Learn Chinese - Govnt promotes card settlement for transparency

Home Business Politics Life Culture��Edu Sci��Tech Sports Photos

��Search

  China Observer

�� China might encounter labor shortage by 2015

  Photos

�� Lao Zi statue made of carbonized wood

�� New archeological discoveries on show in HK

�� Working in a "natural oxygen bar"

��Home>>

Govnt promotes card settlement for transparency

www.chinanews.cn 2007-07-27 09:33:53

(Source: CRIENGLISH.com)

An undated photo shows the application form for the official business
purchase card proposed by the government as part of its efforts to
improve the transparency of official consumption.

July 27 - China plans to promote the use of official business purchase
cards in public service institutions that operate on the central budget
in a bid to increase transparency of government expenses.
Working expenditure on trips, conferences, guest entertaining, and other
trivial deals less than 50,000 yuan, or 6,614 U.S. dollars, should be
paid via these cards, the China News Service reported on Thursday.
At present, certain institutions are used to withdrawing and spending
large sum of cash from the government budget, a practice which may lead
to irregularities and even corruption, the report said.
Now with this public purchase card, all payments will be traceable. The
Ministry of Finance said the cards will be used to monitor the daily
business expenses and reimbursement of expenses incurred.
Moreover, the cards reduce cash payments, thus improving control of
government money, the ministry said.
Starting on a trial basis, the cards will first be used this year by the
Central Discipline Inspection Committee of the Communist Party of China,
the Chinese Academy of Sciences and the China Soong Ching Ling
Foundation, the report said.
The cards will then be expanded to all institutes that use central
budgetary funds by the end of next year and to local institutes by 2010.

Photos More

Lao Zi
Relics
"Oxygen bar"
"Fly, Panda"

Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service

Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet