China News Service, Beijing, July 8th (Reporter Zhao Jianhua) The Ministry of Finance of China, the State-owned Assets Supervision and Administration Commission of the State Council and other central departments released their respective departmental accounts to the public on the 8th.

The content to be disclosed includes four parts: department profile, department final accounts, department final accounts description, and term explanation.

  Among them, the department final accounts include the final statement of revenue and expenditure, the final statement of revenue, the final statement of expenditure, the final statement of financial appropriation revenue and expenditure, the final statement of general public budget financial appropriation expenditure, the general public budget financial appropriation basic expenditure final account, and the general public budget. Financial appropriation "San Gong" expenditures final account, government fund budget fiscal appropriation revenue and expenditure final account, state-owned capital operating budget financial appropriation expenditure final account and other 9 reports, covering the overall situation of departmental revenue and expenditure and financial appropriation revenue and expenditure.

  This is the 11th consecutive year that the central government has disclosed its final accounts to the public.

The relevant person in charge of the Ministry of Finance stated that the number of project performance self-assessment forms submitted to the Standing Committee of the National People's Congress with the central government's final accounts this year has increased to 493, an increase of 25.1% over the previous year.

Relevant information will also be made public, so that the public has a clearer understanding of the purpose and effect of government budget funds.

  Since 2016, the Ministry of Finance has also promoted central departments to disclose government procurement expenditures to the public in accordance with their final accounts.

According to the person in charge, the disclosure content mainly includes the total government procurement expenditures and the itemized amount of goods, projects and services procurement, the amount of government procurement contracts awarded to small, medium and micro enterprises and the proportion of the amount of contracts awarded to small, medium and micro enterprises in the amount of government procurement expenditures.

  Faced with the impact of the epidemic and changes in the international situation, China's proactive fiscal policy in 2020 will be more active and promising.

Bai Jingming, former vice president of the Chinese Academy of Fiscal Sciences, analyzed that through a package of measures such as expanding the fiscal deficit, issuing special treasury bonds to fight the epidemic, and adding special bonds for local governments, the basic people's livelihood, wages, and operations are guaranteed, and proactive fiscal policies promote the economy. Operation gradually returned to normal and people's livelihood continued to improve.

  Affected by the epidemic, the central government's general public budget revenue fell sharply in the first quarter of last year, marking the first negative growth since 2009.

With the improvement of the epidemic prevention and control situation and the gradual recovery of the economy, fiscal performance is improving quarter by quarter.

The 2020 Central Accounts Report released last month showed that last year's central government expenditures at the same level had a negative growth, of which non-urgent and non-rigid expenditures were reduced by more than 50%.

The central government’s "San Gong" funds totaled 2.986 billion yuan (RMB, the same below), a decrease of 2.531 billion yuan from the budget.

  Yu Mingxuan, director of the Policy Science Research Center of Renmin University of China, believes that the central government has taken the initiative to implement the requirements of the tight schedule and strictly control and reduce the expenditure of the "three public" funds. At the same time, due to factors such as the epidemic, some missions to go abroad (border) for business and foreign affairs reception were not implemented, and expenditures for official vehicles and official receptions decreased. (Finish)

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