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Ministry of Finance (MOF) Organization Chart

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Ministry of Finance (MOF) Organization Chart Ministry of Finance (MOF) 财政部 Address: 3 Sanlihe Nansanxiang, Xicheng Qu, Beijing 100820 | Phone: 86-10-6855-1114 | Website: www.mof.gov.cn MOF plays a macroeconomic role in the reform of state-owned enterprises (SOE) and other public institutions’ financial management systems. The ministry’s primary goals include streamlining and reducing mounting financial and taxation sector debts in cooperation with the State Asset Supervision and Administration Commission, State Administration of Taxation, State Auditing Administration, and National Development and Reform Commission. MOF oversees the issuance of government bonds, negotiates loans provided by foreign governments, drafts management regulations for public assets, and is responsible for the non-governmental auditing sector. MOF also has responsibility for the State Council's Tariff Regulations Committee and management of some SOE assets. Minister Lou Jiwei 楼继伟 Vice Ministers and Vice Minister-Level Officials Zhang Shaochun 张少春 Liu Jianhua 刘建华 Zhu Guangyao 朱光耀 (Vice Minister) (Head of Discipline Inspection) (Vice Minister) Responsible for the Tax Administration Bureau and Responsible for the Party Committee, MOF Inspection Responsible for the Tariffs and Office of External the Budget and National Defense departments. Work Leading Group Office, and the Inspection Economic Cooperation departments; China State Bureau. Finance magazine and China Financial and Economic News; and assists Minister Lou in the US-China Strategic and Economic Dialogue (S&ED), the British-China Economic and Financial Dialogue, and the State Council Customs Tariff Commission. Liu Kun 刘昆 Wang Baoan 王保安 (Vice Minister) (Vice Minister) Responsible for the Treasury, Economic Construction, Responsible for the General Financial Affairs and and Supervision departments and MOF local Social Security departments; Institute of Fiscal inspection and investment evaluation centers. Science; and the China Financial Publishing Media Group. © 2013, The US-China Business Council 1 Assistant Ministers Liu Hongwei 刘红薇 Hu Jinglin 胡静林 Yu Weiping 余蔚平 Responsible for the Treaty and Law and Enterprise Responsible for the General Office, Agriculture, State Responsible for the Education, Science, and Culture departments; Cadres Education Center; MOF Service Agricultural Development Office, and Bureau of Retired and Accounting departments; Central Cultural Center; Chinese Accounting Correspondence School; Officials; Information Network Center; China Finance Enterprises and State-Owned Assets Supervision and and China Appraisal Society. and Taxation Museum; and assists Minister Lou with Leading Group Office; MOF Accounting Qualification the Comprehensive Rural Reform Working Group. Evaluation Center; Beijing, Shanghai, and Xiamen National Accounting Institutes; and assists Minister Lou with the Personnel and Education Department. Zheng Xiaosong 郑晓松 Responsible for the International department; China Clean Development Fund Management Center; and the Beijing division of the Asia-Pacific Finance and Development Center. Department Responsibilities* General Office (办公厅) General Financial Affairs (综合司) Treaty and Law (条法司) Conducts routine operations, such as drafting reports, Researches macroeconomic situation and puts forward Researches and proposes changes for the issuing press releases, and completing administrative recommendations; researches income distribution construction of tax laws and regulations; formulates tax work. policies; manages housing reform budget and tax law planning; organizes and assists in drafting financial revenue system; and provides assistance and laws and reports; examines financial reporting, tax participates in management of financial reform revenue, and national asset management laws; and programs. represents the ministry in lawsuits. Tax Policy (税政司) Tariffs (关税司) Budget (预算司) Researches domestic and foreign tax policies and Researches and proposes tariff and import tax policies; Drafts financial system and budget management drafts implementation programs; proposes tax drafts tariff agreement programs and participates in systems; conducts medium and long-term financial structure reforms; participates in foreign tax related agreements; studies and proposes construction planning; studies and proposes annual budget negotiations; and drafts international tax agreements. of special tax levies; and conducts routine work for the oversight; and investigates and reports on national State Council’s Office of Customs Tariff Commission. budget implementation conditions. State Treasury (国库司) National Defense (国防司) Administrative and Law Enforcement Proposes and drafts national treasury management Undertakes national defense-related finance duties. (行政政法司) systems and financial budget and administrative Responsible for the funding for financial management accounting systems; investigates national budget expenses; researches and proposes standards for implementation conditions; collects central, area, and administrative funding expenses; manages foreign nationwide financial accounting reports; and drafts and financial aid; and supervises and tracks supervises implementation of government purchasing implementation of department budgeting. policies. © 2013, The US-China Business Council 2 Education, Science, and Culture (教科文司) Economic Construction (经济建设司) Agriculture (农业司) Undertakes work related to education, technology, and Researches and formulates financial investment Researches agricultural financial policies; participates culture; draws up financial policies for news, policies; manages national goods and materials in agricultural industry planning; formulates agricultural publishing, and film industries; manages asset-reserve policy subsidies; manages research and asset-management methods and industry financial financial-related work for cultural enterprises; and related funding; and manages the use and conditions management systems; and supervises implementation undertakes work on state-owned assets and of inspections of central assets. of department budgets. institutions. Social Security (社会保障司) Enterprise (企业司) Finance (金融司) Researches and formulates national social security Researches and draws up policies on financial policy in Coordinates work related to monetary and fiscal policy, regulations and policies; presents draft budgets for support of enterprise reform and development; state-owned assets, and financial institutions; social security programs; and evaluates and gives manages budgeting process of state-owned assets; develops management systems and supervises advice on financial spending standards, annual and promotes central-level policies in support of implementation of securities, insurance, and other budgets, and special fund management. finance-related industries. non-bank financial institutions; responsible for foreign debt and foreign government loans; implements and supervises export credit insurance and related policies. International (国际司) Office of External Economic Cooperation (对外财经 Accounting (会计司) Researches international financial policy and provides 交流办公室) Manages national accounting; promotes policies to recommendations; responsible for China’s loans and Responsible for carrying out financial and economic reform and develop China’s accounting practices; participation in the World Bank and Asian dialogues with the international community, particularly strengthen international exchanges related to Development Bank; oversees financial work on Hong with countries assigned by the State Council. accounting; and develops policies related to CPA and Kong, Macau, and Taiwan; supervises personnel administrative licensing approval and management. inspection and training. Supervision Bureau (监督检查局) State Agricultural Development Office (国家农业 Personnel and Education (人事教育司) Formulates financial supervision and inspection 综合开发办公室) Oversees hiring, training, and salary adjustments for regulations; supervises implementation of tax Formulates and oversees implementation of MOF and manages the National Accounting Academy. regulations and policies; and investigates agricultural development policies, plans, programs, finance-related legal infringements. funds, and financial management rules. Chinese Communist Party (CCP) Committee Inspection Bureau (驻部监察局) Bureau of Retired Officials (离退休干部局) (机关党委) Supervises and enforces MOF compliance with Handles retired cadre affairs. Responsible for MOF’s CCP relations. national regulations and laws. State Rural Reform Office (国务院农村综合改革办 Central Cultural Enterprises and State-Owned 公室) Assets Supervision and Leading Group Office Leads the State Council’s effort to reform rural (中央文化企业国有资产监督管理领导小组办公室) taxation. Responsible for drafting laws and regulations on cultural enterprises, and undertakes cadre management and asset management work. *Note: Some department information unavailable. Information accurate as of June 2013. © 2013, The US-China Business Council 3 .
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