Hainan Provincial Department of Finance Functional Information
Provisions on Functional Configuration, Internal Organizations and Staffing of the Department of Finance of Hainan Province
Article 1 According to the Guiding Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Hainan to Comprehensively Deepen Reform and Openness (Zhongfa [2018] No. 12) and the Notice of the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council on the Issuance of the “Institutional Reform Program of Hainan Province” (Office of the word [2018] No. 80), the present provisions are formulated.
Article 2 Hainan Provincial Department of Finance (referred to as the Provincial Department of Finance) is a constituent department of the provincial government in charge of the financial work of the whole province, and it is at the level of a department.
Article 3 The Provincial Department of Finance carries out the guidelines, policies and decision-making arrangements of the Party Central Committee on financial work, as well as the policies and measures of the China (Hainan) Pilot Free Trade Zone and the Free Trade Port of Chinese Characteristics, implements the work requirements of the provincial party committee, and adheres to and strengthens the Party's centralized and unified leadership of the work of the financial sector in the process of performing its duties.
The main responsibilities are:
(a) to formulate the province's fiscal and taxation development strategies, planning, policies and reform programs and organize the implementation. Analyze and forecast the financial and economic situation, participate in the formulation of macroeconomic policies, put forward the use of fiscal policy to implement macroeconomic regulation and control and a comprehensive balance of provincial financial resources of the proposal, put forward the China (Hainan) Pilot Free Trade Zone and the construction of a free trade port of Chinese characteristics of the financial and taxation policies and measures and opinions and recommendations. Formulation of provincial and city and county, local government and enterprise distribution policy, the implementation of public welfare institutions to encourage the development of fiscal and taxation policies.
(ii) Implementing laws and regulations relating to fiscal, financial and accounting management, drafting and supervising the implementation of draft local laws and government regulations on fiscal, financial and accounting management in the province. According to the authorization is responsible for the province's foreign financial, debt and other international negotiations, to carry out international exchanges and cooperation in the field of finance and taxation.
(c) Responsible for the management of all financial revenues and expenditures at the provincial level. It organizes the preparation of departmental budgets at the provincial level, prepares the draft budget and draft budget adjustments of the provincial government, and compiles the draft budget of the whole province. It organizes the formulation of standards and quotas for expenditure, and examines and approves the annual budgets of departments (units). Entrusted by the provincial government to report to the provincial people's congress and its standing committee on the financial budget, implementation and final accounts. It is responsible for the publicizing of the budget and final accounts at the provincial level.
(d) Responsible for organizing the drafting of local laws and regulations on taxation, draft government regulations and implementation measures, implementing national tax laws and regulations, and guiding and supervising the implementation and execution of tax policies.
(e) Responsible for the management of government non-tax revenues in accordance with the division of labor. It is responsible for the management of governmental funds and administrative fees according to regulations. Managing financial bills. It formulates lottery management policies and relevant methods, supervises the lottery market in the province, and manages lottery funds according to regulations.
(f) To organize the implementation of the financial treasury management system and the centralized treasury payment system, manage the accounts of the provincial financial funds and the accounts of the provincial budgetary units in accordance with the regulations, and be responsible for the cash management of the treasury. It organizes the preparation of comprehensive government financial reports on accrual basis. It is responsible for formulating the government procurement system and supervising and managing it. It is responsible for the research on the opening up of the government procurement market.
(vii) To formulate, in accordance with the law, systems and methods for the management of governmental debt and hidden governmental debt of the province. Preventing and resolving the risks of governmental debt and hidden governmental debt. Promote the use of government and social capital cooperation (PPP) model in the field of public services. Issue and pay local government bonds. Undertake the work related to the management of the government's foreign debt.
(H) lead the preparation of the province's state-owned assets management report. According to the authorization of the provincial government, centralized and unified performance of local state-owned financial capital contributors. Lead the implementation of state-owned financial capital management rules and regulations. To formulate rules and regulations on the management of state-owned assets of administrative institutions and organize the implementation thereof, and to organize the implementation of the expenditure standards and expenditure policies prescribed by the national unified regulations.
(ix) To formulate and organize the implementation of the province's state-owned capital management system and methods. It is responsible for reviewing and summarizing the preparation of the province's draft budget for state-owned capital operation, and formulating the management system for state-owned capital operation budget. It is responsible for the collection and expenditure of state-owned capital gains of enterprises at the provincial level. Organize the implementation of enterprise financial system.
(j) Leads the examination and summary preparation of the draft budget of the province's social insurance fund, formulates the financial management system of the relevant funds in conjunction with relevant departments, and undertakes the financial supervision of the social insurance fund.
(xi) Responsible for handling and supervising the economic development expenditure of the provincial finance, financial allocation of governmental investment projects, participating in the formulation of policies related to infrastructure investment in the province, and formulating the financial management system of infrastructure.
(xii) It is responsible for managing the province's accounting work, supervising and regulating accounting behavior, organizing the implementation of the national unified accounting system, guiding and supervising the business of certified public accountants and accounting firms, and guiding and managing social auditing. Manage the work related to asset evaluation in accordance with the law.
(xiii) Responsible for the implementation of the province's fiscal and taxation laws and policies, budget management and related supervision. It is responsible for the construction and management of financial internal control. Formulate budget performance management system and norms, and take the lead in organizing the full implementation of budget performance management.
(XIV) to complete the provincial party committee, the provincial government and the higher authorities of other tasks assigned.
(XV) Functional transformation.
