On August 26, the Ministry of Finance held discussions and exchanges on financial science management in Hefei, Anhui, to thoroughly study and understand the spirit of General Secretary Xi Jinping's important instructions and instructions on financial work, implement the spirit of the pilot symposium on financial science management, and research and deployment to further promote scientific financial management. Party Secretary and Minister Lan Foan of the Ministry of Finance attended and delivered a speech. The conference believes that strengthening scientific financial management is an important political task assigned to the financial department by the Party Central Committee, and is a key measure to improve the effectiveness of financial management and provide better guarantees for Chinese-style modernization. Since the pilot was launched in 2025, scientific financial management work has achieved phased results. First, systematic management capabilities have been greatly enhanced. It not only focuses on budget coordination, revenue division, and zero-based budgeting, but also addresses how to use money and how to use it better, and extends management to the front end and compacts it to the end. Second, the direction of refined management is more clear. The requirements of careful calculation, pragmatism and accuracy are fully reflected in the whole process of budget allocation, execution, and supervision, and the efficiency of the use of financial resources is constantly improving. Third, the standardized management path is more clear. Improve the expenditure standard system, enhance work standardization, and minimize the space for discretion. Fourth, the level of rule-of-law management has improved markedly. Continue to improve financial regulations and systems, increase accountability for dealing with illegal financial regulations, new hidden debts, etc., and continue to strengthen the binding and deterrent power of financial regulations.
Zhitongcaijing · 2d ago
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On August 26, the Ministry of Finance held discussions and exchanges on financial science management in Hefei, Anhui, to thoroughly study and understand the spirit of General Secretary Xi Jinping's important instructions and instructions on financial work, implement the spirit of the pilot symposium on financial science management, and research and deployment to further promote scientific financial management. Party Secretary and Minister Lan Foan of the Ministry of Finance attended and delivered a speech. The conference believes that strengthening scientific financial management is an important political task assigned to the financial department by the Party Central Committee, and is a key measure to improve the effectiveness of financial management and provide better guarantees for Chinese-style modernization. Since the pilot was launched in 2025, scientific financial management work has achieved phased results. First, systematic management capabilities have been greatly enhanced. It not only focuses on budget coordination, revenue division, and zero-based budgeting, but also addresses how to use money and how to use it better, and extends management to the front end and compacts it to the end. Second, the direction of refined management is more clear. The requirements of careful calculation, pragmatism and accuracy are fully reflected in the whole process of budget allocation, execution, and supervision, and the efficiency of the use of financial resources is constantly improving. Third, the standardized management path is more clear. Improve the expenditure standard system, enhance work standardization, and minimize the space for discretion. Fourth, the level of rule-of-law management has improved markedly. Continue to improve financial regulations and systems, increase accountability for dealing with illegal financial regulations, new hidden debts, etc., and continue to strengthen the binding and deterrent power of financial regulations.
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