Liu was born in Raoping County, Guangdong in December 1956. In June 1973, during the Cultural Revolution, he was forced to work in a factory in Yunxiao County, Fujian instead of going to university. He entered Xiamen University in February 1978, majoring in finance and monetary economics at the School of Economics, where he graduated in February 1982.
Career
Beginning in 1982, he served in various posts in the Office of the Guangdong Provincial Government, where he served as deputy director until December 2001. He joined the Chinese Communist Party in July 1984. In December 2001 he was promoted to become deputy secretary-general of Guangdong Provincial Government, a department-level position he held until October 2002. He was director of Guangdong Provincial Department of Finance in October 2002, and held that office until July 2010. In July 2010 he was promoted again to become vice-governor of Guangdong, he remained in that position until May 2013, when he was transferred to Beijing and appointed vice minister of Finance.[1][2] He became director of Budgetary Affairs Commission of the National People's Congress in December 2016, and served until March 2018.[3] On March 19, 2018, he was elected minister of Finance at the first session of the 13th National People's Congress.[4][5]
On 28 September 2023, he was succeeded by Lan Fo'an as the Communist Party secretary of the Ministry of Finance.[7] On 24 October, he was succeeded by Lan as the minister of Finance.[8]