The responsibilities of Zhejiang Provincial Department of Finance are as follows:

1.To implement the State laws, rules, regulations, general and specific policies concerning financial budget, tax revenue, state-owned assets, finance, accounting etc; to draft the local rules and regulations concerning financial budget, state-owned assets, finance and accounting etc, to organize the implementation after the draft being discussed and passed.

2.According to national economy and social development strategy of the province, to formulate the medium and long term financial plans; to participate in establishing various macro economic policies; to promote fiscal tax reform, to submit the suggestion of macro economic adjustment and control, and comprehensive balance of social financial resources .through fiscal and tax policies.

3.To draft annual financial budget and final account at provincial level and to implement them after approval; to be entrusted by the provincial government to report the financial budget and its implementation to the Provincial People¡¯s Congress and to report the final accounts to the standing committee of the provincial People¡¯s Congress; to manage various financial income at the provincial level; to manage the capital of extra-budget and special financial accounts at provincial level; to manage related government fund and the administration fees and take charge of lottery supervision .

4.According to the provincial financial budget, to work out collection plan of fiscal and tax revenue; to discuss and work out local tax revenue policies along with the relevant departments; to undertake the work which is assigned by the Office of Tariff and Tax Regulations Commission of State Council.

5.To manage various financial expenditure at the provincial level; to guide, coordinate and supervise the government¡¯s purchase work in the whole province; to take charge of the purchase of the provincial government; to guide and supervise financial income and expenditure at various levels; to guide and supervise the financial activities of all provincial government departments, and to implement the centralized payment system.

6.To undertake the daily work of the Provincial State-owned Assets Administration Commission; to take charge of the management and supervision of the assets and finance of state-owned sole proprietorship, the state-owned holding and attending share enterprises; to manage and guide the assets operation; to take charge of the statistics of the financial public resources; to take charge of the dispatch and management work for directors and supervisors of state-owned assets operation agencies; to take charge of the dispatch and management of chief finance supervisors of state-owned key enterprises.; to supervise and monitor the state-owned assets property right exchange in the whole province.

7.To manage the investment for public financed infrastructure construction and the qualification of price verification for engineering budget and final accounts; to take charge of the appraisal and verification for financial estimation, budget and final accounts of public financed projects.

8.To take charge of the collection and management of the whole provincial agricultural tax; to implement the general and specific policies concerning comprehensive agriculture development of the country and province; to work out the medium and long-term plans for comprehensive agriculture development and organize the implementation work; to supervise and manage the capital of comprehensive agriculture development projects and the reclaim of onerous capital.

9.To participate in research on the social security reform and work out related policies; to work out and organize to implement the financial management on social security; to organize and implement the financial supervision for the expenditure of social security capital.

10.To manage the whole provincial treasury bonds; to take charge of the comprehensive coordination, management and supervision for the loans from World Bank, Asia Development Bank and foreign governments as well as the non-preconditioned loans from Japan International Cooperation Bank (the original Japanese Export & Input Bank loan); to take charge of the management of non-trade and non-commercial foreign exchange.

11.To manage and guide in the whole province accounting and assets appraisal and social audit, etc.; to supervise and guide by law such intermediary organs as certified accountants, assessors for registered assets, accountant firms, assets appraisal etc. and such self-disciplined organizations as certified accountant association, assets appraisal association etc..

12. To supervise the implementation of fiscal and tax policies, laws and rules; to check and report the important problems in the management of financial income and expenditure; to strengthen financial supervision; to establish the mechanism of guaranteeing budget income, the mechanism of effective supervision and control for budget expenditure and the mechanism of financial internal financial supervision and restriction.

13.To work out the planning of scientific research and education for finance and tax administration; to guide the work of social and academic organizations of financial tax and financial accounting at the provincial level; to take charge of the publicity work for finance and the construction of financial information management system.

14.To undertake other tasks assigned by the Provincial Government.

TEL£º0571-87055714

ADDR£ºNo.37, Huancheng Xi Road, Hangzhou City

POST£º310006

E-MAIL£ºzhangzh_sczt@zj.gov.cn