China Financial Daily

Ministry of Finance: 11.82 million yuan in tax evasion for China Sinopec Branches
Reporters learned from the Ministry of Finance , Ministry of Finance recently released Notice of accounting information quality inspection shows that in 2010 , local financial departments have checked 18,553 enterprises and institutions , 969 accounting firms , 47.099 billion yuan of irregularities found , check up tax 644 million yuan .

Ministry of Finance Issued 5-year government loan, interest rate is 2.91%
Ministry of Finance announced yesterday, today it would release the 33th interest-bearing book-entry treasury bonds this year. According to the Ministry of Finance announcement, the current nominal amount of bonds actually issued 28.0 billion, 5-year period, the coupon rate would be 2.91%.

Ministry of Finance: the promotion of rural micro-credit loans
Ministry of Finance and the World Bank’s International Finance Corporation 14, jointly held in Beijing International Conference on Rural Finance, Vice Minister of Finance Wang Jun said, and will accelerate the development of small-scale rural financial institutions, to promote rural micro-credit loans to further improve the rural financial system, innovation in rural financial products and improve the efficiency of rural finance.

Assistant Finance Minister Hu Jinglin said the coming period, one dedicated to the development of rural finance to play the role of fiscal and monetary policies to expand the breadth of coverage of rural financial services, efforts to increase supply. Second, the existing fiscal and monetary policy committed to the implementation of policy implementation in a timely manner according to adjusted and improved. The third is dedicated to mechanism innovation, constantly exploring and innovation in rural financial institutions and organizations, financial products and financial support for agriculture investment approach. The fourth is dedicated to urban and rural development, accelerate the flow of financial resources to rural areas, speed up the integration of urban and rural economic and social development pattern formation.