The Third Session of the12th CPPCC Shanghai Municipal Committee was held on the morning of Jan 28 2015. In the second meeting speech, SPEA Prof. Liu Xiaobing pointed out that budgeting is the foundation of fiscal activities and we should capture the opportunity of adapting new budgeting policy to build a clean and transparent government.
He suggested to put more efforts on budgeting disclosure and enhance our legal awareness, and budgetary expenditure should be classified in a more scientific way and open to a more detailed level.

He suggested to put more efforts on budgeting disclosure and enhance our legal awareness, and budgetary expenditure should be classified in a more scientific way and open to a more detailed level.

