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Ministry of Finance of the People’s Republic of China

Updated: Sep 3,2014 5:10 PM     english.gov.cn

The Ministry of Finance of the People’s Republic of China is the national executive agency of the Central People’s Government which administers macroeconomic policies and the national 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, including statistics on economic growth rates, central government debt and borrowing and many other indicators regarding the Chinese economy. The Ministry of Finance’s remit is smaller than its counterparts in many other countries.