Liu Zhongli
Encyclopedia
Liu Zhongli is the former Minister of Finance
Ministry of Finance of the People's Republic of China
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...

 of the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

, and former director of State Administration of Taxation
State Administration of Taxation
The State Administration of Taxation is a ministerial-level department within the government of the People's Republic of China...

 of PRC. He also served as first president of National Council for Social Security Fund
National Council for Social Security Fund
The National Council for Social Security Fund is a supplementary fund of the People's Republic of China which is used for social security.-History:...

 of PRC. He is the current president of Chinese Institute of Certified Public Accountants.

Born in Ningbo
Ningbo
Ningbo is a seaport city of northeastern Zhejiang province, Eastern China. Holding sub-provincial administrative status, the municipality has a population of 7,605,700 inhabitants at the 2010 census whom 3,089,180 in the built up area made of 6 urban districts. It lies south of the Hangzhou Bay,...

, Zhejiang Province, Liu joined Communist Party of China in 1954. After serving in various posts in Heilongjiang Province for more than 30 years, Liu was transferred to Ministry of Finance in 1988, and became deputy Minister and vice director of enterprises management advisory commission of the State Council. He was appointed as vice secretary-general of the State Council in 1990. In September 1992, Liu became the Minister of Finance, and from 1994 to 1998, he also served as the head of State Administration of Taxation. In March 1998, he was appointed as director of Office of Economic Policy Reform of the State Council.

Liu retired in December 2000, and became the first president of newly formed National Council for Social Security Fund. From March 2003 to March 2008, Liu served in 10th Chinese People's Political Consultative Conference
Chinese People's Political Consultative Conference
The Chinese People's Political Consultative Conference [], shortened as 人民政协, Rénmín Zhèngxié, i.e. "People's PCC"; or just 政协, Zhèngxié, i.e. "The PCC"), abbreviated CPPCC, is a political advisory body in the People's Republic of China...

(CPPCC) as the director of its economic committee.

Liu was a member of 14th and 15th Central Committees of Communist Party of China.
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