在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

  Home>News Center>China
       
 

Auditors inspect international aid projects
By Ling Hu (China Daily)
Updated: 2005-01-27 03:18

The National Audit Office will intensify supervision of projects using foreign aid this year, officials said.

Topping the auditors' agenda will be notarizing the annual reports of more than 500 projects using foreign aid loans, and probing projects funded by foreign cash infusions, Chen Hua, director of the auditing office's Department of Foreign Funds Application Auditing was quoted in yesterday's China Audit Post as saying.

She was addressing a training class in Beijing on foreign funds auditing. More than 70 trainees from the office and local auditing offices attended the class, which ended Thursday.

The auditing of foreign aid funds used to focus on loan projects, since most loan providers demand auditors' notarization of such projects' annual financial reports.

"The office's plan this year shows more attention to other (foreign aid) projects such as free government aid programmes," said an official with the Ministry of Commerce's international co-operation department.

"It will be the first time the office conducts such massive investigation of foreign aid projects," the official said, asking to remain anonymous.

China has received more than 1,000 foreign aid programmes since 1980, involving US$5.6 billion in cash, according to the Ministry of Commerce.

Some 70 per cent of the money is invested in the country's less well-off central and western regions.

The office is known for its challenges of powerful government units, taking institutions on to fight financial abuse and corruption.

'Auditing storm'

It stirred an "auditing storm" last year by reporting high-profile economic crimes or misconduct by senior officials in such organizations as the General Administration of Sports and the State Power Corporation.

The office set up a department of foreign funds application auditing in 1984 to monitor the use of foreign funds.

Audit offices countrywide audited some 513 projects funded by foreign aid loans last year, and issued 516 reports, including 25 in which reservations were noted and two in which auditors refused to state opinions.

"Auditors' notarization (in foreign aid projects) is not only a procedure now, but is making progress on substantive matters," the Post quoted Dong Dasheng, the office's deputy auditor-general, as saying.

The auditing of foreign funds is not only about legality but also about the efficiency of using money, according to Dong.

The office audited railway projects funded by the government's external treasury bonds last year.

The auditors made selective examinations of 21 billion yuan (US$2.5 billion) used for railway equipment in these projects, which included 10.6 billion yuan (US$1.3 billion) in foreign funds, according to the Post.

It turned out some major engineering and rail maintenance equipment as well as communication facilities remained idle because of poor planning and management. There were other abuses in the public bidding process for railway equipment purchases, the Post said, but it did not mention the amount of money involved.

By the end of 2003, there were 68 railway projects funded by external bonds, involving US$9 billion in contractual foreign loans, according to the newspaper.



 
  Today's Top News     Top China News
 

Auditors inspect international aid projects

 

   
 

Separatist push in Taiwan endangers peace

 

   
 

Bloodiest day for US troops in Iraq, 37 killed

 

   
 

Maglev report stopped in its tracks

 

   
 

US lawmakers urge IBM-Lenovo sale review

 

   
 

Economist: China loses faith in dollar

 

   
  Annuity system tops US$12 b in 9 months
   
  New role helps fight cash launderers
   
  Nation, ASEAN agree on warning system
   
  Stronger laws and safety index pave way to better food
   
  Getting-tough policy cleans up city's streets
   
  Separatist push in Taiwan endangers peace
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Auditors reveal truth about State assets firms
   
Auditor to focus on big projects
   
Chinese leaders value role of economic audit
   
Chinese leaders value role of economic audit
   
China to audit senior military officers
   
Personnel, railway ministries misuse funds
   
Hundreds punished amid audit storm
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 久久久久国产精品夜夜夜夜夜 | 一级毛片久久久 | 国产午夜免费视频 | 精品久久久久久久久久久 | 在线成人小视频 | 一级国产片 | 性史性dvd影片农村毛片 | 成人午夜在线 | 中文字幕1区 | 日韩 国产 欧美 | 久久免费毛片 | 久久九九免费视频 | 成人小视频在线观看 | av网站导航 | 视频爱爱免费视频爱爱太爽 | 久久靖品 | 激情网五月天 | 国产成人区| 日本天堂网| 成人午夜网站 | 国产美女福利 | 国产九九精品 | xxxx色 | 国产精品视频99 | 欧美不卡在线观看 | 午夜爽爽影院 | 欧美一级黄 | a视频在线免费观看 | 人人干人人艹 | 国产成人+综合亚洲+天堂 | 超碰com| 不卡的av| 欧美成人猛片aaaaaaa | 不卡的av网站 | 成年人免费看片 | 欧美日韩高清在线 | 日本伊人网 | 亚洲美女毛片 | 国产日韩一区二区 | 国产在线观看一区 | 免费av小说 |