NDRC

The National Development and Reform Commission of the People’s Republic of China (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.

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. The NDRC has twenty-six functional departments/bureaus/offices with an authorized staff size of 890 civil servants.

The main functions of the NDRC are:

• To formulate and implement strategies of national economic and social development, annual plans, medium and long-term development plans
• To monitor macroeconomic and social development trend and provide forecast， warning and information guidance
• To summarize and analyze fiscal and financial situation, participate in the formulation of fiscal, monetary and land policies, and formulate and implement price policies
• To direct, promote and coordinate the restructuring of economic system
• To plan the layout of key construction projects and productivity
• To push forward strategic economic restructuring
• To organize the compilation of plans for major functioning zones, coordinate the implementation of these plans and carry out monitoring and assessment
• To maintain the aggregate balance and overall control of important commodities
• To coordinate social development policies with national economic development policies
• To promote the strategy of sustainable development
• To organize the formulation of key strategies, plans and policies in addressing climate change
• To draft relevant laws and regulations concerning national economic and social development
• To organize and formulate plans for national economic mobilization