The National Audit Office (NAO) issued its 2006-2010 Five-Year
Audit Development Program on Friday, saying China will continue to
explore new and more effective methods of auditing provincial and
ministerial officials over the next five years.
"China's audit bodies will reinforce auditing of officials at
all levels of government and in the Communist Party of China as
well as leaders of state-owned enterprises," said the program.
It said the country is improving and extending the audit system
nationwide and endeavoring to make it more transparent.
Results of the country's annual audits, apart from classified
information concerning national intelligence, will be made public
in 2010, according to the program.
The NAO identified misappropriations of 5.51 billion yuan of
central budget funds by 48 central government departments in
2005.
China has been making a sustained effort to improve its auditing
system. The new Audit Law, passed in February and put into effect
on June 1, has boosted the authority of audit departments and
helped ensure a better implementation of budget plans, Premier Wen Jiabao said earlier this month.
(Xinhua News Agency September 23, 2006)