Organizational And Functional Provisions

All district/county governments, all commissions, offices and bureaus of the Municipal Government,


Provisions on the Main Functions, Internal Organs and Staffing of Shanghai Municipal Finance Bureau have been approved by the Municipal Government and are hereby printed and issued to you.


Shanghai Municipal People’s Government

November 28, 2014

 

Provisions on the Main Functions, Internal Organs and Staffing of Shanghai Municipal Finance Bureau

 

Pursuant to the Circular of the General Office of the CPC Central Committee and the General Office of the State Council on Issuing the Provisions on the Organizational Reform of Shanghai Municipal People's Government, Shanghai Municipal Finance Bureau has been established as a department of the Municipal Government.


I. Functional adjustments

1. Functional merger and transfer

(1) The approval process for the establishment of accounting firms in partnerships is merged into the approval process for the establishment of accounting firms in general.

(2) The approval process for the establishment of limited liability accounting firms is merged into the approval process for the establishment of accounting firms in general.

(3) The approval process for the establishment of branches of accounting firms is merged into the approval process for the establishment of accounting firms.

(4) The approval process for the relocation of offices of accounting firms across provincial administrative regions is merged into the approval process for the establishment of accounting firms.

(5) The approval process for the establishment of asset appraisal institutions in partnerships into the approval process for the establishment of appraisal institutions in general.

(6) The approval process for the establishment of corporate asset appraisal institutions into the approval process for the establishment of appraisal institutions in general.

(7) The approval process for the establishment of branches of asset appraisal institutions is merged into the approval process for the establishment of appraisal institutions.

(8) The approval process for the public service vehicle quota of government organs, public institutions, social groups and state-owned enterprises of Shanghai is merged into the approval process for the quota of public service vehicles in general.

(9) The approval process for the renewal of public service vehicles of government organs, public institutions and social groups of Shanghai into the approval process for the quota of public service vehicles.


2. Functional enhancement

(1) The fiscal administration system and mechanisms are updated so that, between the municipal and district/county-levels, the governments’ administrative powers are commensurate with their fiscal resource allocating power and spending responsibilities; the division of revenues is further rationalized; transfer payment by the municipal government on behalf of the district/county level is improved; and urban-rural integrated development and equal access of basic public services are promoted.

(2) The reform of budget administration is deepened and the system of budget expenditure standards is improved. Integration and regulation of special fiscal funds at the municipal level are enhanced, with the examination of the use of special financial funds strengthened; and the upgrading of budget implementation, fiscal supervision and performance evaluation is accelerated, with the fiscal information system updated and scaled up. 

(3) Government purchase of public services is further institutionalized, with the working mechanisms improved and business enterprises, social organizations and public institutions encouraged to offer public services and be engaged in public administration on behalf of the government.

(4) The financial reporting system on the accrual basis is adopted. In line with the accounting reform for government organs, an evaluation system is erected for government financial reporting to prevent financial risks.

(5) Local government debt management is enhanced; a standard and reasonable system of government debt management and risk-warning mechanisms is put in place for the municipal and district/county-level governments; the reform of local government bonds issuance is advanced; and a well-regulated, low-risk, cost-effective and efficient local government debt-financing mechanism is adopted.  


II. Main functions

1. Implementing financial laws, regulations, rules, guidelines, and policies of the State; drafting local regulations, rules and policies concerning public finance, financial management and accounting administration in the light of the actual circumstances in this Municipality; organizing the drafting of local taxation regulations, rules and implementation measures and proposing adjustments to the existing taxation policies.


2. Proposing the taxation and fiscal strategies, planning, policies and reform programs of Shanghai Municipality, and implementing such as adopted; participating in the analysis and forecast of the Municipality's macro-economic development, and hence the formulation of macro-economic policies; gradually improving the comprehensive budgets administration system encompassing governmental public budgets, government fund budgets, state-owned capital budgets, social security budgets and others budgets; deepening the reform of departmental budgets and updating the system of budget expenditure standards; strengthening the administration of mid-term fiscal planning; improving the balancing mechanism for budgets to be carried over to the next year; making suggestions on how to fulfill the State mandate for macro control and balance the fiscal resources distribution through taxation tools; improving the systems and rules to make sure that the governments’ administrative powers are commensurate with their fiscal resource allocating power and spending responsibilities between the municipal and district/county levels; formulating and implementing the financial distribution policies between the Municipal and district/county-level governments and between the government and business enterprises.


3. Managing government revenues and expenditure; managing government funds; drafting annual government budgets and implementing such as finally adopted; reporting to the Municipal People's Congress on the execution situation of the financial budgets for the previous year and the draft of the financial budgets for the current year, and reporting to the Standing Committee of the Municipal People's Congress on the draft of the final accounts on behalf of the Municipal Government; organizing the formulation of expenditure standards and quota; reviewing the annual budgets and their implementation by all departments; allocating budget funds in time and accurately; improving the transfer payment system; formulating rules and regulations for budget performance management and adopt an efficient mechanism; and improving Shanghai Municipality’s government purchase of public services. 


4. Formulating rules and regulations for the collection and management of non-tax government revenues and government funds; managing administrative surcharges by the line of authority, supervising the use of administrative notes; regulating the lottery market, reviewing the issuance and sales of lotteries and managing lottery funds according to relevant regulations.


5. Formulating and implementing rules and regulations for treasury administration and the treasury-single-account system, organizing the allocation and management of fiscal funds, managing the audit of the general budgets and the management of treasury cash, organizing the issuance of local government bonds and debt service, adopting an integrated financial reporting system for governments on the accrual basis and an efficient evaluation system; formulating the Municipality’s government procurement system and supervising its performance; overseeing the performance of the accounting system of government organs and public institutions and their bank accounts; and overseeing the control over procurement of public service vehicles.


6. Formulating and implementing administrative rules and regulations for SOAs in government organs and public institutions; managing such SOAs according to legal and administrative provisions; and formulating and implementing rules and regulations for the use of public service vehicles by Party and government bodies.


7. Participating in the formulation of industrial policies and other policies and reform programs concerning industries, infrastructure investment, income distribution, pricing, economy and trade, foreign exchange, scientific and technological development, education, cultural undertakings, housing, healthcare and social security; managing the social security expenditure borne by local government revenues and formulating management rules and regulations over the use of social security funds together with other relevant departments; and overseeing and managing the municipal-level special financial accounts of all social security funds and to strengthen the supervision on their use.