Fund and project management within the central budget

On April 6, the national development and Reform Commission issued the investment fund arrangement and project management within the central budget. According to the regulations on government investment, the investment funds in the central budget include direct investment, capital injection, investment subsidy, loan discount, etc. Direct investment means that the government investment funds in non-operating projects, and the relevant government agencies or their designated and entrusted organs, organizations, institutions, etc. organize the construction and implementation of the projects as legal entities. Capital injection refers to that the government investment funds are invested as the capital of operational projects, the governmentRead More →

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