Liu Kun
Office 114th Minister of Finance
Term start 119 March 2018
Term end 124 October 2023
Predecessor 1Xiao Jie
Successor 1Lan Fo'an
Premier 1Li Keqiang
(2018–2023)
Li Qiang
(2023)
Office 2Director of Budgetary Affairs Commission of the National People's Congress
Term start 2December 2016
Term end 2March 2018
1blankname 2Chairman
1namedata 2
Predecessor 2Liao Xiaojun
Successor 2Shi Yaobin
Native name刘昆
Birth dateDecember 1956 (age 69–70)
Birth placeRaoping County, Guangdong, China
PartyChinese Communist Party
Alma materXiamen University
Central Party School
Liu Kun
S刘昆
T劉昆
PLiú Kūn
WLiu2K'un1
JLau4 Gwan1
Orderst

Liu Kun (; born December 1956) is a Chinese politician who served as the Minister of Finance from 2018 to 2023. Previously he served as director of Budgetary Affairs Commission of the National People's Congress, vice minister of Finance, and vice governor of Guangdong.

Early life and education

Liu was born in Raoping County, Guangdong in December 1956. In June 1973, during the Cultural Revolution, he was forced to work in a factory in Yunxiao County, Fujian instead of going to university. He entered Xiamen University in February 1978, majoring in finance and monetary economics at the School of Economics, where he graduated in February 1982.

Career

Beginning in 1982, he served in various posts in the Office of the Guangdong Provincial Government, where he served as deputy director until December 2001. He joined the Chinese Communist Party in July 1984. In December 2001 he was promoted to become deputy secretary-general of Guangdong Provincial Government, a department-level position he held until October 2002. He was director of Guangdong Provincial Department of Finance in October 2002, and held that office until July 2010. In July 2010 he was promoted again to become vice-governor of Guangdong, he remained in that position until May 2013, when he was transferred to Beijing and appointed vice minister of Finance.[1][2] He became director of Budgetary Affairs Commission of the National People's Congress in December 2016, and served until March 2018.[3] On March 19, 2018, he was elected minister of Finance at the first session of the 13th National People's Congress.[4][5]

Liu was a member of the 19th Central Commission for Discipline Inspection.[6] He was a delegate to the 10th and 11th, 12th and 13th National People's Congresses.

In August 2018, Liu told Reuters of potential job losses from the US–China trade war.[7] In October 2018, Liu, as finance minister, stated that China prepared various support measures like export assistance and skills training to help businesses impacted by the trade war with the US.[8]

On 28 September 2023, he was succeeded by Lan Fo'an as the Communist Party secretary of the Ministry of Finance.[9] On 24 October, he was succeeded by Lan as the minister of Finance.[10]

References

  1. ^ "zh:广东副省长刘昆调任财政部党组成员 分管国库司等" (in Chinese). people.com. 2013-05-22.
  2. ^ "zh:广东副省长刘昆调任财政部党组成员、副部长(图)" (in Chinese). Chinanews. 2013-05-22.
  3. ^ "zh:全国人大常委会预算工委主任刘昆出任财政部部长" (in Chinese). ce.cn. 2018-03-19.
  4. ^ "zh:新任“大管家” 刘昆将如何管好国家的“钱袋子”?" (in Chinese). ce.cn. 2018-03-22.
  5. ^ "China's new cabinet members endorsed". Chinadaily. 2018-03-19.
  6. ^ "zh:十九大受权发布:中国共产党第十九届中央纪律检查委员会委员名单" (in Chinese). xinhuanet. 2017-10-24.
  7. ^ "China to keep hitting back at US over trade, and plans to boost government spending: Finance minister". CNBC. 2018-08-24. Retrieved 2025-07-07.
  8. ^ "China ready to help firms hurt by trade war, says minister". South China Morning Post. 2018-10-08. Retrieved 2025-07-07.
  9. ^ "China Names Lan Fo'an as Party Chief of Finance Ministry". Bloomberg News. 2023-09-28. Retrieved 2023-09-28.
  10. ^ "China names Lan Foan as new finance minister amid stimulus push". Reuters. 2023-10-24. Retrieved 2023-10-24.