Investment Subsidies And Discount Items In The Central Budget Management

Original Language Title: 中央预算内投资补助和贴息项目管理办法

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here: http://www.chinalaw.gov.cn/article/fgkd/xfg/gwybmgz/201311/20131100393560.shtml

Investment subsidies and discount items in the central budget management

    (June 15, 2013 3rd release from the national development and Reform Commission as of July 15, 2013) Chapter I General provisions

    The first to standardize the management of the central budget for investment grants and subsidies project, improving benefit of using funds from the central budget investment grants and subsidies, according to the decision of the State Council on reform of the investment system, as well as the relevant laws, administrative regulations, and these measures are formulated.

    Article to investment subsidies and subsidized use of central budget for investment in project management, these measures shall apply.

Article investment subsidies mentioned in these measures refers to the national development and Reform Commission to qualified local government investment projects and enterprise investment funding from the investment projects.

Interest in these measures refers to the national development and Reform Commission on qualified using medium-and long-term loans the granting of interest subsidies on loans for investment projects.

    Investment grants and subsidies are unpaid capital investment. Fourth investment subsidies and subsidy funds focus on market cannot allocate resources efficiently, and need the Government to support the economic and social fields.

Includes:

(A) the public interest and public investments in infrastructure projects;

(B) to protect and improve the ecological environment of investment projects;

(C) to promote economic and social development in less developed areas of the investment project;

(D) promoting scientific and technological progress and investment in high-tech industrialization projects;

    (E) other projects that comply with the relevant national provisions. Fifth national development and Reform Commission shall, in accordance with requirements of macro-control, according to the State Department determines priorities, strictly abide by the principle of scientific, democratic, open, fair and efficient, and equal treatment for all types of investors, arrange investment subsidies and discount items.

    To less developed regions and investment projects in the area of regional national autonomy shall be appropriately directed. Sixth national development and Reform Commission arrangements of investment subsidies and discount items, should first of all establishing a programme of work, clear investment subsidies and discount the purpose, objectives, implementation, support, funding arrangements, procedures, deadlines and other major content according to different industries and different regions, the specific circumstances of different investment projects, to determine the appropriate standards of investment grants and subsidies.

State-level planning or special provisions have been clearly set out in the above-mentioned elements, without a programme of work. The programme of work shall comply with the relevant national laws and regulations, industrial policy, planning and requirements related to macro-control policies.

    Where did not involve confidential content, work programme shall be made public and local governments and enterprises to carry out related work.

Seventh must apply for investment subsidies or subsidized capital projects, should report to the project rollup reporting units submitting funding applications.

Summary report on the funding of the project application report for examination and then submitted to the State development and Reform Commission.

    Report of the national development and Reform Commission to submit funding applications for approval, approval and release of investment subsidies or subsidized capital.

    Chapter funding request report Declaration Eighth funding application by the need to apply for investment allowance or discount interest funds projects proposed and submit project summaries applicants.

Project summary reporting units shall in accordance with the requirements of the work programme, the funding application at first instance, eligible projects submitted to the State development and Reform Commission.

    All provinces, autonomous regions, municipalities, separately listed cities, Xinjiang production and construction Corps development and reform Department (hereinafter referred to as the provincial development and reform commissions), plans to separate the central management for project rollup reporting units. Nineth in accordance with the provisions of article should be submitted to the State Council or approved by the national development and Reform Commission for approval, the project, you can submit a feasibility study report or project application report when I submit a funding application, not separately submit funding applications. After examination and approval, the project also separately submit funding applications. Shall be approved by the local Government pursuant to the provisions of government investment projects, feasibility study or preliminary design approval shall submit a funding application report.

    In accordance with the provisions of investment projects should be approved by the local government or for the record, shall submit a funding application after approval or for the record reported.

The tenth funding applications should include the following main elements:

(A) the basic situation of project;

(B) the basic situation of the project, including construction, total investment in and financing, construction conditions of implementation;

(C) the main reasons for investment subsidies or subsidized funding, and policy basis;

(D) other content required by the programme of work.

    State Department or the national development and Reform Commission has approved investment projects, approval, submit grant reports alone, their application for funding of the report can be simplified, highlighting the main reason for investment subsidies or subsidized funding, and policy basis.

11th Fund request report shall be attached with copies of the following documents:

(A) the Government subject to approval of investment projects feasibility study or preliminary design approval documents;

(B) investment projects of enterprises of implementing approved management document approved by the project application report;

    (C) the record management of investment projects for the record. The 12th local government investment projects and business investment project application report, should be submitted to the State development and Reform Commission by the provincial development and reform Department.

Plans to separate groups and centrally administered enterprises can report directly to the national development and Reform Commission submitted requests for funds.

    Project summaries applicants applications for funds should be reported if they meet the relevant policy requirements, project approval (approval, for the record) if they meet the relevant requirements of rigorous examination, review and reporting, compliance is responsible for the authenticity of the material.

    Reply chapter funding request report

The 13th after the national development and Reform Commission accepts funding applications, the review focused on the following matters:

(A) the use of the central budget for investment;

(B) comply with the requirements of the work programme;

(C) consistent with the investment grants and loans funding principles;

(D) the submission of the relevant documents are available and effective;

    (E) main building conditions and the implementation of the project. 14th single project investment subsidy or discount interest funds are one-time arrangements in principle.

    Have already arranged the central budget for investment projects, State development and Reform Commission does not repeat its funding application. Article 15th discount, discount interest funds according to the total loans eligible for discount amount, current discount rates and the discount period determined.

    Discount rate shall be no higher than the current bank interest rate ceiling for medium-and long-term loans. 16th report approving funding applications can be handled or dealt with separately.

    National development and Reform Commission, according to the review result, agreed to arrange funding of investment subsidies or subsidized funding request report reply individually, together or in parallel with the release investment plan approval.

17th for the amount of subsidy to local, wide, less individual funding projects, the national development and Reform Commission issued the annual investment plan, construction of clear objectives, mandates, subsidies and job requirements, arranged by the provincial development and reform Department broken down into specific projects, submitted to the national development and Reform Commission for the record.

    The provincial development and reform commissions responsible for the decomposition of the compliance arrangements for specific projects, the national development and Reform Commission will increase its supervision and inspection work.

    The fourth chapter project management

    18th use of investment subsidies and interest deducted capital project, the project unit should strictly implement the relevant policies of the State requirements, without changing the main building and construction standards, no transfers, appropriation or diversion of investment subsidies and subsidy funds.

    19th project rollup reporting units should be in accordance with the requirements of the work programme, investment subsidies and subsidies project reports on implementation of the national development and Reform Commission. 20th item cannot accomplish objectives, projects and project summary declaration shall promptly report circumstances and reasons.

    The national development and Reform Commission can be adjusted depending on the situation.

    21st may, when necessary, to national development and Reform Commission of investment subsidies and discount on the medium-term work programme and policy assessment and evaluation and assessment of evaluation work in a timely manner programmes and policies to make the necessary adjustments.

    22nd investment subsidies and discount the financial management of the project, in accordance with the provisions on financial management in the financial sector.

    Fifth chapter, supervision and legal responsibility 23rd do not involve private investment subsidies and discount items, shall be in accordance with the relevant provisions to the public.

    National development and Reform Commission accepted units and individuals for investment grants and subsidies during the construction of project examination and approval, reports of violations, and to be investigated and prosecuted in accordance with the relevant provisions.

    24th the national development and Reform Commission and the development and reform of local government departments at all levels should be based on the Division of responsibilities, the use of investment subsidies and interest deducted capital project monitoring, prevention of diversion, appropriation or diversion of investment grants and loans funding to ensure reasonable use of government investment funds and successful implementation of the project.

    25th national development and Reform Commission shall, in accordance with the relevant provisions of the investment subsidies and discount items for inspection, the inspection found problems dealt with in a timely manner in accordance with the relevant provisions.

    26th levels of development and reform Department, the central management of enterprises and projects should consciously accept the auditing, monitoring and supervision of the financial sector based on the Division of functions, such as checking.

The 27th article of the staff of the national development and Reform Commission of the following acts, to order rectification, shall be investigated for criminal responsibility according to actual situation of administrative responsibility act constitutes a crime, shall be investigated for criminal responsibility by judicial organs.

(A) abuse of authority, dereliction of duty and favoritism, bribes;

(B) violation of the procedures established and approved in principle the application of funds;

    (C) other acts in violation of these rules. 28th project summary report of the applicant on the project funding application for review is not strict, investment subsidies and interest deducted capital losses, the national development and Reform Commission, according to circumstances, at a certain time and not to proceed with its submission in the context of the funding application. Project rollup reporting instructions, or incite projects provided false information, assistance with obtaining investment and subsidy funds, national development and Reform Commission submitted within five years no longer receive its funding application.
    29th project unit has one of the following acts, the national development and Reform Commission ordered the rectification measures reduced, retracted or stopping the allocation of investment subsidies and subsidy funds, and depending on the seriousness of attention or transferring the administrative organ shall investigate those responsible or liable:

(A) provides false information to defraud funds of investment grants and subsidies;

(B) violations of the program does not work as required to complete the project;

(C) transfer, appropriation or misappropriation of funds of investment grants and subsidies;

(D) without changing the main building and construction standards;

(E) no legitimate reason to delay construction of;

(F) rejection of inspection or supervision and inspection in accordance with law;

    (VII) other acts in violation of State laws and regulations and these rules.

    The sixth chapter supplementary articles

    30th article this way is responsible for the interpretation by the national development and Reform Commission. 31st article this way since July 15, 2013. The central budget for investment grants and subsidies of the interim measures for the administration of the project (the 31st order of national development and Reform Commission) abolished at the same time.