in 2020, china will increase its fiscal deficit by 1 trillion yuan over 2019. at the same time, china will issue 1 trillion yuan of special treasury bonds to combat covid-19, and all the 2 trillion yuan of government funds mentioned above will be transferred to local governments. to this end, a special transfer payment mechanism has been set up to direct funds to the city and county level, which will be mainly used to ensure people's employment, basic livelihood and market entities.
this year's government work report states that "governments at all levels must really tighten their belts". according to the plan for fiscal work, all expenditures saved by government departments this year will be given priority to ensuring stability and ensuring social stability and other key expenditures.
is the special transfer payment mechanism smooth and efficient? how can governments at all levels save and use the affluent people? recently, our reporter went to hunan province, chongqing city and shenzhen city of guangdong province for investigation.
direct capital unimpeded, benefit enterprises, people
according to the data, by the middle of august this year, excluding the 300 billion yuan used to support tax cuts and fees, of the 1.7 trillion yuan of direct management funds, 1.558 trillion yuan of direct management funds had been transferred to the budgets of cities and counties, of which 1.451 trillion yuan had been detailed into specific projects. how does the money get to the grassroots quickly?
"from june 30, when the documents were received, to july 15, the funds were distributed to the cards of poor households, which is the fastest time for the funds to be disbursed." pan xiongzhi, mayor of anding town, pingjiang county, hunan province, said that the county's finance bureau immediately handed out 755,800 yuan courtyard economy award and subsidy funds to 1,691 impoverished households in the town.
efficiency is so high, and hunan provincial department of finance to make full use of direct funds monitoring system inseparable.
"since june 23, our province has received various direct funds from the central finance." hunan provincial department of finance budget director hu yungui introduced, provincial department of finance cancelled municipal transfer link, the one-time capital decomposition into the counties and cities.
direct funding of 2 trillion yuan is a special measure taken by the central government at a special time to deal with the impact of the epidemic. in strict accordance with the central government's plan, provincial financial departments have done a good job in allocating and allocating funds to ensure that direct funds reach the community without hindrance.
in hunan, as of june 30, the central government had allocated 64.18 billion yuan of all kinds of direct funds to hunan province. in addition to the 4.5 billion yuan of special national bonds reserved in accordance with regulations for dealing with new difficulties that may arise in the future, the remaining 59.68 billion yuan had been allocated to cities and counties.
at present, chongqing has received more than 40 billion yuan of direct funds allocated by the central government, and all of them have been allocated to the districts and counties. from receiving direct funds from the central government to transferring funds to districts and counties in chongqing, it took the fastest one working day and the slowest one only three working days, with the district and county distribution rate reaching 99.9%.
in shenzhen, as of august 24, the ministry of finance has allocated 14.943 billion yuan of direct funds, among which 172 million yuan has been allocated to the municipal level and 14.771 billion yuan to each district, all of which have been allocated to the budget units, and the allocation progress of the whole city is 100%.
direct capital unimpeded, benefit enterprises, people.
"this fund has ensured the operation of the production line of the enterprise, so we no longer have any worries at home. we have enough energy!" xiao-ping guo chongqing good elder brothers food science and technology co., ltd. general manager, said the ministry of finance issued on june 30, epidemic prevention and control key protection enterprises preferential discount loans budget indicators, on july 14, the company has received from metro bureau of smes to direct capital of 42000 yuan, "in order to save time in the enterprise declaration, examination and approval, the district finance bureau staff to help we put all the application materials scanning, uploaded to the city bureau of finance."
learned, assigned to the metro in chongqing central direct capital of 739 million yuan, more than half of the money will be used in metro protect the basic livelihood of the people, protect the market main body on spending, such as resistance to disease special treasury bonds is mainly used for epidemic prevention medical equipment purchase and major infrastructure construction, such as rail transit line 5, life landfill, sewage pipe network, etc.
li nengbin, director of the finance bureau of zhuzhou city, hunan province, said that the 460 million yuan of the special national debt fund is mainly used to protect market entities and the basic livelihood of the people. "a total of 360 million yuan has been allocated to the insurance market, with the focus on supporting rail transit and big data industries. another 100 million yuan will be spent on urgently needed areas related to people's livelihood, such as pollution prevention and control and environmental management, to enhance people's sense of gain."
we will not spend any money that should not be spent, we will not leak out any funds that are already in use, and we will ensure that every penny is spent in key areas
after june 19, the people's government of sanyang township, pingjiang county, hunan province, has been put up in three places.
everything happens for a reason. originally, june 16, san yang township government of the old office building part of the wall seriously cracked, the roof of the office canteen collapsed, the building became a dangerous house, had to be removed.
"the building has been in use for more than 40 years. it was a grade d dilapidated building before and only maintained until june this year after several repairs." li junjie, the head of sanyang township, said he initially planned to rebuild the site, but estimated it would cost about 30 million yuan. in order to meet the government's demands for a tight schedule, the project was not launched. finally, in accordance with the principle of close function and convenience for the masses, the sanyang township government has placed the relevant departments in three public housing units that are still vacant.
xia hai, director general of the finance bureau of pingjiang county, said that by reducing regular and non-rigid expenditures, pingjiang county put its existing financial funds to good use in the first half of the year, and effectively filled the financial gap caused by raising the rural subsistence allowance standard and providing temporary price subsidies during the epidemic prevention and control period.
the government tightened its grip and used the money saved to ensure people's livelihood and strengthen the vitality of market players. the financial departments of the three places made various plans.
you don't spend a penny you shouldn't.
"we need to allocate our limited and precious resources to the most urgent areas for ensuring stability and ensuring social stability." he weiwen, deputy director of the hunan provincial finance department, said the provincial party committee and provincial government issued a notice to impose 10 strict rules. we will promote the market operation of festivals, evening parties, forums, competitions and other activities, set a three-year incubation period, gradually reverse the financial subsidies during the incubation period, and re-evaluate the period after the incubation period.
"in january, we issued the 'ten rules for living on a tight budget,' requiring party and government organs, public institutions and state-owned enterprises to stop buying official vehicles this year, and for all departments to reduce their funding for research projects, planning and training by 30%. after the npc and cppcc sessions, we introduced an upgraded version of the "tight living plan", which reduced the expenditures of municipal departments on ordinary projects by 15% and those on non-rigid and non-urgent projects by 10%. from january to july, municipal government departments reduced spending by 3.4 billion yuan." feng yi, head of chongqing's finance bureau.
-- making good use of the existing funds will not leak out a single cent.
since the beginning of this year, financial departments in many places have actively put government assets and existing government funds to use to relieve the pressure on government revenue and expenditure.
for example, ningxiang city in hunan province has set up a mechanism to regularly liquidate existing funds and put them to good use on a quarterly basis. in the first half of 2020, we will recover 78.61 million yuan in various balance funds, turning existing funds into incremental financial resources, effectively easing the pressure on government expenditure.
tang sunkui, director of the finance bureau of shenzhen municipality, said that shenzhen has sorted out the assets of various government departments, including office, residential, industrial and commercial properties, divested shops and other properties that have nothing to do with their duties, transferred 300,000 square meters of supporting commercial facilities of municipal government-owned housing to state-owned enterprises with compensation, and increased its fiscal revenue by 6 billion yuan. "with the help of market forces, we transferred the government property rights of the shenzhen convention and exhibition center with compensation, which activated the market value of the city-owned large-scale venues and increased the fiscal revenue." in the first half of this year, one-time revenue of 15.01 billion yuan was generated by the revitalization of assets at both urban and rural levels, boosting government revenue by 7%.
-- we will ensure that no less than one cent of expenditures is spent on key areas.
by optimizing the structure of expenditure, government departments at all levels have rationalized the priorities of government expenditure and ensured expenditure in key areas, thus stabilizing the basic economic situation and ensuring the bottom line of people's livelihood.
he deyuan told reporters that since january this year, he has received a temporary price subsidy from government departments every month, ranging from dozens to more than 100 pieces. "with this money, the price of meat has gone up a bit, but it doesn't affect the food at home. it's very heartening."
since the beginning of this year, chongqing has increased its special poverty alleviation fund by 770 million yuan, an increase of 20% for the whole year.
in order to stabilize unemployment and promote employment, liuyang city, hunan province has provided 15.63 million yuan of unemployment insurance refund to 502 enterprises and 392 million yuan of social insurance premium exemption for enterprises as of july 22.
the financial department keeps a dynamic track of each sum of money to ensure that it is "well spent"
whether it is financial direct funds or budgetary funds, the financial department carries out dynamic tracking of every sum of money to ensure that the funds are "well spent".
-- in order to ensure the accurate landing of direct funds, the financial department does not "leave the hands of the manager", and strengthens the supervision and guidance on the use of funds.
hunan provincial department of finance has established a special ledger to record the source and use of each fund in real time. "at present, the financial audit joint efforts, covering the whole chain to supervise the allocation, allocation and use of funds, fraud, interception, embezzlement, idle precipitation and other problems, found and dealt with together, never allow the phenomenon of fighting with the people!" hu yungui said.
"chongqing municipal bureau of finance not only rely on the central direct dynamic monitoring of funds, to the end of the source of funds allocated to the use of funds, the whole chain, whole process, the whole monitoring, but also to open sharing fund data, meet the needs of the auditing departments of supervision, and to direct funds to carry out the department joint supervision, to ensure that the direct capital in the" last mile "is not a problem, an hui qi relief." yi said.
-- we will strengthen rigid budgetary constraints and hold the use of government funds to good effect, performance and accountability.
"the government's 'purse' is controlled by everyone." li nengbin said that by actively carrying out the "internet plus" supervision work, zhuzhou municipal finance bureau will timely input the data of livelihood funds into the system, and make it public on the internet, to effectively strengthen the supervision of the public on livelihood projects. at the same time, we have explored ways to establish a working mechanism for implementing departments' self-evaluation, financial evaluation, audit re-evaluation and npc review of major special fiscal funds, thus forming a positive interaction between performance evaluation and budget management.
in the conference room of shenzhen municipal bureau of finance, a large screen about 4 meters long and 2 meters wide fills a whole wall, which is the terminal screen of shenzhen smart finance integration platform. smart financial planning and construction includes 36 subsystems, covering the entire financial business segment. up to now, the platform has launched 27 business subsystems, effectively supporting the business operations of nearly 3,000 budget units, 91 non-tax revenue units, the shenzhen central sub-branch of the people's bank of china, nine commercial banks, municipal people's and social security departments, development and reform departments and government procurement centers. each budget time point of use, electronic payment voucher in a glance above. by early july, the platform had completed a total of 1.8 billion yuan of funds for epidemic prevention in shenzhen, with about 1.09 billion yuan spent on epidemic prevention.
"we will continue to introduce new technological means, develop digital finance and sunshine finance, and manage and make good use of every financial fund," he said. "said ms. tang.
source: ministry of finance, prc