Top auditor on Thursday warned of risks threatening economic development, calling for better management of finances and state-owned assets, as well as the sound implementation of macro-economic policies.
This year, the central government may be under great pressure to achieve the full-year target of 7-percent growth, Finance Minister Lou Jiwei said when elaborating on the report.
Money on officials' overseas trips totaled 1.95 billion yuan in 2012, 200 million yuan less than the budgeted figure, while 4.07 billion yuan was spent on vehicles, 281 million yuan less, and 1.41 billion yuan on receptions, 78 million yuan less, the report said.
Authorities are investigating morethan 630 people who allegedly committed economic crimes, the country's top auditor said Thursday.
Top auditor on Thursday warned that local governments must improve their debt management with the sharp increases in local debts.
Top auditor said Thursday that nearly 5.8 billion yuan (943 million U.S. dollars) in funds meant for low-incoming housing projects was embezzled last year.
Minister of Public Security Guo Shengkun on Wednesday delivered a report to the country's legislature on the ministry's efforts to standardize police conduct over the last five years.
A delegation of the top legislature has finished inspecting how the country's Law on Renewable Energy is enforced in northwestern Gansu Province, a major producer and user of wind and solar power.