Commission holds meeting to optimize project management

Some members of the investment and legal sections of the Guiyang development and reform commission held a meeting on Nov 21, to discuss national policies on investment and auditing processes. 

Guiyang development and reform commission holds a meeting on Nov 21 to discuss national policies on investment and auditing processes. [Photo/fgw.guiyang.gov.cn]

Focusing on some items of the national regulations on government investment and working proposals on improving and regulating investment auditing, the meeting aimed to further the practices and research on mechanisms for auditing project budget estimates.

Guiyang is in the process of adjusting its project budgetary estimate approval workflow, which requires auditors not to take part in some project management activities, such as decision-making and project bidding, according to a notice for more strict and regulatory investment work issued by the National Audit Office. 

Also, auditing workers will not give reviews on estimates and budgets for construction projects, the notice said. 

Members at the meeting agreed to set up a long-term working mechanism suitable for Guiyang's actual situation by improving the review system for budget estimate audit agents and experts, and by strengthening communications with the audit and finance departments.