Top auditor calls for all public funds to be reported
Print Edition
China’s top auditor on Saturday said auditors will seek to include all public funds, state-owned assets and resources as well as government officials in their annual budget, fiscal revenue and expenditure reports.
Liu Jiayi , head of the National Audit Office (NAO), was speaking at a joint inquiry session on a rectification report about problems found in an audit of the central government’s 2014 budget, fiscal revenue and expenditure. His comments came in response to a question raised by lawmakers over how to expand the subjects of the office’s annual audits.
The NAO submits the reports to China’s top legislature in June each year, but they cover only 44 government departments.
Liu said innovation is key to what he called “all-inclusive” audits, adding that resources should be unified.
The inquiry session was part of a bimonthly meeting of the National People’s Congress Standing Committee, though this was the first time an inquiry was held to discuss problems listed in the audit reports.
In previous years, only written reports were submitted to lawmakers. The change could signal the government's resolve to curb malpractice.
The three-hour inquiry also focused on ways to fine-tune government budgets, address malpractice in the lottery, and rein in local government debt.
Also on Saturday, top legislator Zhang Dejiang presided over a meeting of the chairpersons of the NPC Standing Committee.
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