involving over 6 trillion yuan in assets, the ministry of finance issued new regulations
2024-09-15
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supervision of administrative and public-service state-owned assets was further strengthened.
on september 14, the ministry of finance made public the "measures for the management of the use of state-owned assets by central administrative and public institutions" (hereinafter referred to as the "measures"), which aims to standardize the use of state-owned assets by central administrative and public institutions, maintain the security and integrity of state-owned assets, and safeguard the rights and interests of state owners.
data previously released by the ministry of finance showed that in 2022, the total amount of central administrative and public institutions' state-owned assets was 6.5 trillion yuan, the total liabilities were 2.0 trillion yuan, and the net assets were 4.5 trillion yuan. as the contradiction between fiscal revenue and expenditure increases, it is more important to solve the practical problems and make good use of this huge amount of assets in a standardized manner.
a difficult problem currently encountered in the asset management of administrative and public institutions is that the management authority of the competent departments is relatively low, which is not conducive to the implementation of the main management responsibilities.
to this end, the relevant person in charge of the ministry of finance introduced that the "measures" unified the management authority and increased the authorization of various departments, authorizing various departments to review and approve the use of state-owned assets with a book value of less than 15 million yuan, such as leasing and lending, and foreign investment by central administrative and public institutions. it stipulates that each department can authorize its subordinate units to a certain limit of asset use management authority based on actual conditions. at the same time, the main responsibilities of each department are implemented to ensure consistency of power and responsibility.
in response to the problem that some units have not followed the approval procedures for the use of state-owned assets, the measures clarify the management requirements and specific work procedures for the use of assets for self-use, leasing, lending, and foreign investment, and further standardize the use of state-owned assets by central administrative and public institutions. in addition, the ministry of finance will strengthen supervision and inspection to achieve a combination of deregulation and regulation.
among the state-owned assets of central administrative and public institutions, houses and cars are key assets.
the measures require that housing assets be used strictly in accordance with regulations and their use functions must not be changed without authorization; the leasing and lending of housing assets must be strictly controlled and, in principle, housing assets must not be used for foreign investment. official vehicles should be used to ensure the implementation of work and used strictly in accordance with the prescribed purposes. it is strictly prohibited to use official vehicles for private purposes or to illegally assign them to internal institutions or individuals for use.
according to the relevant person in charge of the ministry of finance, the measures strictly control leasing, lending and overseas investment. for example, unless otherwise stipulated by the state, central administrative units shall not use state-owned assets for overseas investment in any form. in principle, central public institutions shall not directly invest in newly established or newly acquired shares in enterprises. if they really need to establish or acquire shares in enterprises, they shall submit them to the ministry of finance for approval after review and approval by the competent department.
in addition, in order to ensure that assets are legally and compliantly activated and that income management is standardized and orderly, and to better implement the requirements for party and government organs to get used to living a tight life, the measures specify the management requirements for rental income, shared and used reasonable compensation income, and foreign investment income of central administrative and public institutions, and clarify that conversion income such as income from foreign investment in scientific and technological achievements shall be retained by the units in accordance with regulations, and require central administrative and public institutions to collect income from the use of assets in a timely manner and standardize the management of income from the use of state-owned assets of administrative and public institutions.
a relevant official from the ministry of finance said that the next step will be to actively communicate and exchange views with local financial departments, encourage them to adapt to local conditions, formulate specific regulations based on local management realities, and improve the system of administrative and public-service state-owned assets management.
(this article comes from china business network)
