Chinese govt issues directives to depts on public spending

Image
Press Trust of India Beijing
Last Updated : Jul 10 2013 | 12:30 PM IST
The Chinese government has issued a deadline to its departments to disclose spending on parties, vehicles and overseas trips to ensure compliance with an austerity drive launched by the new President Xi Jinping.
Seeking to promote transparencies in governance, the new directive issued by the central cabinet has also asked the departments to furnish information on investigations into major accidents.
Provincial governments should disclose their spending on the said three items starting from 2013, and municipal and county governments should strive to disclose such information by 2015, according to the directive.
Moreover, investigation reports on major accidents should be fully disclosed to the public starting from 2014, state-run Xinhua news agency said.
The cabinet has identified nine categories of information as priorities in promoting government transparency, including information on administrative examinations and approvals, budgeting and government expenses on receptions, vehicles and overseas trips and subsidised housing.
Other categories include food and drug safety, environmental protection, production safety, pricing and charging, land appropriation and demolition, and public welfare institutions and enterprises, in particular, and the education sector.
After taking over in March, Xi, also General Secretary of the ruling Communist Party, launched an austerity campaign both in the government and the military, banning lavish dinners with alcohol in five-star hotels as well as using luxury vehicles and overseas trips.
It is not clear whether the disclosures would be put in the public domain.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 10 2013 | 12:30 PM IST

Next Story