He Lifeng | |
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| 何立峰 | |
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| Vice Premier of China | |
| Assumed office 12 March 2023 | |
| Premier | Li Qiang |
| Director of theOffice of the Central Financial and Economic Affairs Commission | |
| Assumed office October 2023 | |
| General Secretary | Xi Jinping |
| Preceded by | Liu He |
| Chairman of the National Development and Reform Commission | |
| In office 24 February 2017 – 11 March 2023 | |
| Premier | Li Keqiang |
| Preceded by | Xu Shaoshi |
| Succeeded by | Zheng Shanjie |
| Vice Chairman of the Chinese People's Political Consultative Conference | |
| In office 14 March 2018 – 10 March 2023 | |
| Chairman | Wang Yang |
| Personal details | |
| Born | (1955-02-04)4 February 1955 (age 70) |
| Political party | Chinese Communist Party (since 1981) |
| Alma mater | |
| Cabinet | Li Qiang Government |
| Signature |  |
| He Lifeng | |||||||||||||
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| Chinese | 何立峰 | ||||||||||||
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He Lifeng (Chinese:何立峰;pinyin:Hé Lìfēng; born February 1955) is a Chinese economist and politician who has served asvice premier of China since March 2023. He has additionally been a member of thePolitburo of the Chinese Communist Party (CCP) since October 2022, and served as the director of theOffice of the Central Financial and Economic Affairs Commission underCCP General SecretaryXi Jinping since October 2023.
Earlier in his career, he worked in Fujian province and Tianjin. He has held a number of significant posts, includingParty secretary of Fuzhou, party secretary of Xiamen, party secretary ofBinhai New Area,deputy party secretary of Tianjin, Chairman of the Tianjin People's Political Consultative Conference, and, since 2014, a deputy director of the NDRC. He served as thechairman of the National Development and Reform Commission (NDRC) from February 2017 to March 2023.
He was born inYongding County, Fujian into aHakka family whose ancestral roots are usually traced toXingning, Guangdong.[1] In August 1973 he went to Yongding County as asent-down youth. In November 1976, he participated in the construction of the Shixiangtan Hydroelectric Dam. After the resumption of theNational College Entrance Examination, he gained admission to theXiamen University school of economics; he studied finance. He obtained a bachelor and a master's degree in 1982 and 1984 respectively, and a Ph.D. degree through part-time studies in 1998.[1] After graduating he began work inXiamen as a researcher for the special economic zone.[2]
In July 1984, Wang Yishi, the vice governor of Fujian, came to the home of He Lifeng's mentor Deng Ziji and asked Deng to recommend a student to support the construction of the Xiamen Special Economic Zone. He Lifeng was recommended to become acadre of the Xiamen Special Economic Zone Economic Research Institute and thus began his career in the government. In October, he began working for the Xiamen municipal government, beginning his career in politics.[3]
He worked in Fujian province for some 25 years. He worked successively inXiamen,Quanzhou,Fuzhou During this time, he cultivated close ties toCCP General SecretaryXi Jinping, who also worked in Fujian at the time; he reportedly attended Xi's wedding ceremony withPeng Liyuan.[4] In Xiamen he headed the city's finance department (at the time, Xi Jinping was vice mayor of Xiamen). In 1990 he was promoted to party head of a city district. By February 1995 he was made mayor of Quanzhou, then party secretary. He earned a doctorate in economics at around this time. In April 2000, he became Fuzhou party secretary, by December 2001, he joined the Fujianprovincial Party Standing Committee.[5] At the beginning of 2003, he attended report meeting on the construction of the Party style and clean government in Fuzhou.[3]
In May 2005 he was named party secretary ofXiamen. He joined theCCP Central Committee in 2007. In May 2009, he was transferred toTianjin to becomedeputy party secretary of the municipality, the head of the working committee ofBinhai New Area, and the party secretary ofTanggu District. Shortly after taking office, he proposed the "Ten Major Battles", promoting the construction of the Binhai New Area core area, Xiangluowan and Yujiabao central business districts.[3] In January 2013, he was named chairman of the Tianjin People's Political Consultative Conference.[6] During his tenure in Tianjin, he oversaw infrastructure projects to boost Tianjin's economy.[2]
In June 2014 he was nameddeputy Party secretary of theNational Development and Reform Commission and also deputy director (minister-level). Since then he has emerged as one of the chief figures in charge of advancing economic reform policies.[7]
In February 2017 he was appointed thechairman of the National Development and Reform Commission by theStanding Committee of the National People's Congress.[8][4] In September 2019, he published an article at thePeople's Daily, sayingShenzhen faced "unprecedented new tasks", and that the "problems encountered in the modernization of our country are likely to appear in Shenzhen first".[9] In another article in thePeople's Daily in October 2021, he called for reducing emissions in a safe and secure way.[10] In October 2022, he pledged to support the digital economy during a report to the National People's Congress Standing Committee.[11]
After the20th Party National Congress, he was elected as a member of the20th CCP Politburo. In February 2023, he visited thePeople's Bank of China.[12] On 12 March 2023, he was appointed a vice premier of the State Council, and became responsible for economic and financial affairs.[2] According toBloomberg News, he will have all the financial regulators, including thePeople's Bank of China and the newly created super financial watchdog, under his purview. He will also oversee the property industry as well as the $60 trillion financial sector.[13]
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In April 2023, he attended the China International Consumer Product Expo inHaikou, Hainan, where he said the expansion of consumption was a top priority.[14] In May 2023, he attended the opening of theNational Financial Regulatory Administration.[15] In October 2023, he formally succeededLiu He as the director of the Office of the CCPCentral Financial and Economic Affairs Commission.[16] He was also named as the director of theOffice of the Central Financial Commission and the secretary of theCentral Financial Work Commission in November.[17][18] In October 2023, at thethird Belt and Road Forum for International Cooperation, He said China encouraged "companies from all countries to focus on big data, artificial intelligence, e-commerce and new energy".[19] In November 2023, He gave a pre-recorded remark to theGlobal Financial Leaders’ Investment Summit in Hong Kong, praising the city's "unique advantage as an international financial center".[20]
In January 2024, He called for officials to support performance and profitability of listed in during a nationwide teleconference.[21] In July 2024, he met with a delegation of theUS-China Business Council, calling on US companies to "play a strong role" in China's economy.[22] In an article inPeople's Daily in the same month, he called for promotingnew productive forces through a well-coordinated government and efficient market.[23] In October 2024, during a visit toTaiyuan, Shanxi, He called for a targeted "white list" of real estate projects to stabilize the real estate market.[24] In April 2025, He attended a symposium inShanghai, where he called on to "strengthen Shanghai’s role as a gateway for financial opening up, on the premise of safeguarding financial security" and increase the city's status as a global hub.[25] In October 2025, during a meeting of the International Advisory Council of theNational Financial Regulatory Administration, He said that "China will unswervingly expand high-level opening up in the financial sector and accelerate the building of a modern financial powerhouse".[26] In November 2025, He undertook a three-day inspection tour to Hubei and Hunan, where he visited trade logistics companies, export-oriented manufacturers and consumer-sector companies.[27]
He has been China's top representative in China's economic relations with several developed economies, having been named the "lead person" in dialogues with the European Union, France, Germany, the United States, and the United Kingdom.[28] He met with U.S. Treasury SecretaryJanet Yellen when she visited China in July 2023 and April 2024.[29] In July 2023, he visited Pakistan for talks about theChina–Pakistan Economic Corridor.[30] He visited the United States in November 2023 and met with Janet Yellen inSan Francisco before theAPEC summit.[31] He also visited Russia in December 2023, where he met Deputy Prime MinisterDmitry Chernyshenko.[32]
In January 2025, he met with UK Chancellor of the ExchequerRachel Reeves, where they both called for closer economic cooperation and the renewal of the UK-China Economic and Financial Dialogue.[33] In May 2025, He met withUnited States Treasury SecretaryScott Bessent andU.S. Trade RepresentativeJamieson Greer inGeneva to de-escalateChina-United States trade war.[34] In June 2025, he led the Chinese delegates toLondon with commerce ministersLi Chenggang andWang Wentao and met with US Commerce SecretaryHoward Lutnick. The meeting resulted on a framework for trade negotiations to resolve disputes on technology and mineral exports.[35][36][37] In November 2025, He met with German Vice ChancellorLars Klingbeil as part of the biannual financial dialogue talks between the two countries.[38]
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| Preceded by | Chairman of the National Development and Reform Commission 2017–2023 | Succeeded by |
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| Preceded by | Deputy Party Secretary ofTianjin 2009–2013 | Succeeded by |
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