Tighter monitoring of military spending
Print Edition
CHINA intends to improve efficiency in military spending through tighter monitoring of how funds are used.
Under the new “results-based management system” set to be fully operational by 2020, individuals and military units will be held accountable for inefficiency, according to a circular approved by the Central Military Commission and made public yesterday.
Military expenditure management and control will be improved to maximize the output of the spending, said the circular issued by the General Logistics Department of the People’s Liberation Army.
The circular said the management system will be piloted this year at PLA headquarters and regional military commands in five areas such as fiscal management and military hospitals. It will become universal by 2020.
Zhao Keshi, head of the PLA general logistics department, said the assessment of output and results will be introduced throughout the allocation, use and supervision procedures.
The system will ensure military funds being effectively transferred into combat capability, he said.
The circular said modern warfare is based on huge consumption of money and materials, and cost-output management should always be an important consideration.
It urged accurate formulation of military budgets, strengthened monitoring of the budget execution, and strict accountability for those who failed to achieve the goals set.
China announced in March that it plans to spend 808.23 billion yuan (US$132 billion) on the PLA in 2014, up 12.2 percent from the year before and the latest double-digit increase.
President Xi Jinping has repeatedly urged the armed forces to strengthen their capacity to “win battles.”
China insists it poses no threat to any country, but is committed to defending its interests and modernizing its armed forces.
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