国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

National auditor checking into land transfer fees

By Li Fangchao (China Daily)
Updated: 2007-07-11 08:42

The National Audit Office (NAO) has started auditing the collection and use of the fees levied on the transfer of land use rights in 10 cities in order to better regulate the funds.

Such fees are a major source of income for local governments.

As the nation's property and real estate markets have heated up, funds have flowed into local government coffers.

The 10 cities include the four municipalities - Beijing, Shanghai, Tianjin and Chongqing - as well as six provincial capitals - Harbin, Hefei, Jinan, Changsha, Guangzhou and Chengdu.

For various reasons, land transfer fees are not included in government budgets, though they are still at the disposal of local officials.

As the trade in land has boomed, income from transfer fees has come to account for almost half of local financing in recent years.

But unlike budgeted funds, local governments often do not keep clear records of how the transfer fees are collected or used.

A communiqu from the Ministry of Land and Resources said that last year, fees from the transfer of land use rights contributed about 767 billion yuan ($100 billion) to local finances.

However, the 21st Century Business Herald quoted Ping Xinqiao, a Peking University professor, as saying that a more realistic estimate would be 1 trillion yuan.

The State Council last year ordered all land transfer fees to be included in government budgets.

The fresh audit is aimed at getting a clear picture of the scale of land transfers and whether the money collected matches that amount, the NAO said.

The audit will make sure that all fees are included in government budgets and sniff out any waste, embezzlement or the loss of State assets in the collection and use of the money.

Land-related corruption cases brought down a slew of officials last year. Some of them influenced the land approval or bidding process or siphoned off money.

Renmin University of China professor Yan Jinming described the loss of State assets in the form lower land transfer fees as "worrying".

"Local governments tend to attract investment with preferential policies like promising much lower land fees for industry, which has led to huge losses," he said.

"This is because of the investment-driven economy. Economic performance still decides an official's political future."

On the other hand, local governments earn a lot from inviting public bidding for land designated for property development, he said.

Yan said local governments can tamper with their accounting in order to free up more funds for their use.


(For more biz stories, please visit Industry Updates)



Related Stories  
蛟河市| 邵阳市| 耒阳市| 佛冈县| 丹巴县| 新宁县| 镇江市| 唐海县| 富宁县| 洛宁县| 天津市| 丘北县| 五莲县| 万荣县| 安龙县| 丰县| 敦煌市| 梓潼县| 洞头县| 安康市| 肥城市| 库车县| 洛宁县| 沙河市| 民县| 离岛区| 阜南县| 岑巩县| 原平市| 原阳县| 香格里拉县| 井冈山市| 泾川县| 抚顺市| 十堰市| 泸水县| 阳原县| 东宁县| 上蔡县| 钟山县| 博乐市|