Auditing Reports to Be Opened

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Last updated at: (Beijing Time) Sunday, July 06, 2003

Auditing Reports to Be Opened

By 2007, the National Audit Office (NAO) will open all auditing reports and investigation reports to the public except for those concerning State secrets, according to the NAO.

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By 2007, the National Audit Office (NAO) will open all auditing reports and investigation reports to the public except for those concerning State secrets, according to the NAO.

Saturday's China Daily cited it as a big step forward in making the nation's government more transparent. Previously, almost all auditing reports have been kept secret and the NAO only reported to the State Council and the National People's Congress.

However, the NAO has been calling for reform for the past few years and in some cases, abstracts of auditing reports have been published.

The latest bold move was on June 25 when Auditor-in-Chief Li Jinhua reported to the NPC Standing Committee the auditing results of the 2002 State budget.

NAO's website published the full text of the report, for the first time in China's history. Later the information was released by the official Xinhua News Agency and published by numerous media outlets.

In the office's five-year working plan released Friday, the office promised to standardize contents, procedures and forms of the reports to be published in the coming five years.

It also vowed to tighten its auditing methods on the use of fiscal funds, State financial institutions and large State firms.

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