Auditing's role in supervision
Auditor-General Hu Zejun delivered an audit report on the accounts of 650,000 national entities to the Standing Committee of the National People's Congress on Tuesday, the first of its kind since the Audit Commission of the Communist Party of China Central Committee was established in May.
The submitting of such national account books to the top legislature for its scrutiny will help promote the development of China's audit system.
As an important part of the supervisory system, China's audit work has been greatly strengthened since the 18th CPC National Congress, and it has recovered or saved 2.5 trillion yuan ($391 billion) for the country since then. At the same time, it has detected 238,000 clues to crimes or violations of Party discipline, thus contributing to safeguarding national economic security, deepening reforms and promoting the rule of law and clean governance.