After the
20th Party National Congress, he was elected as a member of the
20th CCP Politburo. In February 2023, he visited the
People's Bank of China. On 12 March 2023, he was appointed a vice premier of the State Council, and became responsible for economic and financial affairs. with Russian President
Vladimir Putin in Beijing during Putin's
visit to China in May 2024 In April 2023, he attended the China International Consumer Product Expo in
Haikou, Hainan, where he said the expansion of consumption was a top priority. In May 2023, he attended the opening of the
National Financial Regulatory Administration. In October 2023, he formally succeeded
Liu He as the director of the Office of the CCP
Central Financial and Economic Affairs Commission. He was also named as the director of the
Office of the Central Financial Commission and the secretary of the
Central Financial Work Commission in November. In October 2023, at the
third 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". In November 2023, He gave a pre-recorded remark to the
Global Financial Leaders’ Investment Summit in Hong Kong, praising the city's "unique advantage as an international financial center". In January 2024, He called for officials to support performance and profitability of listed in during a nationwide teleconference. In July 2024, he met with a delegation of the
US-China Business Council, calling on US companies to "play a strong role" in China's economy. In an article in ''People's Daily'' in the same month, he called for promoting
new productive forces through a well-coordinated government and efficient market. In October 2024, during a visit to
Taiyuan, Shanxi, He called for a targeted "white list" of real estate projects to stabilize the real estate market. In April 2025, He attended a symposium in
Shanghai, 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. In October 2025, during a meeting of the International Advisory Council of the
National 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". 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.
Foreign relations 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. He met with U.S. Treasury Secretary
Janet Yellen when she visited China in July 2023 and April 2024. In July 2023, he visited Pakistan for talks about the
China–Pakistan Economic Corridor. He visited the United States in November 2023 and met with Janet Yellen in
San Francisco before the
APEC summit. He also visited Russia in December 2023, where he met Deputy Prime Minister
Dmitry Chernyshenko. In January 2025, he met with UK Chancellor of the Exchequer
Rachel Reeves, where they both called for closer economic cooperation and the renewal of the UK-China Economic and Financial Dialogue. In May 2025, He met with
United States Treasury Secretary Scott Bessent and
U.S. Trade Representative Jamieson Greer in
Geneva to de-escalate
China-United States trade war. In June 2025, he led the Chinese delegates to
London with commerce ministers
Li Chenggang and
Wang Wentao and met with US Commerce Secretary
Howard Lutnick. The meeting resulted on a framework for trade negotiations to resolve disputes on technology and mineral exports. In November 2025, He met with German Vice Chancellor
Lars Klingbeil as part of the biannual financial dialogue talks between the two countries. == References ==