Preventing financial harm through detailed audits

Hu Zejun, auditor general of the National Audit Office, presented the Audit Work Report for 2016 to the 28th meeting of the National People's Congress Standing Committee on June 23, in accordance with the Audit Law and as per the task entrusted by the State Council.

The report has since been made public. It shows that the central budget implementation for 2016 was good in general, with features like intensified fiscal policy, enhanced safeguards for people's livelihoods, progressive reforms in fiscal and taxation systems, and improved budget management.

The report also points out that, with growing awareness about fiscal and economic laws, and regulations, relevant departments and local governments are correcting problems identified in the 2016 and 2017 audits.