Liu He (politician)

Liu He (simplified Chinese: 刘鹤; traditional Chinese: 劉鶴; pinyin: Liú Hè; lit. 'Liu Crane'; born 25 January 1952) is a Chinese economist and retired politician who served as a vice premier of the People's Republic of China from 2018 to 2023, as the director of the Office serving the Central Financial and Economic Affairs Commission of the Chinese Communist Party (CCP) from 2013 to 2023, as well as a member of the Politburo of the Chinese Communist Party from 2017 to 2022.[2] He was named vice-premier on 19 March 2018 and headed the Financial Stability and Development Committee from 2017 to 2023.[3][4]

Liu He
刘鹤
Liu He in 2018
Vice Premier of the People's Republic of China
In office
19 March 2018  12 March 2023
PremierLi Keqiang
Director of the Office of the Central Financial and Economic Affairs Commission
In office
20 March 2013  March 2023
DeputyChen Xiwen
General secretaryXi Jinping
Preceded byZhu Zhixin
Succeeded byHe Lifeng
Personal details
Born (1952-01-25) 25 January 1952
Beijing, China
Political partyChinese Communist Party (1976–present)[1]
Alma materRenmin University (BS, MS)
Harvard University (MPA)
Websitewww.gov.cn/liuhe
english.www.gov.cn/liuhe

Early life and education

Liu attended Beijing 101 Middle School for middle and high school, which a lot of elite Princelings studied here, such as Xi Jinping. He was sent down to Taonan, Jilin during the Cultural Revolution. In 1970, he joined 82nd Group Army, and once became a deputy squad leader. He retired from army after three years, and was assigned to Beijing Radio Factory as a worker for another three years. He joined the CCP in December 1976. He received a Bachelor of Science in Industrial Economics and Management from Renmin University of China in 1983 and a Master of Science in Industrial Economics in 1986. He was a visiting scholar at Seton Hall University School of Business from 1992 to 1993. He received a Master of Public Administration from Harvard Kennedy School in 1995.[5]

Career

He has published widely on macroeconomics, Chinese industrial and economic development policy, new economic theory and the information industry.[6] He worked successively for the National Planning Commission, the State Information Center, and the Development Research Center of the State Council.[2]

Beginning in 2013, Liu began advising General Secretary Xi Jinping on a series of economic initiatives and was believed to be one of the primary architects of Chinese economic policy at the time. He was also a member of the CCP 18th Central Committee.[2] Liu gave a keynote address to the 2018 World Economic Forum in Davos.[7]

At the CCP 19th National Congress in October 2017, Liu was promoted to the CCP Politburo. In March 2018, Liu He was appointed as a Vice Premier of the People's Republic of China.[8] In May 2018, Liu He was also appointed top trade negotiator for the China–United States trade war. In early October 2019, Liu He negotiated with his US counterparts on a preliminary trade deal.[9]

He is the head of the Financial Stability and Development Committee, and has been one of the key officials in the crackdown on Ant Group.[10]

Politics

He has been described as "one of the technocrats that Xi Jinping trusts a great deal".[11]

Family

Liu is married. His son Liu Tianran, is the chairman of Tianyi Ziteng Asset Management (alternatively known as Skycus Capital).[10]

References

  1. https://www.brookings.edu/wp-content/uploads/2018/03/china_20180318_liu_he_profile.pdf
  2. "Liu He". China Vitae. Retrieved 2015-04-08.
  3. "China's Liu He to take broad economic role as vice-premier". Financial Times. 19 March 2018.
  4. "Liu He: China's new one-man debt bomb disposal unit". South China Morning Post. Retrieved 2018-03-19.
  5. "刘鹤简历-新华网". www.xinhuanet.com. Retrieved 2022-04-21.
  6. Vitae, China. "China Vitae : Biography of Liu He". chinavitae.com. Retrieved 2018-03-19.
  7. Bradsher, Keith (January 28, 2018). "At Davos, the Real Star May Have Been China, Not Trump". The New York Times.
  8. "国务院副总理、国务委员、各部部长完整名单" (in Chinese). Xinhua. March 19, 2018. Retrieved 2018-03-19.
  9. "'You're very tough negotiators': Trump's truce in China-US trade war". ABC News. October 11, 2019. Retrieved 2019-10-27.
  10. Mitchell, Tom; Kinder, Tabby; Sevastopulo, Demetri (19 May 2021). "Firm founded by son of China finance tsar invests heavily in tech". The Financial Times. Archived from the original on 19 May 2021. Retrieved 26 May 2021.
  11. Chotiner, Isaac (22 May 2019). "A Political Economist on How China Sees Trump's Trade War". The New Yorker. Archived from the original on May 23, 2019. Retrieved May 23, 2019.
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