Liu Jiayi
Liu Jiayi

Liu Jiayi, head of the National Audit Office (NAO), said at a conference that more than 2,100 items in government rules and regulations were formulated or revised based on audit reports in the same period.

Liu Jiayi
Liu Jiayi

Auditing authorities have been promoting efficient use of funds, smooth progress of projects and correction of malpractice, Liu said.

In the same period, the NAO conducted audits on more than 20,000 government officials, finding misused fund of more than 250 billion yuan and handing over 321 officials and related staff to judicial and discipline inspection authorities.

Since 2011, authorities have audited a total of 700,000 companies or institutions and retrieved over 1.7 trillion yuan, according to Liu. Enditem

Source: Xinhua

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