金融司

Functions:

  • Monitors coordination of fiscal and monetary policies; researches and formulates policies related to financial macro-control, financial supervision and reform of the financial system, and reform of state-owned financial institutions; studies issues such as maintaining national financial security, monitoring and preventing financial risks, and establishing financial market risk protection and disposal mechanisms; and proposes fiscal response policies and measures
  • Studies and improves management of state-owned financial assets, formulates laws, regulations, and systems for state-owned financial assets, including property rights management, asset evaluation, reduction and transfer of state-owned shares, etc
  • studies the distribution of state-owned financial assets, and establishes a state-owned financial asset reporting system, designs policies regarding direct equity investment, manages the China-Belgium Direct Equity Investment Fund, China Agricultural Industry Development Fund, etc
  • Formulates policies to manage state-state-owned financial enterprises relations; responsible for management for the budgets of central financial enterprises using state-owned capital, formulates management methods, proposes mid-to-long-term revenue and expenditure planning, and undertakes initial budget preparation; organizes the implementation budget and final accounts for central financial enterprises using state-owned capital
  • Draws up financial management systems for financial enterprises, organizes the implementation of financial supervision and management; formulates performance evaluations, salary management, equity incentives, corporate annuities, and other systems for financial enterprises, and organizes related work; undertakes statistical recordkeeping for financial enterprises
  • Be responsible for department budget related work in finance
  • Formulates policy-based financial policies to promote economic and social development; formulating national quota and rate policies for export credit insurance, and approving related matters; formulates financial management systems for policy-oriented financial institutions, responsible for the management of state-owned assets and financial supervision; responsible for the financial foundation State-owned asset management and financial supervision of facility enterprises
  • Studies banking industry operations, formulates relevant financial and financial policies for the reform and development of the banking industry, and prevent and control risks, establishes risk protection and disposal mechanisms; responsible for state-owned asset management and financial supervision of state-owned commercial banks
  • Studies capital market operations, formulates relevant financial and financial policies for the reform and development of the securities industry and risk prevention; responsible for the management of state-owned assets and financial supervision of state-owned securities companies and related industry guarantee funds
  • Studies insurance industry operations, formulates relevant fiscal and financial policies for the reform and development of insurance industry and risk prevention; formulates relevant fiscal and financial policies to support the development of agricultural insurance and catastrophe insurance; responsible for the management of state assets within state insurance companies and insurance protection funds
  • Formulates the financial management system for financial holding companies; responsible for the state-owned asset management and financial supervision of state-owned financial holding companies; formulates asset disposal and financial management systems for financial asset management companies
  • Studies the financing guarantee industry and trust industry, formulates relevant financial and financial policies; formulates investment management policies for the National Social Security Fund and the national road traffic accident social assistance fund
  • Draws up specific government foreign debt issuance management systems and policies; manages external government debt, and analzes external government debt statistics; responsible for sovereign credit ratings and issuance of overseas domestic and foreign currency sovereign bonds
  • Studies international capital market operations; manages the work of the Financial Stability Board (FSB), studies issues such as the reform of the international financial regulatory system, financial regulatory rules, and assists international development institutions issuing bonds in China
  • Formulates government and social capital cooperation (PPP) management rules and regulations, financing support policies and operational guidelines; handles project proposals, project library construction and performance evaluations for joint cooperation
  • Formulates fiscal and financial support policies for inclusive finance (including rural finance, small and micro finance, discounted loans with small guarantees), special areas (including discounted loans for trade and products), and special areas with weak economic development links, and manages reward funds; undertakes matters related to local governments, including borrowing from the central government to resolve local financial risks
  • Other matters assigned by the leaders of the Ministry

Leadership:

  • Wang Yi 王毅, Director                    
  • Dong Degang 董德刚, Deputy Director
  • Yu Hong于红, Deputy Director
  • Zhao Zhihong 赵志红, Deputy Director
  • Hong Rinan 洪日南, Deputy Director

Contact Information: