Formulating and implementing accounting regulations - for government and private corporations and promoting accountability and transparency. The main functions of the Ministry of Finance is to carry out the following duties of the state:[1], Organizational structure obtained from the Ministry of Finance website:[1], All of the leaders are members of the Ministry's Communist Party Committee, with Liu Kun as its secretary.[3]. But a report by the Chinese Academy of Social Sciences, a government think tank, predicted that the surplus will fall to zero in 2035 after peaking in 2027 at 6.99 trillion yuan, taking into account government subsidies. The banks’ shares being transferred were worth around 115 billion yuan at Wednesday’s closing prices. SASAC News. : 'State Affairs Court Constituent Department(s)'). Without written authorization from www.gov.cn, such content shall Managing the social security expenditures from the central government; formulating the accounting management rules on social security funds; monitoring the utilization of the social security funds. The national social security fund is mainly charged with making up for pension shortfalls, and is separate from the country’s local government-managed social insurance funds. Undertaking other assignments of the State Council. Communique of 5th Plenary Session of 19th CPC Central Committee Released. | Administrative & Law Enforcement Department, State Equity & Corporate Finance Department, This page was last edited on 26 June 2020, at 09:00. The ministry also records and publishes annual macroeconomic data on China's economy. Currently, the council has 35 members: the premier, one executive vice premier, three other vice premiers, five state councillors, and 25 in charge … Monitoring the implementation of fiscal and tax policies - laws and regulations, examining problems with the system and making changes. State-owned industries are the responsibility of the State-owned Assets Supervision and Administration Commission, and there are separate regulators for banking, insurance and securities. It also handles fiscal policy, economic regulations and government expenditure for the state. You could also do it yourself at any point in time. The Ministry of Finance's remit is smaller than its counterparts in many other states. The State Council, constitutionally synonymous with the Central People's Government since 1954, is the chief administrative authority of the People's Republic of China. Zhōnghuá Rénmín Gònghéguó Cáizhèngbù, National Development and Reform Commission, State-owned Assets Supervision and Administration Commission, Central Commission for Discipline Inspection, National Council for Social Security Fund, Ministries of the People's Republic of China, Ministry Of Finance People's Republic Of China, State Council of the People's Republic of China, Grasping the large, letting go of the small, China Banknote Printing and Minting Corporation, Ministry of Industry and Information Technology, State Administration for Industry and Commerce, China Council for the Promotion of International Trade, All-China Federation of Industry and Commerce, Guangdong-Hong Kong-Macau Greater Bay Area, Mainland and Hong Kong Closer Economic Partnership Arrangement, Mainland and Macau Closer Economic Partnership Arrangement, Regional Comprehensive Economic Partnership. At the end of 2018, its pension funds for urban workers had a balance of about 4.8 trillion yuan (link in Chinese). Guidelines to the State-owned enterprises directly under the Central Government, The State Council of the People's Republic of China, National Development and Reform Commission.
It also does not handle regulation of the money markets or interest rates. All Rights Reserved. Washington, DC 86-21-6288-3840 Draft laws and regulations on public finance, financial, Annual budget for Central People's Government, Preparing the annual budget of the central government, priority spending, balancing the budget.

Administrative & Law Enforcement Department, State Equity & Corporate Finance Department.


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