China Financial Daily

Financial reform will help to activate the county economy
Ministry of Finance has recently published “on the province to promote the direct management of the county of financial reform,” clearly put forward before the end of 2012, and strive to national autonomous regions in addition to promoting the province outside the direct management of a comprehensive financial reform and the goal of the county. First of all the recent food and oil, cotton, production of live pigs into the reform of the scope of the county, “the direct management of the provincial finance reform at the county level of positive significance is very clear and improve the efficiency of the financial allocation to reduce the deduction of the intermediate links, help the development of county economy. “Scientific Research Institute of the Ministry of Finance Financial Su, deputy director of the” Sankei Shimbun China “said.

One paper in 2009 proposed the Central Province to promote the direct management of the county (city) financial system, and the Ministry of Finance “on the province to promote the direct management of the county fiscal reform” to the specific content of reform, intergovernmental revenue and expenditure breakdown , transfer payments, financial exchanges, Budget and Final Accounts, year-end, etc., to achieve the provincial cities and counties finance and financial direct contact to carry out work related business.

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