Arab Today, arab today tightened chinese government spending critical to improving public services
Last Updated : GMT 13:45:48
Arab Today, arab today
Arab Today, arab today

Tightened Chinese government spending critical to improving public services

Arab Today, arab today

Arab Today, arab today Tightened Chinese government spending critical to improving public services

Beijing - XINHUA

China is trying various ways to build a frugal government, which is needed for the present and upcoming economic situation, and critical to improving public services. The latest effort to cut government spending was announced on Saturday by the State Council, which issued an emergent notice to all departments in all areas of the country urging them to examine all government building projects. The move comes after Chinese Premier Li Keqiang told a press conference following the conclusion of the annual session of China\'s legislature in March, that within his tenure, the government will not use public coffers to construct new offices, halls or guest houses for government use. Li also ensured that the number of government employees, spending on official hospitality, overseas trips for official purposes and purchases of official vehicles will be reduced. The move is part of the country\'s recent comprehensive efforts to cut spending and build a service-oriented government. In December, at a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee, participants approved regulations making explicit requirements on how Political Bureau members should improve their work style, focusing on rejecting extravagance and reducing bureaucratic visits. The regulations were fully welcomed by the public and later followed by subordinate departments throughout the country, having a serious impact on sales of luxury goods and upscale restaurants.P The People\'s Daily, the flagship newspaper of the party, said in a commentary published on Monday that tightened government spending is due to the end of the over two-decade supercharged growth of China\'s fiscal revenue, and the unfavorable economic situations both domestically and internationally. The fiscal spending as a share of GDP (Gross Domestic Product) of the Chinese government is getting close to that of some moderately developed countries, so it is necessary to take the share under control, said the commentary, adding that China should draw lessons from some countries\' overspending. Furthermore, the country is facing an arduous task in reforms of various sectors concerning people\'s livelihood, which requires quite a lot budget. With the money saved, the government can improve its public service in social security, public health care, environmental improvement, and other sectors that the people need the most and remedy social conflicts that can undermine stability. After decades of economic boom, the country is improving these systems so that to let more people enjoy the dividends of the reform and opening up policy. However, in a situation where the growth of fiscal revenue slows down, reducing unnecessary expenditure is an effective way to fund those efforts in the long term. As Li stressed at the press conference in March, \"if the people are to live a good life, their government must be put on a tight budget.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tightened chinese government spending critical to improving public services Arab Today, arab today tightened chinese government spending critical to improving public services

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday