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Lan Foan
(蓝佛安)
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Lan Foan
蓝佛安
Lan Foan is the current Minister of Finance of China, appointed in October 2023. He previously served as Party Secretary and Governor of Shanxi province, and held financial and auditing roles in Guangdong, including Vice Governor.
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China GDP
China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts
After central economic work conference, observers said ratio is likely to stay at this year’s record 4 per cent in line with ‘targeted’ spending.
12 Dec 2025 - 8:00PM
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China-Japan relations
Beijing rebuffs Takaichi, Macron-Xi talks, key economic meeting
5 Dec 2025 - 5:12PM
Banking & finance
China’s risky shadow banks back in spotlight after debt crackdown
5 Dec 2025 - 3:03PM
Banking & finance
China’s finance chief calls for fiscal firepower as Beijing weighs 2026 goals
This month’s central economic work conference will set the tone, while top finance official signals more assertive fiscal support.
2 Dec 2025 - 8:30PM
Banking & finance
China sets up new department to spearhead government debt clean-up drive
The move comes as Beijing steps up efforts to clear up masses of ‘hidden debt’ accumulated by local governments.
4 Nov 2025 - 7:00PM
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US-ally trade wars
US tariffs order | Politburo call on economy | June exports
This week: Trump’s tariffs to go live on August 7, Politburo’s rallying call on Chinese economy, PLA celebrates anniversary. Next week: June trade data, China’s EV evolution, SCMP webinar on open-source AI and more.
1 Aug 2025 - 5:04PM
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China consumption
China vows more fiscal support to spur demand and curb local government debt
Beijing will also boost stimulus to support families and further back emerging industries, finance minister says.
30 Jul 2025 - 8:30PM
Banking & finance
Exclusive
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AIIB to expand global footprint with 20-member office in Hong Kong
The Beijing-based multilateral development bank’s satellite in Hong Kong will handle ‘operational investments’ with city institutions.
27 Jun 2025 - 11:16AM
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China manufacturing
China urging private firms to invest more in cross-border infrastructure
Finance minister, speaking at Asia Infrastructure Investment Bank meeting, says more mobilisation of private capital could help overcome bottleneck of insufficient public investment for infrastructure.
25 Jun 2025 - 8:00PM
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