
The financial reform at locallevel gained headway. Guangdong Development Bank completed its reorganization, with the stockholder's rights minute set at the reform. The insurance business inspection target ranked the first nationwide for three consecutive years. The third round reform of provincial government administrative examining and approval system had accomplished with electronic surveillance system set up for administrative examining and approval in the Pearl River Delta, some region-level cities and provincial subordinate departments. Efforts had been geared up to push forward the reform of public financial system. Pilot reform started at and above the county level with regard to state treasury centralized receipts and disbursements. The reform on departmental budget also took a lead in the country. Meanwhile, the managerial property management system was restructured effectively in the CPC and government organizations and public service institutions. The assets reorganization for provincial government subordinate enterprises had been pushed forward steadily.
Headway was made in the property right multiplication reform in such superiority corporations as Guangdong Yudean Group Co., Ltd. and Guangdong Shaoguan Iron and Steel Group Co., Ltd. The investment plan approval and filing system was introduced to the all state-own companies. Pilot plan was carried out for tender for building non-profit-making projects invested by provincial government departments. The preparedness and response mechanism had been improved to deal with public incident emergency. Efforts had been made to ensure the safety of foods and drugs.
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