National Development and Reform Commission
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The National Development and Reform Commission (NDRC), formerly State Planning Commission and State Development Planning Commission, is a macroeconomic management agency under the Chinese State Council, which has broad administrative and planning control over the Chinese economy. Since 2008 the Commission has been headed by Zhang Ping.
The NDRC's functions are to study and formulate policies for economic and social development, maintain the balance of economic development, and to guide restructuring of China's economic system.[1] The NDRC has twenty-six functional departments/bureaus/offices with an authorized staff size of 890 civil servants.
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[edit] History
The NDRC is a successor to the State Planning Commission (SPC), which had managed China's centrally planned economy since 1952. In 1998, the SPC was renamed as the State Development Planning Commission (SDPC), which then merged with the State Council Office for Restructuring the Economic System (SCORES) and part of the State Economic and Trade Commission (SETC) in 2003. The restructured organization was then merged into a newly created NDRC, which gained greater responsibility and power in overseeing China's economic development.
[edit] Principal functions
The principal functions of the NDRC are:
- To formulate and implement macroeconomic policies;
- To monitor and adjust the performance of the national economy;
- To examine and approve major construction projects;
- To guide and promote economic restructuring;
- To coordinate the readjustment of China's industrial structure with development of agriculture and rural economy;
- To formulate plans for the development of China's energy sector and manage national oil reserves;
- To promote the Western Region Development Program, which calls for China's economic growth to include the poorer Western provinces;
- To submit a national economic plan to the National People's Congress on behalf of the State Council.
Also, recently the NDRC has been placed in charge of China's strategic petroleum reserves.
[edit] List of Chairmen
- Gao Gang (高岗): November 1952-August 1954
- Li Fuchun (李富春): September 1954-June 1970
- Yu Qiuli (余秋里): June 1970-August 1980
- Yao Yilin (姚依林): August 1980-June 1983
- Song Ping (宋平): June 1983-June 1987
- Yao Yilin (姚依林): June 1987-December 1989
- Zou Jiahua (邹家华): December 1989-March 1993
- Chen Jinhua (陈锦华): March 1993-March 1998
- Zeng Peiyan (曾培炎): March 1998-March 2003
- Ma Kai (马凯): March 2003-March 2008
- Zhang Ping (张平): March 2008 - incumbent
