Components of the State Council of the People's Republic of China
synonymtreasury department(Ministry of Finance) generally refers to the Ministry of Finance of the People's Republic of China
The People's Republic of ChinaThe Ministry of Finance is the People's Republic of Chinathe state councilThe constituent departments are at the ministerial level.Its predecessor was the Ministry of Finance of the Central People's Government, which was established on October 1, 1949.
The main functions of the Ministry of Finance include formulating and implementing fiscal and tax development strategies, plans, policies and reform programs.Analyze and predict the macroeconomic situation, participate in the formulation of macroeconomic policies, and put forward suggestions on the use of fiscal and tax policies to implement macro-control and comprehensively balance social financial resources.Draw up distribution policies between the central and local governments, the state and enterprises, and improve fiscal and tax policies that encourage the development of public welfare undertakings.Draft laws and administrative regulations on finance, finance and accounting management, formulate departmental rules, and supervise their implementation.Organize international negotiations on foreign finance, debt, etc., and initialize relevant agreements and agreements.To be responsible for the management of the central government's revenue and expenditure.[13]
（1） To formulate and organize the implementation of fiscal and tax development strategies, plans, policies and reform programs.Analyze and predict the macroeconomic situation, participate in the formulation of macroeconomic policies, and put forward suggestions on the use of fiscal and tax policies to implement macro-control and comprehensively balance social financial resources.Draw up distribution policies between the central and local governments, the state and enterprises, and improve fiscal and tax policies that encourage the development of public welfare undertakings.
（2） Draft laws and administrative regulations on finance, finance and accounting management, formulate departmental rules, and supervise their implementation.Organize international negotiations on foreign finance, debt, etc., and initialize relevant agreements and agreements.
（3） To be responsible for the management of the central government's revenue and expenditure.Prepare the draft of annual central budget and final accounts and organize their implementation.Organize the formulation of expenditure standards and quotas, and review and approve the annual budget and final accounts of departments (units).Entrusted by the State Council, report to the National People's Congress and its Standing Committee on the financial budget, implementation and final accounts.To be responsible for the management of the assets contributed by the central finance of the government investment fund.To be responsible for the disclosure of the central budget and final accounts.
（4） Responsible for organizing the drafting of tax laws, administrative regulations, implementation rules and tax policy adjustment plans.Participate in foreign-related tax negotiations, and sign foreign-related tax agreements and draft agreements.Propose tariff and import tax policies, and organize the formulation of duty-free industry policies and relevant management systems.Draw up the tariff negotiation plan, participate in the relevant tariff negotiations, and put forward suggestions on the imposition of special tariffs.To undertake the specific work of the Customs Tariff Commission of the State Council.
（5） Responsible for the management of government non tax revenue according to the division of labor.To be responsible for the management of government funds and the management of administrative and institutional fees according to regulations.Manage financial bills.Formulate lottery management policies and relevant measures, supervise the lottery market, and manage lottery funds according to regulations.
（6） Organize the formulation of treasury management system and treasury centralized collection and payment system, guide and supervise the central treasury business, and carry out treasury cash management.Formulate government financial report preparation methods and organize their implementation.Responsible for formulating government procurement system and supervising management.Responsible for negotiations on the opening of the government procurement market.
（7） To formulate and implement government domestic debt management systems and policies.The central and local government debt management system and measures shall be formulated according to law.We will work out a plan to limit the balance of government bonds and local government bonds.We will manage government foreign debt in a unified way and formulate a basic management system.
（8） Take the lead in preparing the report on the management of state-owned assets.According to the authorization of the State Council, centralized and unified performance of the central state-owned financial capital contributor responsibilities.To formulate unified national rules and regulations for the management of state-owned financial capital.To formulate and organize the implementation of rules and regulations for the management of state-owned assets of administrative institutions, and formulate expenditure standards and policies that need to be uniformly stipulated throughout the country.
（9） To be responsible for reviewing and compiling the draft budget and final accounts for the operation of state-owned capital nationwide, formulating the budget system and methods for the operation of state-owned capital, and collecting state-owned capital gains from enterprises at the central level.Responsible for formulating and organizing the implementation of enterprise financial system.To be responsible for the management of non trade foreign exchange of administrative institutions and social organizations within the financial budget and the balance of payments within the financial budget.
（10） To be responsible for reviewing and summarizing the draft of the budget and final accounts of the national social insurance fund, to formulate the financial management system of the relevant funds (funds) together with the relevant departments, and to undertake the financial supervision of the social insurance fund.
（11） Responsible for handling and supervising the economic development expenditure of the central government, the financial allocation of the central government investment projects, participating in the formulation of the central infrastructure investment related policies, and formulating the infrastructure financial management system.
（12） Undertake the multilateral and bilateral financial dialogue with relevant countries and regions assigned by the State Council, and carry out international exchanges and cooperation in the financial field.Manage the loans (gifts) of multilateral development institutions and foreign governments according to regulations.To participate in relevant international financial organizations on behalf of the Chinese government.
（13） To be responsible for managing the national accounting work, supervising and standardizing accounting behavior, formulating and organizing the implementation of a unified national accounting system, guiding and supervising the business of certified public accountants and accounting firms, and guiding and managing social auditing.Manage the work related to asset appraisal according to law.
（14） To administer the National Council for Social Security Fund.
（15） Complete other tasks assigned by the Party Central Committee and the State Council.
（16） Function transformation.
1. Improve the macro-control system, innovate the way of regulation, build a policy coordination and work coordination mechanism for development planning, finance, finance, etc., strengthen the ability to monitor, predict and warn the economy, establish and improve the working mechanism for research on major issues and policy reserves, and enhance the foresight, pertinence, and synergy of macro-control.
2. Deepen the reform of the fiscal and taxation system.We will accelerate the establishment of a modern fiscal system, promote the reform of the division of fiscal powers and expenditure responsibilities, straighten out the division of central and local revenue, and establish a central and local fiscal relationship with clear powers and responsibilities, coordinated financial resources, and balanced regions.We will improve the transfer payment system, optimize the classification of transfer payments, standardize transfer payment projects, and enhance local capacity for overall planning.Gradually unify budget allocation, fully implement performance management, and establish a comprehensive, standardized, transparent, scientific, and well constrained budget system.We will comprehensively implement the list management of government funds and administrative fees, and improve the supervision system.Deepen the reform of the tax system, improve the local tax system, gradually increase the proportion of direct taxes, and form a tax system with unified tax laws, fair tax burden, and moderate regulation.
3. Prevent and resolve local government debt risks.Standardize the debt financing mechanism, build a "closed-loop" management system, strictly control the debt risk within the legal limit, focus on preventing and controlling the hidden debt risk, and firmly hold the bottom line of no systemic risk.
（17） Relevant responsibility division.
1. Division of duties of tax administration.(1) The Ministry of Finance is responsible for putting forward tax legislative proposals, together with the State Administration of Taxation and other departments, to put forward proposals on the increase or decrease of tax categories, the adjustment of tax items and tax rates, and the reduction or exemption of taxes.The Ministry of Finance is responsible for organizing the drafting of tax laws, administrative regulations, and implementation rules and tax policy adjustment plans. The State Administration of Taxation specifically drafts tax laws, administrative regulations, and implementation rules, and puts forward tax policy recommendations. The Ministry of Finance will organize the review and jointly report and issue them with the State Administration of Taxation.The State Administration of Taxation is responsible for explaining the collection and management and general tax issues in the implementation of tax laws and administrative regulations, and then filing with the Ministry of Finance.(2) The Ministry of Finance is responsible for organizing the drafting of tariff laws, administrative regulations and implementation rules, with the participation of the General Administration of Customs and other departments. The Ministry of Finance will organize the review and jointly report to the General Administration of Customs.The Tariff Commission of the State Council shall be responsible for the adjustment of tariff items and rates.The tariff and tax policy adjustment plan shall be proposed by the Ministry of Finance in conjunction with relevant departments.
2. Division of non tax revenue management responsibilities.The Ministry of Finance is responsible for formulating and organizing the implementation of the centralized collection system of non tax revenue from the national treasury, and is responsible for the management of non tax revenue accounts, collection methods, refund and return to the treasury.The State Administration of Taxation and other departments are responsible for the declaration and collection of non tax income, accounting, payment inspection, arrears recovery and illegal punishment, etc. in accordance with the relevant provisions on the centralized collection of non tax income from the national treasury, and the information on the collection of non tax income items is shared with the Ministry of Finance in a timely manner.
3. Division of responsibilities for state-owned assets management of central administrative institutions.The Ministry of Finance is responsible for formulating the rules and regulations for the management of state-owned assets of administrative institutions, and for organizing the implementation, supervision and inspection.The State Administration for Organ Affairs is responsible for the management of state-owned assets of central administrative institutions (namely, departments of the State Council, institutions directly under the State Council, the Supreme People's Court, the Supreme People's Procuratorate, relevant people's organizations, etc.), organs and organ service centers, and undertakes the definition of property rights, check and registration, and asset disposal,Formulate specific systems and measures for the management of state-owned assets of central administrative institutions, organize their implementation, and accept the guidance, supervision and inspection of the Ministry of Finance.The central administrative institution shall be responsible for the management of state-owned assets of its affiliated institutions (except the service center of the organ) and its local offices according to regulations[4]。
Institutional setup
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Ministry：
（1） General Office.To be responsible for the daily operation of the organ, and undertake information, news publicity, security and confidentiality, letters and visits, government affairs publicity and other work.To be responsible for the financial affairs, government procurement and management of state-owned assets of organs and directly affiliated units.
（2） Policy Research Office.Put forward specific suggestions for the department to implement the major decisions and arrangements of the central financial work and supervise the implementation.Study major issues in economic, social and financial work, put forward suggestions on fiscal reform and important fiscal policies, and put forward suggestions on financial support for reform and development in related fields.
（3） Integrated Division.Analyze and predict the macro-economic situation, put forward macro-control policy suggestions, and put forward medium and long-term financial planning suggestions.Organize the construction of financial information database.Organize and formulate the system of government purchasing services.Propose income distribution policy suggestions and reform plans.Manage housing reform and security funds.Work with relevant parties to formulate revenue and expenditure policies for the transfer of state-owned resources such as land, sea islands and minerals.Undertake lottery management.Undertake the work related to cleaning up and standardizing allowances and subsidies for civil servants.Manage financial bills.
（4） Department of Treaty and Law.Draft relevant laws, administrative regulations and rules.To review the legality of relevant normative documents of the organ.To organize financial law popularization.Undertake the hearing of major administrative punishment, administrative reconsideration, administrative response, etc.
（5） Tax Secretary.Organize the drafting of tax laws, administrative regulations and implementation rules.Propose suggestions on increase and decrease of tax categories, adjustment of tax items and rates, tax reduction and exemption, and tax policy adjustment plans.Undertake the work related to foreign-related tax negotiations, and draw up international tax agreements and model agreements.Carry out tax source investigation and analysis.Organize the formulation of government non tax revenue management systems and policies, and undertake the management of government funds, administrative fees and other related work.
（6） Department of Customs (Office of the Customs Tariff Commission of the State Council).Organize the drafting of tariff laws, administrative regulations and implementation rules.Put forward suggestions on the adjustment of tariff items and rates.Put forward suggestions on tariff and import tax policies.Draw up the tariff negotiation plan, undertake the relevant tariff negotiation work, and put forward the proposal of levying special tariffs.
（7） Budget Division.Propose financial policies, financial systems, budget management systems, and government debt management systems, and organize the preparation of medium-term financial plans.Prepare the annual central budget and final accounts draft and budget adjustment plan, and organize the preparation and review of the central general public budget, government fund budget, state-owned capital operation budget, and social insurance fund budget.Organize the construction of central department expenditure standard system and project library management.To undertake the transfer payments from the central government to local governments and summarize the annual local budget.To undertake the work related to government debt management.
（8） Treasury Department (Government Procurement Management Office).Organize budget implementation, monitoring, analysis and forecast.To formulate the accounting system for the general financial budget.Organize the formulation of treasury management and treasury centralized collection and payment system.Organize and implement centralized collection of government non tax revenue from the national treasury.To manage the accounts of financial and budgetary units, financial final accounts and general accounting.To formulate the government financial report preparation system and organize its implementation.Undertake the work related to treasury cash management.To undertake the administration of the issuance and redemption of government bonds.To formulate the government procurement system, supervise and manage it, and undertake negotiations on the opening of the government procurement market.
（9） Department of Defense.Undertake the budget of the military, military industry, civil military integration development and other departments and budget expenditures in related fields, and put forward relevant financial policy recommendations.To formulate relevant financial management systems for military scientific research institutions.Work with relevant parties to study and formulate military pricing and negotiation rules.
（10） Department of Economic Construction.Undertake the department budget and budget expenditure in related fields in industry, transportation, energy, commerce and trade, grain and material reserves, construction, emergency, etc., and put forward relevant financial policy suggestions.Handle the financial allocation for central infrastructure investment, participate in the formulation of relevant policies, and formulate the financial management system for infrastructure.Undertake the financial management of relevant policy subsidies and special reserves.Undertake the work related to the railway, postal and tobacco central enterprises where the Ministry of Finance, on behalf of the State Council, performs the functions of investor.
（11） Department of Administrative Politics and Law.Undertake the work related to departmental budgets and budget expenditures in relevant fields in administration, political law, diplomacy, international development and economic and trade cooperation, and put forward relevant financial policy suggestions.To formulate the financial management system of administrative funds and propose expenditure standards and quotas.To formulate the living treatment system for personnel going abroad (abroad) on business and personnel of institutions stationed in Hong Kong and Macao.To handle the work related to national financial contributions to international organizations.Undertake uniform dress management.
（12） Department of Science, Education and Culture (Office of the Leading Group for the Supervision and Management of State owned Assets of Central Cultural Enterprises).Undertake the work related to departmental budget and budget expenditure in related fields in publicity, culture and tourism, science and technology, education, sports, etc., and put forward relevant financial policy suggestions.Undertake the work related to central cultural enterprises where the Ministry of Finance performs the functions of investor on behalf of the State Council.To formulate general financial management system for public institutions.To manage the public science and technology funds of the central finance and the financial education funds of the central universities.To undertake the daily work of the leading group for the supervision and management of state-owned assets of central cultural enterprises.
（13） Social Security Department.Undertake the work related to departmental budgets and budget expenditures in related fields in human resources and social security, civil affairs, health, ex servicemen affairs, medical security, etc., and put forward relevant financial policy recommendations.Formulate the financial management system of relevant funds (funds) together with relevant parties.To review and compile the draft budget and final accounts of the National Social Insurance Fund.To undertake the financial supervision of social insurance funds.
（14） Division of Natural Resources and Ecological Environment.Undertake the work related to departmental budget and budget expenditure in relevant fields in natural resources, ecological environment, forestry and grassland, etc., and put forward financial policy suggestions in promoting resource conservation, land improvement, ecological protection and repair, pollution prevention, nuclear and radiation safety, oceans, surveying and mapping, national park construction, etc.Participate in the formulation of development plans and policies in the field of natural resources and ecological environment.
（15） Department of Agriculture and Rural Affairs.Undertake the work related to departmental budget and budget expenditure in relevant fields in agriculture and rural areas, water conservancy, meteorology, poverty alleviation, etc., and put forward relevant financial policy suggestions.Undertake financial support for the implementation of the rural revitalization strategy, and make overall arrangements for financial poverty alleviation funds.Put forward suggestions on policies and measures for comprehensive rural reform.Undertake the relevant work of Heilongjiang Beidahuang Agricultural Reclamation Group Corporation, which is performed by the Ministry of Finance on behalf of the State Council as the investor.
（16） Asset Management Division.To formulate rules and regulations for the management of state-owned assets of administrative institutions, enterprise financial systems and methods for the preparation of enterprise financial reports, and organize their implementation.We will promote the centralized and unified supervision of state-owned assets for profit of central administrative institutions.Implement the report on the management of state-owned assets.Undertake the work related to asset appraisal management.
（17） Department of Finance.Undertake coordination and cooperation between fiscal policy and monetary policy, financial supervision, and financial system reform.To draft rules and regulations on the management of state-owned financial capital and undertake the work related to central state-owned financial capital contributors.To undertake the budget related work of the financial sector, and to formulate the financial system of financial enterprises and financial management departments.To formulate policies related to policy based finance and inclusive finance.To undertake the management of government foreign debt.Work with relevant parties to formulate measures for the investment management of the national social security fund.To formulate the cooperation system of government and social capital in the field of public services.
（18） Department of International Economic Relations (Hong Kong, Macao and Taiwan Office).Research and analyze major issues of international economic relations.Undertake international multilateral and bilateral financial cooperation, dialogue and other matters.To undertake the foreign affairs management of the Ministry of Finance.Undertake cooperation and exchange affairs involving Hong Kong, Macao and Taiwan.
（19） Department of International Financial Cooperation.Research and analyze major issues of international financial cooperation.Undertake investment and financing, development assistance, technical assistance, economic monitoring, fund management, etc. of relevant international financial organizations.Manage the loans (gifts) of multilateral development institutions and foreign governments according to regulations.Undertake the work of Chinese directors and executive board offices of relevant international financial organizations.
（20） Accounting Division.To formulate and organize the implementation of the unified national accounting system.To guide the construction of accounting talent team and undertake the management of professional and technical qualifications of accounting as required.To guide and supervise the business work of certified public accountants, accounting firms and bookkeeping agencies.
（21） Supervision and Evaluation Bureau.To supervise the implementation of fiscal laws, regulations and policies, and budget management.To supervise and inspect the quality of accounting information, the professional quality of certified public accountants and the assets appraisal industry.Be responsible for budget performance evaluation.
（22） Department of Personnel and Education.To be responsible for the cadre, personnel, organization establishment and other work of the organ, local agency and directly affiliated units.To guide the talent team building, education and training of the financial system.To be responsible for the inspection work of organs, local offices and directly affiliated units.
Party committee of the organ.To be responsible for the Party masses work of the organs and units directly under Beijing.
Bureau of Retired Cadres.Responsible for retired cadres[4]。
Local Commissioner Office of the Ministry of Finance: Financial Ombudsman Office of the Ministry of Finance in Beijing, Financial Ombudsman Office of the Ministry of Finance in Tianjin, Financial Ombudsman Office of the Ministry of Finance in Hebei, Financial Ombudsman Office of the Ministry of Finance in Shanxi, Financial Ombudsman Office of the Ministry of Finance in Inner Mongolia, Financial Ombudsman Office of the Ministry of Finance in Liaoning, Financial Ombudsman Office of the Ministry of Finance in DalianFinancial Ombudsman Office of the Ministry of Finance in Jilin, Financial Ombudsman Office of the Ministry of Finance in Heilongjiang, Financial Ombudsman Office of the Ministry of Finance in Shanghai, Financial Ombudsman Office of the Ministry of Finance in Jiangsu, Financial Ombudsman Office of the Ministry of Finance in Zhejiang, Financial Ombudsman Office of the Ministry of Finance in Ningbo, Financial Ombudsman Office of the Ministry of Finance in AnhuiFinancial Ombudsman Office of the Ministry of Finance in Fujian, Financial Ombudsman Office of the Ministry of Finance in Xiamen[6]Financial Ombudsman Office of the Ministry of Finance in Jiangxi, Financial Ombudsman Office of the Ministry of Finance in Shandong, Financial Ombudsman Office of the Ministry of Finance in Qingdao, Financial Ombudsman Office of the Ministry of Finance in Henan, Financial Ombudsman Office of the Ministry of Finance in Hubei, Financial Ombudsman Office of the Ministry of Finance in Hunan, Financial Ombudsman Office of the Ministry of Finance in GuangdongThe Financial Ombudsman Office of the Ministry of Finance in Shenzhen, the Financial Ombudsman Office of the Ministry of Finance in Guangxi, the Financial Ombudsman Office of the Ministry of Finance in Hainan, the Financial Ombudsman Office of the Ministry of Finance in Chongqing, the Financial Ombudsman Office of the Ministry of Finance in Sichuan, the Financial Ombudsman Office of the Ministry of Finance in Guizhou, the Financial Ombudsman Office of the Ministry of Finance in YunnanShaanxi Financial Ombudsman Office of the Ministry of Finance, Gansu Financial Ombudsman Office of the Ministry of Finance[7]The Financial Ombudsman Office of the Ministry of Finance in Qinghai, the Financial Ombudsman Office of the Ministry of Finance in Ningxia, and the Financial Ombudsman Office of the Ministry of Finance in Xinjiang.[8]
staff establishing
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The Ministry of Finance has an administrative staff of 698.There is one minister, four deputy ministers, and 96 department and bureau level leaders (including one assistant minister, one full-time deputy secretary of the Party committee of the organ, and three retired cadres)[4]。
Current leaders
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Lan Fo'an: Secretary of the Party Leadership Group and Minister of the Ministry of Finance[14-15]
Liao Min: Member of the Party Leadership Group and Vice Minister of the Ministry of Finance
Zhu Zhongming: Member of the Party Leadership Group and Vice Minister of the Ministry of Finance
Yang Guozhong: Leader of the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the State Supervision Commission in the Ministry of Finance, member of the Party Leadership Group of the Ministry of Finance
Wang Dongwei: Member of the Party Leadership Group and Vice Minister of the Ministry of Finance
Liu Wei: Member of the Party Leadership Group of the Ministry of Finance, Chairman of the National Social Security Fund Council
Song Qichao: Member of the Party Leadership Group and Assistant Minister of the Ministry of Financereason[16]
From October 19, 1949 to September 18, 1953, served as Deputy Director and Minister of Finance of the Finance and Economic Committee of the Government Affairs Council
From September 18, 1953 to June 19, 1954, he served as Deputy Prime Minister and Minister of Finance of the Government Council of the People's Republic of China
Minister of Finance of the People's Republic of China from August 6, 1980 to June 20, 1983, State Councilor and Minister of Finance of the People's Republic of China from June 20, 1983 to September 3, 1992
