Lü Peijian (; born August 1928) is a Chinese retired politician and central banker. He served as Vice Minister of Finance from 1978 to 1982, Governor of the

People's Bank of China The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the ''PRC People's Bank Law'' and the ''PRC Commercia ...

from 1982 to 1985, and Auditor General of the National Audit Office from 1985 to 1994.

Biography

Lü Peijian was born in August 1928 in Hongze,

Jiangsu Jiangsu is a coastal Provinces of the People's Republic of China, province in East China. It is one of the leading provinces in finance, education, technology, and tourism, with its capital in Nanjing. Jiangsu is the List of Chinese administra ...

, Republic of China. During the

Second Sino-Japanese War The Second Sino-Japanese War was fought between the Republic of China (1912–1949), Republic of China and the Empire of Japan between 1937 and 1945, following a period of war localized to Manchuria that started in 1931. It is considered part ...

, he enlisted in the

New Fourth Army The New Fourth Army (N4A) () was a military unit nominally under the banner of the National Revolutionary Army (NRA) of the Republic of China, established in 1937 as part of the Second United Front against Japan. However, in practice, the New ...

in 1944 and joined the

Chinese Communist Party The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the ...

in November of that year. He studied accounting and worked in the logistics department of the New Fourth Army, and later the of the

People's Liberation Army The People's Liberation Army (PLA) is the military of the Chinese Communist Party (CCP) and the People's Republic of China (PRC). It consists of four Military branch, services—People's Liberation Army Ground Force, Ground Force, People's ...

during the

Chinese Civil War The Chinese Civil War was fought between the Kuomintang-led Nationalist government, government of the Republic of China (1912–1949), Republic of China and the forces of the Chinese Communist Party (CCP). Armed conflict continued intermitt ...

. After the founding of the People's Republic of China in 1949, Lü worked in the finance department of the

East China East China () is a geographical region in the People’s Republic of China, mainly consisting of seven province-level administrative divisions, namely the provinces (from north to south) Shandong, Jiangsu, Anhui, Zhejiang, Jiangxi, Fujian, ...

region. He was transferred to the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

in Beijing in 1953, and took

correspondence courses Distance education, also known as distance learning, is the education of students who may not always be physically present at school, or where the learner and the teacher are separated in both time and distance; today, it usually involves online ...

industrial economics In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets. Industrial organization adds real-world complications to the perfe ...

Renmin University of China The Renmin University of China (RUC) is a public university in Haidian, Beijing, China. The university is affiliated with the Ministry of Education, and co-funded by the Ministry of Education and the Beijing Municipal People's Government. The ...

from 1954 to 1956. Lü rose through the ranks in the Ministry of Finance, and was appointed Vice Minister in 1978. In 1982, he was appointed the sixth Governor of the

, China's central bank. In March 1985 he became the second Auditor General of the National Audit Office (NAO), which had just been established two years earlier to systematically audit the accounts of businesses, government units, and individuals. In August 1985, Lü told the ''

China Daily ''China Daily'' ( zh, s=中国日报, p=Zhōngguó Rìbào) is an English-language daily newspaper owned by the Central Propaganda Department of the Chinese Communist Party. Overview ''China Daily'' has the widest print circulation of any ...

'' that the NAO had audited the accounts of more than 24,000 businesses and units, and uncovered tax evasion, fraud, and waste worth more than US$1.6 billion. He served as Auditor General until 1994. From May 1994 to June 2000, he served as Chairman of the Board of Supervisors of

China Development Bank China Development Bank (CDB) is a policy bank of China under the State Council. Established in 1994, it has been described as the engine that powers the national government's economic development policies.

. Lü was a member of the

12th Twelfth can mean: *The Twelfth Amendment to the United States Constitution *The Twelfth, a Protestant celebration originating in Ireland In mathematics: * 12th, an ordinal number; as in the item in an order twelve places from the beginning, follo ...

13th In music or music theory, a thirteenth is the Musical note, note thirteen scale degrees from the root (chord), root of a chord (music), chord and also the interval (music), interval between the root and the thirteenth. The thirteenth is m ...

, and

14th Central Committee of the Chinese Communist Party The 14th Central Committee of the Chinese Communist Party was in session from 1992 to 1997. It held seven plenary sessions. It was preceded by the 13th Central Committee. It was elected by the 14th National Congress of the Chinese Communist Party ...

. He served as a Standing Committee member of the 9th

Chinese People's Political Consultative Conference The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in the People's Republic of China and a central part of the Chinese Communist Party (CCP)'s United front (China), united front system. Its members adv ...

References

{{DEFAULTSORT:Lu, Peijian 1928 births Living people Governors of the People's Bank of China Politicians from Huai'an People's Republic of China politicians from Jiangsu Members of the 12th Central Committee of the Chinese Communist Party Members of the 13th Central Committee of the Chinese Communist Party Members of the 14th Central Committee of the Chinese Communist Party Renmin University of China alumni Members of the 9th Chinese People's Political Consultative Conference