China's National Audit Office (NAO) will audit the
financial expenditure and income of the Beijing Olympic organizing committee every six months, said a
Pan Xiaojun, director of the NAO investment department, said the audit will
focus on the construction of the main Olympic stadium, the national aquatics
center, the conference center and the Olympic village.
said Olympic construction has entered a very intense phase with all stadiums and
gymnasiums scheduled to be largely completed by October 2007.
"Construction progress, quality, safety and cost will top the audit agenda,"
Other NAO priorities in 2007 include the south to north water diversion
project and major railway construction projects.
Auditors of the water diversion project will examine not only the
construction of the project but also water pollution control.
The central government invests more than 50 billion yuan in railway
construction every year, and vast bank loans are required. The NAO will audit
the management of the investment, Pan added.
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