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He has been described as "one of the [[Technocracy|technocrats]] that Xi Jinping trusts a great deal".<ref>{{Cite web |last=Chotiner |first=Isaac |date=22 May 2019 |title=A Political Economist on How China Sees Trump's Trade War |url=https://www.newyorker.com/news/q-and-a/a-political-economist-on-how-china-sees-trumps-trade-war |url-status=live |archive-url=https://archive.today/20190523034716/https://www.newyorker.com/news/q-and-a/a-political-economist-on-how-china-sees-trumps-trade-war |archive-date=May 23, 2019 |access-date=May 23, 2019 |newspaper=[[The New Yorker]]}}</ref> He was the chief drafter of the communiqué at the Third Plenum of the 18th National CCP Congress, which promised to give "market forces" a "decisive" role in allocating resources.<ref name="Brookings Institution" /> === Vice Premier === [[File:President Trump Talks Trade with the Vice Premier of the People’s Republic of China, Liu He, 2018 (27309127577).jpg|thumb|Liu with [[President of the United States|U.S. President]] [[Donald Trump]] in the [[Oval Office]], 2018]] At the [[19th National Congress of the Chinese Communist Party|CCP 19th National Congress]] in October 2017, Liu was promoted to the [[Politburo of the Chinese Communist Party|CCP Politburo]].<ref name=":1" /> He also was put in charge of the newly established [[Financial Stability and Development Committee]] in November.<ref>{{cite news |last=Hornby |first=Lucy |last2=Mitchell |first2=Tom |date=19 March 2018 |title=China's Liu He to take broad economic role as vice-premier |newspaper=[[Financial Times]] |url=https://www.ft.com/content/ceea03f4-2a85-11e8-9b4b-bc4b9f08f381 |access-date=20 June 2023}}</ref><ref>{{cite news |last=Zhou |first=Xin |date=19 March 2018 |title=Liu He: China's new one-man debt bomb disposal unit |language=en |newspaper=[[South China Morning Post]] |url=http://www.scmp.com/news/china/economy/article/2137860/liu-he-chinas-new-one-man-debt-bomb-disposal-unit |access-date=19 March 2018}}</ref> In March 2018, Liu He was appointed as a [[Vice Premier of China|vice premier]] in charge of finance and economic structural reforms in [[Li Keqiang Government]].<ref>{{cite web |url = http://news.ifeng.com/a/20180319/56857742_0.shtml |title=国务院副总理、国务委员、各部部长完整名单 |access-date=2018-03-19 |date=March 19, 2018 |agency=Xinhua |language=Chinese}}</ref> As vice premier, Liu has significantly contributed to Xi's key economic concepts such as "economic new normal" and "supply-side reform".<ref name="Brookings Institution" /> 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.<ref>{{Cite web|url=https://www.abc.net.au/news/2019-10-12/donald-trump-calls-truce-china-us-trade-war/11596668|title='You're very tough negotiators': Trump's truce in China-US trade war|date=October 11, 2019|publisher=[[ABC News (Australia)|ABC News]]|language=en-AU|access-date=2019-10-27}}</ref> Liu is generally considered to hold economically liberal views.<ref name="Brookings Institution" /> He gave a keynote address to the 2018 [[World Economic Forum]] in Davos.<ref name="realstar">{{cite news |last1=Bradsher |first1=Keith |date=January 28, 2018 |title=At Davos, the Real Star May Have Been China, Not Trump |work=The New York Times |url=https://www.nytimes.com/2018/01/28/business/davos-trump-china.html}}</ref> He has been one of the key officials in the crackdown on [[Ant Group]].<ref name="FT" /> === Retirement === Liu retired from the Politburo in October 2022, after the [[20th National Congress of the Chinese Communist Party|20th CCP National Congress]], as well as from vice premiership in March 2023, after the [[2023 National People's Congress|first session]] of the [[14th National People's Congress]].<ref name=":2">{{Cite news |date=23 June 2023 |title=Elder Liu He remains China’s economic guide, including on US strategy |work=[[South China Morning Post]] |url=https://www.scmp.com/news/china/diplomacy/article/3225060/elder-liu-he-remains-chinas-economic-guide-including-us-strategy |access-date=23 June 2023}}</ref> He also retired as the director of the [[Central Financial and Economic Affairs Commission]] Office by October 2023, where Vice Premier [[He Lifeng]] took over the position.<ref>{{Cite news |last=Tang |first=Frank |last2=Chen |first2=Frank |date=30 October 2023 |title=China’s Vice-Premier He Lifeng handed increased economic authority, takes over key policymaking role |work=[[South China Morning Post]] |url=https://www.scmp.com/economy/china-economy/article/3239659/chinas-vice-premier-he-lifeng-handed-increased-economic-authority-takes-over-key-policymaking-role |access-date=30 October 2023}}</ref> Nevertheless, he was reported to still be influential after his retirement, still attending meetings on economic affairs, and being asked to give input on dealing with the US on trade and economic issues, as well as on domestic economic policies.<ref name=":2" /> Liu also met with US Treasury Secretary [[Janet Yellen]] in July 2023 and April 2024.<ref>{{cite web|url=https://www.cnbc.com/2023/07/07/us-treasury-secretary-janet-yellen-meets-chinese-premier-li-qiang.html|title=U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang}}</ref><ref>{{cite web|url=https://home.treasury.gov/news/press-releases/jy2218|title=Secretary of the Treasury Janet L. Yellen to Travel to the People’s Republic of China}}</ref> </textarea><div class="templatesUsed"></div><p id="mw-returnto">Return to <a href="/wiki/Liu_He_(politician)" title="Liu He (politician)">Liu He (politician)</a>.</p> <noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/wiki/Liu_He_(politician)">https://en.wikipedia.org/wiki/Liu_He_(politician)</a>"</div></div> <div id="catlinks" class="catlinks catlinks-allhidden" data-mw="interface"></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> </ul> <ul id="footer-places"> <li id="footer-places-privacy"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy">Privacy policy</a></li> <li id="footer-places-about"><a href="/wiki/Wikipedia:About">About Wikipedia</a></li> <li id="footer-places-disclaimers"><a href="/wiki/Wikipedia:General_disclaimer">Disclaimers</a></li> <li id="footer-places-contact"><a href="//en.wikipedia.org/wiki/Wikipedia:Contact_us">Contact Wikipedia</a></li> <li id="footer-places-wm-codeofconduct"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Universal_Code_of_Conduct">Code of Conduct</a></li> <li id="footer-places-developers"><a href="https://developer.wikimedia.org">Developers</a></li> <li id="footer-places-statslink"><a href="https://stats.wikimedia.org/#/en.wikipedia.org">Statistics</a></li> <li id="footer-places-cookiestatement"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Cookie_statement">Cookie statement</a></li> <li id="footer-places-mobileview"><a href="//en.m.wikipedia.org/w/index.php?title=Liu_He_(politician)&action=edit&section=2&mobileaction=toggle_view_mobile" class="noprint stopMobileRedirectToggle">Mobile view</a></li> </ul> <ul id="footer-icons" class="noprint"> <li id="footer-copyrightico"><a href="https://wikimediafoundation.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/static/images/footer/wikimedia-button.svg" width="84" height="29" alt="Wikimedia Foundation" loading="lazy"></a></li> <li id="footer-poweredbyico"><a href="https://www.mediawiki.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/w/resources/assets/poweredby_mediawiki.svg" alt="Powered by MediaWiki" width="88" height="31" loading="lazy"></a></li> </ul> </footer> </div> </div> </div> <div class="vector-settings" id="p-dock-bottom"> <ul></ul> </div><script>(RLQ=window.RLQ||[]).push(function(){mw.config.set({"wgHostname":"mw-web.codfw.main-694cf4987f-vrtfj","wgBackendResponseTime":214,"wgPageParseReport":{"limitreport":{"cputime":"0.059","walltime":"0.080","ppvisitednodes":{"value":418,"limit":1000000},"postexpandincludesize":{"value":17740,"limit":2097152},"templateargumentsize":{"value":6556,"limit":2097152},"expansiondepth":{"value":9,"limit":100},"expensivefunctioncount":{"value":0,"limit":500},"unstrip-depth":{"value":0,"limit":20},"unstrip-size":{"value":469,"limit":5000000},"entityaccesscount":{"value":0,"limit":400},"timingprofile":["100.00% 55.981 1 -total"," 99.87% 55.909 2 Template:Blocked_text"," 41.93% 23.474 2 Template:Replace"," 40.29% 22.556 1 Template:Colocationwebhost"," 36.29% 20.315 1 Template:Hidden"," 15.81% 8.852 1 Template:Hidden_begin"," 14.59% 8.167 1 Template:Tlx"," 2.23% 1.250 1 MediaWiki:Wikimedia-globalblocking-blockedtext-mistake"," 1.88% 1.050 1 Template:Hidden_end"," 1.87% 1.047 1 MediaWiki:Wikimedia-globalblocking-blockedtext-mistake-email-steward"]},"scribunto":{"limitreport-timeusage":{"value":"0.012","limit":"10.000"},"limitreport-memusage":{"value":1043313,"limit":52428800}},"cachereport":{"origin":"mw-web.codfw.main-694cf4987f-vrtfj","timestamp":"20241125233545","ttl":2592000,"transientcontent":false}}});});</script> </body> </html>