Mr. Daopeng Fu has approximately 30 years of extensive experience in the public sector, with a career centred on macroeconomic fiscal policy formulation and government budget management, particularly focusing on areas such as diplomatic and foreign expenditures, foreign assistance, and contributions to international organisations.
Prior to joining the NDB, Mr. Fu served as the Director-General of the Hubei Supervision Bureau under the Ministry of Finance (MOF) of the People’s Republic of China. In this role, he oversaw the implementation of proactive fiscal policies at the provincial level, supervised local fiscal operations, and monitored risks related to local government special bonds. He was also responsible for assessing risks within financial institutions and inspecting the accuracy, integrity, and quality of corporate accounting information.
From 2021 to 2024, Mr. Fu held the position of Deputy Director-General in the Administration and Law Enforcement Department of the MOF. In this capacity, he managed departmental budgets related to diplomatic and foreign affairs expenditures, foreign assistance, and other central government agencies. He actively contributed to China’s budget management reform as well as the development of the foreign aid system and mechanism.
Between 2016 and 2020, Mr. Fu served as Counsellor at the Permanent Mission of China to the United Nations. He led the Fifth Committee Team of the Chinese delegation in negotiations on the UN’s Administrative and Budgetary issues.
Earlier in his career, Mr. Fu served as a member of the UN Committee on Contributions from 2014 to 2016. Since joining the Ministry of Finance in 1997, he has held roles across several departments.
Mr. Fu holds a Ph.D. in Economics from the Graduate School of the Research Institute of Fiscal Science, Ministry of Finance. He completed postdoctoral research at the Chinese Academy of Social Sciences.