Central Financial and Economic Affairs Commission


The Central Financial and Economic Affairs Commission, formerly known as the Central Leading Group for Financial and Economic Affairs from 1989–2018, is a commission of the Central Committee of the Communist Party of China at the dependence of the CPC Politburo in charge of leading and supervising economic work of both the CPC Central Committee and the State Council. The Commission is headed by CPC General Secretary or Premier of the State Council.
The decision to establish this group was taken by the CPC Politburo Standing Committee on March 17, 1980 to replace the State Commission for Economy and Finance, so as to coordinate the work necessary to meet the requirements of Deng Xiaoping's "Reform and Opening Up" policy. It is currently led by General Secretary Xi Jinping and Premier Li Keqiang. The Leading Group coordinates closely with the National Development and Reform Commission. The Commission is considered the highest body for coordination and discussion on issues related to the economy.
In March 2018, the leading group was transformed into the Central Financial and Economic Affairs Commission.

Leaders

  1. Zhao Ziyang
  2. Jiang Zemin
  3. Hu Jintao
  4. Xi Jinping

    Current composition