>i>Xiang>/i> (Township) Public Finance

Anhui Economic Yearbook (1987)

Chinese Economy, 1990, vol. 24, issue 2, 38-40

Abstract: In 1983, our province, starting with 20 counties and 173 townships, carried out a series of experimentation projects of developing rural public finance at the township (town) level. In 1984, the provincial finance bureau convened a province-wide township (town) financial work conference in which the documents "Certain Regulations and Stipulations Regarding Township (Town) Financial Management" and "Township (Town) General Financial Accounting System" were drafted and formulated, and through which a program was promoted to organize and construct rural township (town) financial work throughout the province. In that year, 4,002 districts, townships, and towns (adjusted in 1986 to 3,940) established financial offices (or groups), and, by the end of 1985, 11,832 rural financial cadres were either recruited or transferred from other units. By 1986, even the majority of district community organizations had established a basic level (level 1) financial apparatus; this makes up 75 percent of the total number of districts in the province.

Date: 1990
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