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
Incumbent
Lan Fo'an
since 24 October 2023
Ministry of Finance
StatusProvincial-Ministerial level official
Member ofState Council
SeatMinistry of Finance Building, Xicheng District, Beijing
NominatorPremier
(chosen within the Chinese Communist Party)
AppointerPresident
with the confirmation of the National People's Congress or its Standing Committee
PrecursorMinister of Finance of the Republic of China
Formation19 October 1949; 75 years ago (1949-10-19)
First holderBo Yibo
DeputyVice Minister of Finance
Websitewww.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]

  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.