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Rh negotiations of a new agreement concerning the Chinese Eastern Railway. In December 1921 Mr. Liu returned to Peking Ministry again, becoming Chief of the Railway Department. He held concurrently the following positions; President of the Commission for the Study of Railway Affairs, Vice-Chairman of the Commission for the Study of Railway Lines, and Vice-Chairman of the Railway Finance Commission. In March 1922 Mr. Liu received another post as an Executive Member of the Commission on Communications in connection with the redention of Shantung interests. In December he was awarded the Second Class Tashou Chiaho Decoration. In January 1923 the government awarded upon Mr. Liu the Second Class Tashou Paokuang Chiaho Decoration. Later he joined the Bank of Communications to which he is still connected. In September 1923 he was appointed an expert to the Financial Re-organization Commission under the Cabinet.