3. We will strengthen oversight over budgets and final accounts.

Examining and approving government budgets and final accounts and overseeing the implementation of budgets are legally mandated powers of all levels of people’s congresses and their standing committees.

The revised Budget Law has made new provisions and set forth new requirements concerning the scope of government budgets and final accounts subject to review and oversight, the review procedures and areas of priority, and the bodies charged with exercising oversight and their responsibilities. We will make the most of the opportunity that comes with implementing the revised Budget Law to earnestly strengthen review and oversight over budgets and final accounts.

We will listen to and deliberate over reports on the government’s final accounts, auditing work, and implementation of budgets, and review and approve the central government’s final accounts for 2014. We will listen to and deliberate on a report from the State Council on strengthening the management of government debt, and carry out research on how to improve budgeting for state capital operations.

We will continue to explore ways to improve oversight work in order to make it more targeted and effective. We will strengthen the role of special inquiries, and carry out special inquiries during our listening to and deliberation over reports on inspections of the enforcement of the Law on the Prevention and Control of Water Pollution and the Law on Vocational Education.

We will strengthen follow-up oversight, and make arrangements for listening to and deliberating on the State Council’s feedback report on how it has responded to our report on inspections of the enforcement of the Air Pollution Prevention and Control Law and our comments, as well as its report on its work to correct the serious problems uncovered through auditing.

We will carry out research on certain major issues in compiling the 13th Five-Year Plan and make arrangements for listening to and deliberating on the reports produced therein.