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Chinese Army to improve its management of assets

(Xinhua)

08:23, October 26, 2011

BEIJING, Oct. 25 (Xinhua) -- The Chinese People's Liberation Army (PLA) has moved to better manage the Army's assets, in an effort to promote a scientific development of the nation's defense and military sector, according to the Central Military Commission (CMC).

With the approval of CMC Chairman Hu Jintao, the CMC has consented to the Proposals on Further Improving the Management of the Army's Assets, which was jointly put forward by the PLA's General Staff, General Political Department, General Logistic Department, and General Armament Department.

Hu is also the general secretary of the Communist Party of China (CPC) Central Committee and the state president.

The proposals demand the PLA to modernize the management of its logistic work in a comprehensive way, by taking into account the past experience and the requirements of the new era, the military's mission, and both military and civil purposes.

The Army should better utilize its assets and budgetary funds, particular funds that are used for implementing major programs, it said. The treatment of military assets must be done in a transparent, fair and regular manner, and under the supervision of departments concerned, according to the proposals.

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