Minister of Finance (China)

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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 the People's Republic of China (2).svg
Flag of the People's Republic of China.svg
Yallen Lan meeting 2024(crop).jpg
Incumbent
Lan Fo'an
since 24 October 2023
Ministry of Finance
Status Provincial-Ministerial level official
Member of 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
Formation19 October 1949;74 years ago (1949-10-19)
First holder Bo Yibo
DeputyVice 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]

Contents

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.PortraitName

(Birth–Death)

Term of officeImportant offices held during tenurePremierRef.
Took officeLeft officeTerm
Minister of Finance of the Central People's Government
1 Boyibo1946.jpg Bo Yibo
薄一波
(1908–2007)
19 October 194918 September 19533 years, 334 daysMember 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 at the arrival ceremony for the Vice Premier of China (cropped).jpg Deng Xiaoping
邓小平
(1904–1997)
18 September 195319 June 1954274 days Secretary-General of the CCP Central Committee
Head of the Organization Department of the CCP Central Committee
[8]
3 Li Xiannian.png Li Xiannian
李先念
(1909–1992)
19 June 195428 September 1954101 days Vice Premier of the State Council [9]
Minister of Finance of the People's Republic of China
3 Li Xiannian.png Li Xiannian
李先念
(1909–1992)
28 September 195422 June 197015 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 Portrait gray.png Yin Chengzhen
殷承祯
(1915–1990)
22 June 197017 January 19754 years, 209 days Zhou Enlai [10]
Hua Guofeng
Minister of Finance of the People's Republic of China
5 Portrait gray.png Zhang Jingfu
张劲夫
(1914–2015)
17 January 197517 August 19794 years, 212 daysSecretary 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 Portrait gray.png Wu Bo
吴波
(1906–2005)
17 August 19796 August 1980355 daysSecretary of the Party Leadership Group of the Ministry of Finance [12]
7 Portrait gray.png Wang Bingqian
王丙乾
(born 1925)
6 August 19803 September 199212 years, 28 daysSecretary of the Party Leadership Group of the Ministry of Finance
State Councillor
Hua Guofeng

Zhao Ziyang

Li Peng
[13]
8 Portrait gray.png Liu Zhongli
刘仲藜
(born 1934)
4 September 199218 March 19985 years, 195 daysDirector of the State Taxation Administration Li Peng [14]
9 Portrait gray.png Xiang Huaicheng
项怀诚
(born 1939)
18 March 199817 March 20034 years, 364 days Zhu Rongji [15]
10 Jin Renqing.jpg Jin Renqing
金人庆
(1944–2021)
17 March 200330 August 20074 years, 166 daysSecretary of the Party Leadership Group of the Ministry of Finance Wen Jiabao [16]
11 Xie Xuren.jpg Xie Xuren
谢旭人
(born 1947)
30 August 200716 March 20135 years, 198 daysSecretary of the Party Leadership Group of the Ministry of Finance [17]
12 Lou Jiwei.jpg Lou Jiwei
楼继伟
(born 1950)
16 March 20137 November 20163 years, 236 daysSecretary of the Party Leadership Group of the Ministry of Finance Li Keqiang [18]
13 Xiao Jie (cropped).jpg Xiao Jie
肖捷
(born 1957)
7 November 201619 March 20181 year, 132 daysSecretary 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 2019.png Liu Kun
刘昆
(born 1956)
19 March 201824 October 20235 years, 219 daysSecretary of the Party Leadership Group of the Ministry of Finance
Member of the Central Commission for Discipline Inspection
[20]
Li Keqiang

Li Qiang
15 Yallen Lan meeting 2024(crop).jpg Lan Fo'an
蓝佛安
(born 1962)
24 October 2023Incumbent355 daysSecretary of the Party Leadership Group of the Ministry of Finance Li Qiang [3]

Timeline

Lan Fo'anLiu KunXiao JieLou JiweiXie XurenJin RenqingXiang HuaichengLiu ZhongliWang BingqianWu BoZhang JingfuYin ChengzhenLi XiannianDeng XiaopingRong ZiheBo YiboMinister of Finance (China)

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References

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