Ministry of Finance, People's Republic of China

(1) To formulate fiscal and taxation development strategies, plans, policies and reform programs and organize their implementation. To analyze and forecast the macroeconomic situation, to participate in the formulation of macroeconomic policies, and to put forward suggestions on the use of fiscal and tax policies to implement macro-control and comprehensively balance social financial resources. We will formulate distribution policies between the central and local governments, and between the state and enterprises, and improve fiscal and tax policies to encourage the development of public welfare undertakings.

(2) To draft laws and administrative regulations on finance, finance and accounting management, formulate departmental rules and supervise their implementation. To organize foreign finance, debt and other international negotiations and initiate relevant agreements and agreements.

(3) To be responsible for the management of all fiscal revenues and expenditures of the central government. To draw up the draft of annual central budgets and final accounts and organize their implementation. To organize the formulation of expenditure standards and quotas, review and approve the annual budgets and final accounts of departments (units). Entrusted by The State Council, to report to the National People's Congress and its Standing Committee on the budget, implementation and final accounts. To be responsible for the asset management of government investment funds funded by the central finance. To be responsible for the disclosure of the central budget and final accounts.

(4) Responsible for organizing the drafting of tax laws, administrative regulations and implementation rules and tax policy adjustment plans. Participate in foreign-related tax negotiations, sign foreign-related tax agreements and draft agreements. To put forward tariff and import tax policies, organize the formulation of duty-free industry policies and related management systems. To draw up tariff negotiation plans, participate in relevant tariff negotiations, and put forward proposals for the imposition of special tariffs. To undertake the specific work of the Tariff Commission of The State Council.

(5) To be responsible for the administration of government non-tax revenue according to the division of labor. To be responsible for the administration of government-managed funds, and to administer administrative fees in accordance with regulations. Manage financial notes. Formulate lottery management policies and relevant measures, supervise the lottery market, and manage lottery funds according to regulations.

(6) To organize the formulation of the Treasury management system and the Treasury centralized collection and payment system, to guide and supervise the operations of the central Treasury and to carry out the Treasury cash management. To formulate measures for the preparation of government financial reports and organize their implementation. To be responsible for the formulation and supervision of government procurement system. To be responsible for the negotiation of government procurement market opening.

(7) To formulate and implement domestic government debt management systems and policies. We will formulate the debt management systems and measures for central and local governments in accordance with the law. We will draw up a plan to limit the balance of government bonds and local government bonds. We will manage government foreign debt in a unified manner and formulate a basic management system.

(8) Take the lead in compiling reports on the management of state-owned assets. In accordance with the authorization of The State Council, centralized and unified performance of the central state-owned financial capital donors. To formulate uniform national rules and regulations for the management of state-owned financial capital. To formulate rules and regulations for the management of state-owned assets of administrative institutions and organize their implementation, and formulate expenditure standards and expenditure policies that need to be uniformly stipulated throughout the country.

(9) To examine and compile the draft national budget and final accounts for state capital operations, formulate budget systems and methods for state capital operations, and collect state 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 international balance of payments within the financial budget.

(10) To be responsible for examining and compiling the draft budget and final accounts of the national social insurance funds, drafting the financial management system of relevant funds (funds) together with relevant departments, and undertaking the financial supervision of social insurance funds.

(11) To handle and supervise the economic development expenditure of the central government and the financial allocation of the central government investment projects, to participate in the formulation of central infrastructure investment policies, and to formulate financial management systems for infrastructure construction.

(12) Undertake multilateral and bilateral financial dialogues with relevant countries and regions assigned by The State Council, and carry out international exchanges and cooperation in the field of finance and economics. Manage loans (gifts) from multilateral development agencies and foreign governments in accordance with regulations. To represent our government in relevant international financial organizations.

(13) To administer accounting work throughout the country, supervise and standardize accounting acts, formulate and organize the implementation of unified national accounting systems, guide and supervise the business of certified public accountants and accounting firms, and guide and administer social auditing. To administer related work of assets appraisal according to law.

(14) To administer the National Council for Social Security Fund.

(15) Completing other tasks assigned by the Party Central Committee and The State Council.

(16) Transformation of functions.

1. Improve the macro-control system, innovate the methods of macro-control, establish a mechanism for coordination and coordination of development planning, fiscal and financial policies, strengthen the capacity for economic monitoring, forecasting and early warning, establish a sound working mechanism for studying major issues and reserving policies, and make macro-control more forward-looking, targeted and coordinated.

2. Deepen reform of the fiscal and tax systems. We will accelerate the establishment of a modern fiscal system, carry forward the reform of dividing fiscal powers and expenditure responsibilities, straighten out the division of revenue between the central and local governments, and establish a fiscal relationship between the central and local governments with clear powers and responsibilities, coordinated financial resources, and balanced regional finances. We will improve the transfer payment system, optimize the classification of transfer payments, standardize transfer payment items, and strengthen the overall planning capacity of local governments. We will gradually unify budget allocation, fully implement performance-based management, and establish a comprehensive, standardized and transparent budget system with scientific standards and strong constraints. We will comprehensively implement the management of government-managed funds and lists of administrative fees and charges, and improve the oversight system. We will deepen reform of the tax system, improve the local tax system, gradually increase the proportion of direct taxes, and form a tax system featuring unified tax laws, fair tax burdens, and well-regulated taxation.

3. Forestall and defuse local government debt risks. We will standardize debt financing mechanisms, establish a "closed-loop" management system, strictly control debt risks within legal limits, strive to prevent and control hidden debt risks, and firmly hold the bottom line that systemic risks will not occur.

(17) Division of responsibilities.

1. Division of tax administration responsibilities. (1) The Ministry of Finance is responsible for putting forward tax legislation proposals, and proposing with the State Administration of Taxation and other departments suggestions on tax increases and reductions, tax rate adjustments, tax reductions and exemptions. The Ministry of Finance is responsible for organizing the drafting of tax laws, draft administrative regulations, implementation rules and tax policy adjustment plans, while the State Administration of Taxation specifically drafts tax laws, draft administrative regulations and implementation rules and puts forward tax policy suggestions, which are jointly reported and issued by the Ministry of Finance and the State Administration of Taxation after deliberation. The State Administration of Taxation shall be responsible for the interpretation of tax collection and administration and general tax administration issues in the implementation of tax laws and administrative regulations, and shall later file with the Ministry of Finance. (2) The Ministry of Finance shall be responsible for organizing the drafting of customs laws and administrative regulations and the implementation rules, and the General Administration of Customs and other departments shall participate in the drafting, which shall be jointly reported to the General Administration of Customs after deliberation by the Ministry of Finance. The tariff Commission of The State Council shall be responsible for the adjustment of tariff items and rates. Tariff tax policy adjustment plans shall be studied and proposed by the Ministry of Finance in conjunction with relevant departments.

2. Division of non-tax income management responsibilities. The Ministry of Finance shall be responsible for the formulation and implementation of the centralized collection system of non-tax revenue for the Treasury, and the management of non-tax revenue accounts, collection methods, and refunds. The State Administration of Taxation and other departments, in accordance with the relevant provisions on the centralized collection of non-tax income by the Treasury, are responsible for the declaration and collection of non-tax income, unified accounting, payment inspection, arrearage recovery and illegal punishment, etc., and the information on 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 in central administrative institutions. The Ministry of Finance shall be responsible for formulating rules and regulations for the management of state-owned assets of administrative institutions, and shall be responsible for organizing implementation, supervision and inspection. The National Government Offices Administration is responsible for the management of state-owned assets of central administrative institutions (i.e., departments under The State Council, institutions directly under The State Council, the Supreme People's Court, the Supreme People's Procuratorate, relevant people's organizations, etc.) and their service centers, as well as the definition of property rights, inventory and registration, and disposal of assets. To formulate specific systems and methods for the management of state-owned assets by central administrative institutions and organize their implementation, and accept the guidance, supervision and inspection of the Ministry of Finance. The central administrative institutions shall be responsible for the management of the state-owned assets of their affiliated institutions (except the service centers of government organs, etc.) and their agencies ^[4] .

Departmental organ :

(1) General Office. To be responsible for the daily operation of the organ, to undertake the work of information, news publicity, security and confidentiality, letters and visits, and openness of government affairs. To undertake the financial affairs, government procurement and state-owned assets management of the organs and units directly under them.

(2) Policy Research Office. To put forward specific suggestions and supervise the implementation of the major decisions and arrangements of the central government's financial and economic work. To study major issues in economic, social and financial work, put forward proposals for fiscal and taxation reform and important fiscal and taxation policies, and put forward proposals for financial support for reform and development in related fields.

(3) General Department. Analyze and forecast the macroeconomic situation, put forward macro-control policy suggestions, and put forward mid - and long-term financial planning suggestions. Organize the construction of financial information database. To organize the formulation of a system for government procurement of services. To put forward policy suggestions and reform plans for income distribution. To manage housing reform and security funds. We will work with relevant parties to formulate revenue and expenditure policies on the transfer of state-owned resources such as land, sea, islands and minerals. To undertake work related to lottery management. To undertake work related to sorting out and standardizing civil servants' allowances and subsidies. Manage financial notes.

(4) Department of Treaty and Law. To draft relevant laws, administrative regulations and rules. To undertake the review of the legality of relevant normative documents. To organize the work of publicizing the financial law. To undertake major administrative penalty hearing, administrative reconsideration, administrative response and other work.

(5) Department of Taxation. To organize the drafting of tax laws and administrative regulations and rules for their implementation. To put forward proposals on increasing or decreasing tax types, adjusting tax rates of tax items, reducing or exempting taxes, and adjusting tax policies. To undertake work related to foreign tax negotiations, and formulate international tax agreements and agreement models. Carry out tax source investigation and analysis. To organize the formulation of government non-tax revenue management systems and policies, and undertake related work such as the management of government-managed funds and administrative charges.

(6) Department of Customs (Office of Tariff Commission of The State Council). To organize the drafting of customs laws and administrative regulations and rules for their implementation. Put forward suggestions for adjustment of tariff items. To make recommendations on tariff and import tax policies. To draw up tariff negotiation plans, undertake relevant tariff negotiation work, and put forward proposals for the imposition of special tariffs.

(7) Budget Department. To put forward suggestions on fiscal policies, fiscal systems, budget management systems and government debt management systems, and organize the preparation of medium-term fiscal plans. We will prepare the draft annual central budget and final accounts and budget adjustment plans, and organize the preparation and examination of the central government's general public budgets, budgets for government-managed funds, budgets for state capital operations, and budgets for social security funds. To organize the construction of central department expenditure standard system and project library management. To undertake transfer payments from the central government to local governments and compile annual local budgets. To undertake work related to government debt management.

(8) Treasury Department (Government Procurement Management Office). Organize budget implementation, monitoring, analysis and forecast. To formulate a general budget accounting system. To organize the formulation of Treasury management and centralized Treasury collection and payment systems. To organize and implement the centralized collection of government non-tax revenue from the Treasury. To manage the accounts of financial and budgetary units, financial final accounts and general accounting. To formulate the government financial reporting system and organize its implementation. To undertake the work related to Treasury cash management. To undertake the administration of the issuance and payment of domestic government bonds. To formulate the government procurement system, supervise and manage it, and undertake negotiations on the opening of the government procurement market.

(IX) Department of Defense. To undertake departmental budgets and budget expenditures related to the army, military industry, military-civilian integration and development, and put forward relevant fiscal policy suggestions. To formulate financial management systems for military scientific research institutions. In conjunction with relevant parties to study and formulate military pricing negotiation rules.

(10) Department of Economic Construction. To undertake departmental budgets and budget expenditures related to industry, transportation, energy, commerce, food and material reserves, construction, emergency, etc., and put forward relevant fiscal policy suggestions. To handle financial allocations for central infrastructure investment, participate in the formulation of relevant policies, and formulate financial management systems for infrastructure construction. To undertake the financial management of policy-based subsidies and special reserves. To undertake the work related to the three central enterprises of railway, postal and tobacco, which are performed by the Ministry of Finance on behalf of The State Council as investors.

(XI) Department of Administrative Law and Law. To undertake departmental budgets and budget expenditures related to administration, politics and law, diplomacy, international development and economic and trade cooperation, and put forward relevant fiscal policy suggestions. To formulate a financial management system for administrative funds and propose expenditure standards and quotas. To formulate a system of living treatment for persons going abroad on official business and staff of agencies stationed in Hong Kong and Macao. To handle the payment of membership dues and donations from the state finance to international organizations. Responsible for uniform dress management.

(12) Department of Science, Education and Culture (Office of the Central Leading Group for Supervision and Administration of State-owned Assets of Cultural Enterprises). To undertake departmental budgets and budget expenditures related to publicity, culture and tourism, science and technology, education, sports, etc., and put forward relevant financial policy suggestions. To undertake the work related to the central cultural enterprises which are performed by the Ministry of Finance on behalf of The State Council as investors. To formulate a general financial management system for public institutions. To administer the central financial funds for science and technology and educational funds for colleges and universities. To undertake the daily work of the Leading Group for Supervision and Management of State-owned Assets of the Central Cultural Enterprises.

(XIII) Department of Social Security. To undertake departmental budgets and expenditures related to human resources and social security, civil affairs, health, veterans affairs, medical security, etc., and put forward relevant fiscal policy suggestions. To formulate the financial management system of relevant funds (funds) in conjunction with relevant parties. To examine and compile the draft budgets and final accounts of national social insurance funds. To undertake financial supervision of social insurance funds.

(xiv) Division of Natural Resources and Ecological Environment. To undertake departmental budgets for natural resources, ecological environment, forestry and grassland and budget expenditures in related fields, and put forward fiscal policy suggestions for promoting resource conservation, land consolidation, ecological protection and restoration, pollution prevention and control, nuclear and radiation safety, oceans, surveying and mapping, and national park construction. To participate in the formulation of development plans and policies in the fields of natural resources and ecological environment.

(15) Department of Agriculture and Rural Affairs. To undertake departmental budgets and budget expenditures related to agriculture and rural areas, water conservancy, meteorology, poverty alleviation, etc., and put forward relevant fiscal policy suggestions. To undertake financial support for the implementation of the rural revitalization strategy, and make overall arrangements for financial poverty alleviation funds. To put forward suggestions on policies and measures for comprehensive rural reform. To undertake the related work of Heilongjiang Beidahuang Agricultural Reclamation Group Corporation on behalf of The State Council.

(XVI) Asset Management Division. To formulate rules and regulations for the management of state-owned assets of administrative institutions, financial systems of enterprises and preparation methods for financial accounting reports of enterprises and organize their implementation. We will promote centralized and unified supervision of state-owned assets for operation in central administrative institutions. Report on the management of state-owned assets. To undertake the work related to asset evaluation and management.

(XVII) Department of Finance. To undertake coordination and cooperation between fiscal policy and monetary policy, financial supervision and financial system reform. To formulate rules and regulations for the management of state-owned financial capital, and undertake the work related to the contributors of central state-owned financial capital. To undertake the work related to the budget of financial departments, and formulate financial systems for financial enterprises and financial management departments. To formulate policies related to policy-based finance and inclusive finance. To undertake the administration of government foreign debt. To formulate measures for investment management of the national social security fund in conjunction with relevant parties. To formulate a system of cooperation between the government and private capital in the field of public services.

(18) Department of International Economic Relations (Hong Kong, Macao and Taiwan Office). To study and analyze major issues concerning international economic relations. To undertake international multilateral and bilateral financial cooperation, dialogue and other matters. To undertake foreign affairs administration of the Ministry of Finance. To undertake cooperation and exchange affairs involving Hong Kong, Macao and Taiwan.

(XIX) Division of International Financial Cooperation. To study and analyze major issues in international financial cooperation. To undertake work related to investment and financing, development assistance, technical assistance, economic monitoring and fund management of international financial organizations. Manage loans (gifts) from multilateral development agencies and foreign governments in accordance with regulations. To be responsible for the office of the Chinese director and Executive Board of international financial organizations.

(x) Accounting Division. To formulate and organize the implementation of a unified national accounting system. To guide the construction of accounting talents, and to undertake the management of accounting professional technical qualifications according to regulations. To guide and supervise the business work of certified public accountants, accounting firms and bookkeeping agencies.

(21) Supervision and Evaluation Bureau. To undertake supervision over the implementation of fiscal and taxation laws and policies and budget management. To supervise and inspect the quality of accounting information, certified public accountants and the quality of assets appraisal. To undertake work related to budget performance evaluation.

(XXII) Department of Personnel and Education. To undertake the work of cadres, personnel and organizational establishment of organs, dispatched agencies and units directly under them. To guide the construction and education and training of talents in the financial system. To undertake the inspection work of organs, agencies and units directly under them.

Party committee. To be responsible for the party and mass work of the organs and units directly under Beijing.

Department of retired officials. To be responsible for the work of retired cadres ^[4] .

Attached to a public institution : Treasury payment center , Center for Tariff Policy Studies , Institute of Fiscal Science, Ministry of Finance , Cadre education center , Information network center , Agency service center , Investment review center , China Finance Magazine , China Financial News , China Financial and Economic Press , Accounting Qualification Evaluation Center , National Comprehensive Agricultural Development Evaluation Center , Economic Science Press , Bill supervision center , Accounting standards board , World Bank Loan Project Evaluation Center , Chinese Accounting correspondence School , Beijing National Accounting Institute , Shanghai National Accounting Institute , Xiamen National Accounting Institute , Asia-pacific Center for Finance and Development , Chinese Museum of Finance and Taxation , China Clean Development Mechanism Fund Management Center , Chinese Institute of Certified Public Accountants , China National Debt Association , National Institute of Budget Accounting , Accounting association of China , China Abacus mental Arithmetic Association , China Rural Finance Research Society , Chinese fiscal society , China Society of State-owned Assets Management , China Asset Appraisal Association , National Council for Social Security Fund . ^{[1-2] [5]}

Local Office of the Ministry of Finance : Office of Financial Ombudsman of Ministry of Finance in Beijing, Office of Financial Ombudsman of Ministry of Finance in Tianjin, Office of Financial Ombudsman of Ministry of Finance in Hebei, Office of Financial Ombudsman of Ministry of Finance in Shanxi, Office of Financial Ombudsman of Ministry of Finance in Inner Mongolia, Office of Financial Ombudsman of Ministry of Finance in Liaoning, Office of Financial Ombudsman of Ministry of Finance in Dalian, and Ministry of Finance in Jilin Office of the Government Ombudsman, Office of the Finance Ombudsman in Heilongjiang, Office of the Finance Ombudsman in Shanghai, Office of the Finance Ombudsman in Jiangsu, Office of the Finance Ombudsman in Zhejiang, Office of the Finance Ombudsman in Ningbo, Office of the Finance Ombudsman in Anhui, Office of the Finance Ombudsman in Fujian Office of Financial Ombudsman, Ministry of Finance in Xiamen ^[6] Office of the Financial Ombudsman of the Ministry of Finance in Jiangxi, Office of the Financial Ombudsman of the Ministry of Finance in Shandong, Office of the Financial Ombudsman of the Ministry of Finance in Qingdao, Office of the Financial Ombudsman of the Ministry of Finance in Henan, Office of the Financial Ombudsman of the Ministry of Finance in Hubei, Office of the Financial Ombudsman of the Ministry of Finance in Hunan, Office of the Financial Ombudsman of the Ministry of Finance in Guangdong, and Ministry of Finance in Shenzhen Office of the Government Ombudsman, Office of the Financial Ombudsman of the Ministry of Finance in Guangxi, Office of the Financial Ombudsman of the Ministry of Finance in Hainan, Office of the Financial Ombudsman of the Ministry of Finance in Chongqing, Office of the Financial Ombudsman of the Ministry of Finance in Sichuan, Office of the Financial Ombudsman of the Ministry of Finance in Guizhou, Office of the Financial Ombudsman of the Ministry of Finance in Yunnan, Office of the Financial Ombudsman of the Ministry of Finance in Shaanxi Office of the Financial Ombudsman of the Ministry of Finance in Gansu ^[7] Office of the Financial Ombudsman of the Ministry of Finance in Qinghai, Office of the Financial Ombudsman of the Ministry of Finance in Ningxia, Office of the Financial Ombudsman of the Ministry of Finance in Xinjiang. ^[8]

The Ministry of Finance has 698 administrative staff. There are 1 minister, 4 deputy ministers, and 96 directorate-level leaders (including 1 assistant minister, 1 full-time deputy secretary of the Party Committee of the organ, and 3 leaders of the retired cadre bureau). ^[4] .

Lamfolan : Secretary of the Party Group of the Ministry of Finance ^{[14, 15]}

Liao Min : Member of the Party Group and Vice Minister of the Ministry of Finance

Zhu Zhongming : Member of the Party Group and Vice Minister of the Ministry of Finance

Yang Guozhong : Leader of the discipline inspection and supervision group of the Central Commission for Discipline Inspection and the State Supervision Commission in the Ministry of Finance, member of the Party Group of the Ministry of Finance

Wang Dongwei : Member of the Party Group and Vice Minister of the Ministry of Finance

Liu Wei : Member of the Party Group of the Ministry of Finance, Chairman of the National Social Security Fund Council

Song Qichao : Member of the Party Group of the Ministry of Finance, assistant Minister Richard ^[16]

(Updated January 2024 ) ^{[9] [16-17]}

No.3 Henan Third Lane, Sanli, Xicheng District, Beijing ^[13]