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Report on China's Central, Local Budgets

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4. We will work hard to increase revenue and reduce expenditures. We will strongly support the efforts of tax and customs agencies to strengthen collection and management of taxes and tariffs in accordance with the law, resolutely put a stop to and correct unauthorized tax reductions and exemptions, and resolutely work to thwart tax evasion and tax fraud. We will collect both tax and non-tax revenue in accordance with the law and to the fullest extent possible to ensure a steady increase in government revenue. We will meet expenditures for key items, hold general expenditures under control and cut down expenditures for the purchase and use of official cars, meetings, official receptions and official visits overseas. Construction of office buildings for Party and government departments will be strictly controlled. Construction and remodeling of office buildings in excess of the set standard for floor space and grade will not be allowed. Management of expenditures related to official business will be tightened. The reform to require payment of official business expenses with credit cards will be deepened. We will strictly adhere to the "two imperatives" [It is imperative to always be modest, prudent, and free from arrogance and rashness in our work and it is imperative to continue following the principle of hard struggle and plain living - Tr.], be more willing to practice austerity, do everything diligently and frugally, practice strict financial and economic discipline and oppose extravagant spending and waste.

It is important that we implement the 2009 budget and do all our fiscal work well. Under the leadership of the Party Central Committee, with Comrade Hu Jintao as General Secretary, let us hold high the great banner of socialism with Chinese characteristics, follow the guidance of Deng Xiaoping Theory and the important thought of Three Represents, and thoroughly apply the Scientific Outlook on Development. Let us strengthen our confidence, forge ahead in spite of difficulties, blaze new trails in a pioneering spirit, work diligently, implement our proactive fiscal policy carefully, ensure successful implementation of the budgets, and energetically contribute to achieving sound and rapid social and economic development.

(Xinhua News Agency March 15, 2009)

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