Jin Renqing

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This is a Chinese name; the family name is Jin.

Jin Renqing (simplified Chinese: 金人庆; traditional Chinese: 金人慶; pinyin: Jīn Rénqìng; Wade–Giles: Chin Jen-ch'ing; born July 1944 in Suzhou, Jiangsu)[1] was a member of the 16th Central Committee of the Communist Party of China, serving as deputy chief of the Development Research Center of the State Council[2] and most recently Finance Minister.

Biography[edit]

Jin served in such positions as commissioner of the State Administration of Taxation, vice governor of Yunnan, deputy secretary general of the State Council, and executive vice mayor of Beijing.[1] He served as Finance Minister, from 2003 until his resignation at age 63 in August 2007. During his tenure, China enjoyed economic growth and an increase in foreign currency reserves, while also experiencing an increase in its trade deficit to the US.[2] Jin was succeeded by tax administrator Xie Xuren.

Sex scandal[edit]

At the time of Jin's resignation the Hong Kong media have speculated a sex scandal.[3] On 8 September 2007, Ming Pao reported that, Jin was in detention assisting security officials with their enquiries.[4] In June 2011, WikiLeaks released a leaked US State Department cable dated 20 September 2007 which claims that Jin was sacked for his role in a sex scandal with a female intelligence operative from Taiwan. The cable claims that the alleged spy had affairs with several Chinese officials including former agricultural minister Du Qinglin, former party secretary of Qingdao Du Shicheng and the China Petroleum and Chemical Corporation (Sinopec) chairman Chen Tonghai.[5][6]

References[edit]

  1. ^ a b "Jin Renqing". Chinese Government's Official Web Portal. Retrieved 30 August 2007. 
  2. ^ a b CNN.com, China's finance minister resigns
  3. ^ "China finance minister steps down". BBC News. 30 August 2007. Retrieved 27 June 2011. 
  4. ^ "Sacked Chinese finance minister Jin detained - paper". Reuters. 8 September 2007. Retrieved 27 June 2011. 
  5. ^ Eimer, David (26 June 2011). "Chinese minister was caught in a 'Honeytrap'". The Daily Telegraph. Retrieved 27 June 2011. 
  6. ^ "Former Chinese Finance Minister Jin Renqing caught in "honeytrap" - Wikileaks". The Courier-Mail. 27 June 2011. Retrieved 27 June 2011. 
Government offices
Preceded by
Liu Zhongli
Director of State Administration of Taxation
1998 – 2003
Succeeded by
Xie Xuren
Preceded by
Xiang Huaicheng
Minister of Finance of the People's Republic of China
2003 – 2007