Yesterday (on the 28th), the Ministry of Finance Budget Division for the network revealed that the Chinese Government will continue to deepen the reform of the budget system, including fiscal revenue and expenditure classification reform and the reform of departmental budgets, and so on, to let more people have the right to know.

Management of legal transfer payments

Secretary-general of the Finance Ministry Budget Satellite, in 2007 the Ministry of Finance in accordance with the requirements of the State Council, the drafting of the "Interim Regulations on the financial transfer payment (discussion paper)," transfer payments involving the basic principles of management, the division of responsibilities between various departments, the details of the transfer payment and form, as well as inspection and supervision and legal responsibilities, and so forth. The next step will be to seek a comprehensive central and local views, revised and improved, submitted to the State Council's Legislative Affairs Office. At the same time, and will actively cooperate with the transfer payment to the National People's Congress legislative research, and promote the construction of the system of transfer payments.

"At present, China's financial transfer payment to a wide range of management to be more chaotic, for example, the large and small local governments in Beijing the establishment of the Beijing Office, 'the Ministry of money running into' phenomenon is the best proof. These problems greatly dismembered the effect of the financial transfer payment. "the Central University of Finance and Economics, vice president of the Institute of Management to Wen Cheng said.

It is understood that the central government last year from the general transfer payments to more than 2,500 billion, the central government's budget year more. "This initiative will be the Ministry of Finance balance the central and local financial resources to standardize the transfer payment, the rule of law, to facilitate transparent operation.

More detailed breakdowns on revenue and expenditure reform

From the start of last year, the revenue and expenditure classification reform, the Ministry of Finance Budget Division inspectors said Wang Weixing, the balance of payments classification last year, which is the first year of implementing the reform, started application, the only son of five. 2008 to increase more than 40, to be able to let the public learn more about the government budget arrangements.

It is understood that after the reform of government revenue and expenditure classification of the three major elements, namely, income classification, and functional classification of expenditure expenditures economic classifications. The main income classification is a complete reflection of government revenue sources and nature of the Government's money come from.

At the same time, in order to let the people have more right to know, the reform of transparency in the government budget, the Ministry of Finance Budget Division deputy director Lee said that the draft budget as a whole, including the Government's draft budget as a whole, including the departments draft budget, and gradually open the a trend.

In addition, the Ministry of Finance Treasury Secretary Danjingchao also said that the scale of last year, China's government procurement will exceed 400 billion yuan, government procurement funds, the average savings rate of 11 percent. He said that the financial sector will also supply energy-saving products to strengthen supervision, the establishment of energy-saving products business integrity management system for failing to follow rules and contractual supply to the supply of energy-saving products are in the record of bad behavior on the list, in one or three Prohibition years in the country to participate in government procurement activities.