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Ministry Of Finance Of The People's Republic Of China
The Ministry of Finance of the People's Republic of China () is the cabinet-level executive department of the State Council which administers macroeconomic policies and the annual budget. It also handles fiscal policy, economic regulations and government expenditure for the state. The ministry also records and publishes annual macroeconomic data on China's economy. This includes information such as previous economic growth rates in China, central government debt and borrowing and many other indicators regarding the economy of Mainland China. The Ministry of Finance's remit is smaller than its counterparts in many other states. Macroeconomic management is primarily handled by the National Development and Reform Commission (NDRC). State-owned industries are the responsibility of the State-owned Assets Supervision and Administration Commission, and there are separate regulators for banking, insurance and securities. It also does not handle regulation of the money markets ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emblem Of The People's Republic Of China
The National Emblem of the People's Republic of China contains in a red circle a representation of Tiananmen Gate, the entrance gate to the Forbidden City, where Mao Zedong declared the foundation of the People's Republic of China (PRC) in 1949. Above this representation are the five stars found on the national flag. The largest star represents the Chinese Communist Party (CCP), while the four smaller stars represent the four social classes as defined in Maoism. The emblem is described as being "composed of patterns of the national flag": ...The red color of the flag symbolizes revolution and the yellow color of the stars the golden brilliant rays radiating from the vast red land. The design of four smaller stars surrounding a bigger one signifies the unity of the Chinese people under the leadership of the Communist Party of China (CPC). —China Yearbook 2004 The outer border of the red circle shows sheaves of wheat and the inner sheaves of rice, which together repr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Insurance Regulatory Commission
The China Insurance Regulatory Commission (CIRC) was an agency of China authorized by the State Council to regulate the Chinese insurance products and services market and maintain legal and stable operations of insurance industry. It was founded on November 18, 1998, upgraded from a semi-ministerial to a ministerial institution in 2003, and currently has 31 local offices in every province. On 17 March 2018, the 13th National People's Congress announced a plan to overhaul China's financial regulatory system. The China Insurance Regulatory Commission (CIRC), and the banking regulator, the China Banking Regulatory Commission (CBRC), were merged into the China Banking and Insurance Regulatory Commission (CBIRC) with an aim to resolve problems such as unclear responsibilities and cross-regulation. The CBIRC was officially established on 8 April 2018. Functions The main functions of the CIRC were: Structure Internal Setup of the CIRC is: *General Office *Development and Reform Dep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Li Xiannian
Li Xiannian (pronounced ; 23 June 1909 – 21 June 1992) was a Chinese Communist military and political leader, President of the People's Republic of China (''de jure'' head of state) from 1983 to 1988 under Paramount Leader Deng Xiaoping and then Chairman of the Chinese People's Political Consultative Conference from 1988 until his death. He was a full member of the Politburo from 1956 to 1987, and of its Standing Committee from 1977 to 1987.''Li Xiannian (1909–1992)'', in Christopher R. Lew, Edwin Pak-wah Leung: ''Historical Dictionary of the Chinese Civil War'', p.p. 120-121, Scarecrow Press, 2013Holley, David"Li Xiannian, Ex-President of China, Dies at 83: Old Guard: He was one of a ruling clique of ‘8 elders’ who ordered the army to repress the pro-democracy movement in 1989".''Los Angeles Times'', 23 June 1992. Li worked as an apprentice carpenter in his teenage years to support his family. He joined the Communist Party in December 1927 and became a soldier in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deng Xiaoping
Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary leader, military commander and statesman who served as the paramount leader of the China, People's Republic of China (PRC) from December 1978 to November 1989. After Chairman of the Chinese Communist Party, CCP chairman Mao Zedong's Death and state funeral of Mao Zedong, death in 1976, Deng gradually rose to supreme power and led China through a series of Chinese economic reform, far-reaching market-economy reforms earning him the reputation as the "Architect of Modern China". He contributed to China becoming the List of countries by GDP (nominal), world's second largest economy by GDP nominal in 2010. Born in the province of Sichuan in the Qing dynasty, Deng studied and worked in France in the 1920s, where he became a follower of Marxism–Leninism and joined the Chinese Communist Party (CCP) in 1924. In early 1926, Deng travelled to Moscow to study Communist doctrines and became a political commi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rong Zihe
Rong or RONG may refer to: Places China *Rong County, Guangxi, Yulin, Guangxi, China *Rong County, Sichuan, Zigong, Sichuan, China Nepal *Rong, Ilam, a rural municipality in Ilam District, Nepal Norway *Rong, Norway, a village in Øygarden municipality in Vestland county *Rongøy, an island in Øygarden municipality in Vestland county People *Consort Rong (Kangxi) (died 1727), a consort of the Kangxi Emperor *Consort Rong (Qianlong) (1734–1788), a consort of the Qianlong Emperor, China *Prince Rong (1644–1912), a peerage during the Manchu-led Qing dynasty, China *Rong (surname) *Several ancient Chinese nomadic people **Xirong (西戎), West Rong **Shanrong (山戎), Mountain Rong **Quanrong (犬戎), Dog Rong Other uses *Róng or Lepcha script *Rong (crater), on Mars * Rồng, a Vietnamese dragon See also *Rong County (other) Rong County, Rongxian, or Junghsien may refer to: *Rong County, Guangxi (容县) *Rong County, Sichuan Rong County or Rongxian is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bo Yibo
Bo Yibo (; 17 February 1908 – 15 January 2007) was a Chinese politician. He was one of the most senior political figures in China during the 1980s and 1990s. After joining the Chinese Communist Party when he was 17, he worked as a Communist Party organizer in his native city of Taiyuan, Shanxi. He was promoted to organize Communist guerrilla movements in northern China from a headquarters in Tianjin in 1928, but he was arrested and imprisoned by Kuomintang police in 1931. In 1936, with the tacit support of the Communist Party, Bo signed an anti-communist confession to secure his release. After his release Bo returned to Shanxi, rejoined the communists, and fought both the Kuomintang and the Japanese Empire in northern China until the Communists completed their unification of mainland China in 1949. During Bo's career he held successive posts as Communist China's inaugural Minister of Finance, a member of the Communist Party's Politburo, Vice-Premier, chairman of State Eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Council For Social Security Fund
The National Social Security Fund is a supplementary fund of the People's Republic of China which is used for social security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical .... The fund was managed by National Council for Social Security Fund. History On 1 August 2000, the Central Committee of CPC and the State Council decided to establish National Social Security Fund (NSSF), and set up the National Council for Social Security Fund (SSF) for managing and operating the NSSF's assets. NSSF aims to be a solution to the problem of aging and serves as a strategic reserve fund accumulated by the central government to support future social security expenditures and other social security needs. Investment policy and scope Under relevant provisions of the Interim Management Measures on t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zou Jiayi
Zou Jiayi ( zh, s=邹加怡, p=Zōu Jiāyí; born June 1963) is a Chinese politician, a current vice minister of the Ministry of Finance of the People's Republic of China. Zou is a director of China Investment Corporation. Early life Zou was born in June 1963 in Wuxi, Jiangsu province. She joined the Chinese Communist Party in 1984. She attended the University of International Relations in Beijing as an undergraduate. She holds a master's degree from the Institute of World Economy & Politics of the Chinese Academy of Social Sciences. Career Zou began working for the Ministry of Finance in 1988. From 1994 to 1996, Zou worked as a deputy chief of the department of the Ministry of Finance responsible for World Bank-related affairs, and from 1996 to 1998, as an advisor to China's World Bank Executive Board Office. In 1999, pointing to the 1997 Asian financial crisis and Kosovo War, Zou was one of a number of Chinese analysts who expressed skepticism about American financial hegemony a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Commission For Discipline Inspection
The Central Commission for Discipline Inspection (CCDI) is the highest internal control institution of the Chinese Communist Party (CCP), tasked with enforcing internal rules and regulations and combating corruption and malfeasance in the party. Since the vast majority of officials at all levels of government are also Communist Party members, the commission is in practice the top anti-corruption body in China. The modern commission was established at the 3rd Plenary Session of the 11th Central Committee in December 1978. Control systems had existed previously under the name "Central Control Commission" for a brief period in 1927 and again between 1955 and 1968, and under its present name from 1949 to 1955. It was disbanded during the Cultural Revolution in 1969. In 1993, the internal operations of the agency and the government's Ministry of Supervision (MOS) were merged. Although the commission is theoretically independent of the CCP's executive institutions such as the Ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounting Management
In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions. Definition One simple definition of management accounting is the provision of financial and non-financial decision-making information to managers. In other words, management accounting helps the directors inside an organization to make decisions. This can also be known as Cost Accounting. This is the way toward distinguishing, examining, deciphering and imparting data to supervisors to help accomplish business goals. The information gathered includes all fields of accounting that educates the administration regarding business tasks identifying with the financial expenses and decisions made by the organization. Accountants use plans to measure the overall strategy of operations within the organization. According to the Institute of Management Accountants (IMA), "Management accounting is a profession ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Bank Of China
The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by the People's Bank Law and the Commercial Bank Law. It is a cabinet-level executive department of the State Council. History The bank was established on December 1, 1948, based on the consolidation of the Huabei Bank, the Beihai Bank and the Xibei Farmer Bank. The headquarters was first located in Shijiazhuang, Hebei, and then moved to Beijing in 1949. Between 1950 and 1978 the PBC was the only bank in the People's Republic of China and was responsible for both central banking and commercial banking operations. All other banks within Mainland China such as the Bank of China were either organized as divisions of the PBC or were non-deposit taking agencies. From 1952 to 1955 government shares were added to private banks to make state-p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Policy
Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for federal funds, very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency. Monetary policy is a modification of the supply of money, i.e. Money creation, "printing" more money, or decreasing the money supply by changing interest rates or removing excess reserves. This is in contrast to fiscal policy, which relies on taxation, government spending, and government borrowing as methods for a government to manage business cycle phenomena such as recessions. Further purposes of a monetary policy are usually to contribute to the stability of gross domestic product, to achieve and maintain low unemployment, and to maintain predictable exchange rates with o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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