China addresses fiscal irregularities after audit

Source: Xinhua | 2019-12-26

China has almost addressed all the fiscal irregularities from 2018 identified in an audit report, according to the country's top auditor.

Such rectifications involved about 310 billion yuan (about 44.33 billion U.S. dollars), said Hu Zejun, head of the National Audit Office (NAO), who delivered a report Wednesday at the ongoing bimonthly session of the National People's Congress Standing Committee.

Many local governments have rolled out measures to push forward related rectifications, and different departments have enhanced coordination to improve rectification efficiency, Hu said.

The NAO would continue to follow up on the rectification progress, Hu said.