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Ministry of Finance (China)

Ministry of Finance (China)
The Ministry of Finance (MOF) is a governmental body in China, headquartered in Beijing. As a constituent department of the State Council, its primary mission is to administer macroeconomic policies, manage the national annual budget, and oversee fiscal policy, economic regulations, and government expenditure. Its main areas of activity include formulating and implementing public finance and taxation strategies, drafting relevant laws, managing central government revenue and expenditure, and overseeing government debt.
China's economic recovery

Consumer demand and public services top China’s financial priorities for 2026

National fiscal work conference ends in Beijing with pledge to spur domestic market.

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China’s cabinet clears path for VAT law to take effect next month

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Opinion | An obscure new department heralds a shift in China’s debt cycle

In addition to regulating local government debt, the department will guide the nation away from a cycle driven by land as collateral.

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