The Full Form of NDRC is National Development and Reform Commission.
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 State Council, which has broad administrative and planning control over the economy of Mainland China. It has reputation of being the “mini-state council”.
The candidate for the chairperson of the NDRC is nominated by the Premier of the People’s Republic of China and approved by the National People’s Congress. Since February 2017 the commission has been headed by He Lifeng.
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 the economic system of Mainland China. The NDRC has twenty-six functional departments/bureaus/offices with an authorized staff size of 890 civil servants. Prior to 2018, it was also responsible for enforcing China’s antitrust law, but this function has been transferred to the State Administration for Market Regulation.
NDRC
means
National Development and Reform Commission
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