REPORT ON THE IMPLEMENTATION OF THE CENTRAL AND LOCAL BUDGETS FOR 1999 AND ON THE DRAFT CENTRAL AND LOCAL BUDGETS FOR 2000

(Delivered at the Third Session of the Ninth National People's Congress on March 6, 2000)


Xiang Huaicheng, Minister of Finance

Fellow Deputies, I have been entrusted by the State Council to submit a report on the implementation of the central and local budgets for 1999 and on the draft central and local budgets for 2000 for your examination and approval, and also for suggestions and comments from members of the National Committee of the Chinese People's Political Consultative Conference.

I. Implementation of the Central and Local Budgets for 1999

II.The Draft Central and Local Budgets for 2000

III. Deepening Financial Reform, Standardizing Management of Revenue and Expenditures, Stepping up Efforts to Handle Financial Affairs in Accordance with the Law and Striving to Implement the Budget for 2000

Fellow Deputies, The financial work this year is arduous. Let us rally closely around the Party Central Committee with Comrade Jiang Zemin at its core, hold high the great banner of Deng Xiaoping Theory, adhere to the Party's basic line, acquire a clear understanding of the situation and our tasks, seize opportunities, blaze new trails while forging ahead, and work together with great confidence to ensure the successful implementation of the budget for this year.