of the Ministry of Finance Deputy Secretary-General of the State Council Secretary of the Party Leadership Group of the State Council Secretary of the Working Committee of Central and State Organs		[19]
14		Liu Kun 刘昆 (born 1956)	19 March 2018	24 October 2023	5 years, 219 days	Secretary of the Party Leadership Group of the Ministry of Finance Member of the Central Commission for Discipline Inspection		[20]
							Li Keqiang ↓ Li Qiang
15		Lan Fo'an 蓝佛安 (born 1962)	24 October 2023	Incumbent	1 year, 147 days	Secretary of the Party Leadership Group of the Ministry of Finance	Li Qiang	[3]

Timeline

References

1. "财政部下发通知印发《财政部工作规则》（全文）" [The Ministry of Finance issued a notice to issue the "Working Rules of the Ministry of Finance" (full text)]. State Council of the People's Republic of China. 23 June 2008. Retrieved 2 August 2024.
2. "Constitution of the People's Republic of China". National People's Congress . Retrieved 8 August 2022.
3. "China Names Lan Fo'an as Party Chief of Finance Ministry". Bloomberg News . 28 September 2023. Retrieved 28 September 2023.
4. 高胜明; 段晓飞; 李连海 (29 August 2019). "新中国财政从这里走来" [New China's finances started from here]. cgpnews.cn. Archived from the original on 14 September 2023. Retrieved 2 August 2024.
5. "1967年大事记" [Major Events in 1967]. General Office of the Ministry of Finance. 20 June 2008. Archived from the original on 14 September 2023. Retrieved 2 August 2024.
6. "1975年大事记" [Major Events in 1975]. General Office of the Ministry of Finance. 20 June 2008. Archived from the original on 14 September 2023. Retrieved 2 August 2024.
7. "薄一波" [Bo Yibo]. People's Daily . 21 January 2007. Archived from the original on 14 September 2023. Retrieved 2 August 2024.
8. Wang, Shuren (2014). "邓小平一生中担任的职务概述" [An overview of the positions held by Deng Xiaoping throughout his life]. Party History Expo (8). 郑州: 24–27. ISSN   1005-1686. Archived from the original on 12 July 2022. Retrieved 2 August 2024– via Party History and Literature Research Institute.
9. "李先念同志生平" [Comrade Li Xiannian's life]. Jingchu.net. 29 October 2012. Archived from the original on 12 October 2023. Retrieved 2 August 2024.
10. Mei, Zan (19 March 2021). "从放牛娃到将军 ——记殷承祯将军" [From a cowherd to a general: The record of General Yin Chengzhen]. Jingchu.net. Retrieved 2 August 2024.
11. "张劲夫同志生平" [Comrade Zhang Jinfu's life]. China Central Television . 6 August 2015. Archived from the original on 16 August 2015. Retrieved 2 August 2024.
12. 财政部原部长吴波同志逝世 享年99岁. Sohu (in Chinese). 25 February 2005. Retrieved 28 August 2021.
13. "王丙乾" [Wang Bingqian]. People's Daily . 26 February 2013. Archived from the original on 11 May 2013. Retrieved 2 August 2024.
14. "国务院经济体制改革办公室主任刘仲藜简历" [Resume of Liu Zhongli, Director of the State Council Economic System Reform Office]. Sohu. 7 July 2004. Archived from the original on 26 January 2021. Retrieved 2 August 2024.
15. "项怀诚" [Xiang Huaicheng]. wujiangtong. 17 July 2022. Archived from the original on 14 September 2023. Retrieved 2 August 2024.
16. 财政部原部长金人庆因家中失火去世，77岁. Caixin (in Chinese). 28 August 2021. Retrieved 28 August 2021.
17. "谢旭人同志简历" [Comrade Xie Xuren's resume]. People's Daily . 25 March 2013. Archived from the original on 24 April 2013. Retrieved 2 August 2024.
18. "楼继伟简历" [Lou Jiwei's resume]. China Internet Information Center . 1 March 2018. Archived from the original on 11 March 2018. Retrieved 2 August 2024.
19. "肖捷同志简历" [Xiao Jie's Resume]. State Council of the People's Republic of China . 19 March 2018. Archived from the original on 6 August 2023. Retrieved 2 August 2024.
20. 新任“大管家” 刘昆将如何管好国家的“钱袋子”？. Economic Daily (in Chinese). 22 March 2018.