BEIJING (Reuters) - China will take further action to prevent falsification of fiscal data, the finance ministry said in a statement on its website on Friday.
The ministry made the comment in response to questions on a data falsification scandal in the traditional "rustbelt" Liaoning province, whose government said in its annual work report this week that it had falsified reporting of fiscal data from 2011 to 2014, according to state-owned People's Daily.
Liaoning's falsification of fiscal data during the period "impaired central government's judgment on the province's economic situation and misled central policy", the ministry said.
It said it would closely supervise local fiscal revenue situations in provinces including Liaoning and intensify monitoring.
(Reporting by Nicholas Heath and Yawen Chen)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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