Tangled in new budgets
China Daily | Updated: 2010-03-29 07:52
The 12 central government budgetary reports published by the Ministry of Finance on Thursday are a welcome step forward to increase transparency of China's public finances.
But while we applaud the effort to provide people with more detailed information of its budget, we also urge financial authorities to make these key budget numbers more readable for the majority of the people.
China's budgetary income exceeded 6.8 trillion yuan ($1,000 billion) last year, up 11.7 percent over the previous year due to the stronger-than-expected economic recovery.
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