国内英语资讯:China mulls measures for local finances to secure basic livelihood
<p><span word="BEIJING">BEIJING</span>, <span word="March">March</span> 4-- <span word="China">China</span> <span word="will">will</span> <span word="further">further</span> <span word="strengthen">strengthen</span> <span word="local">local</span> <span word="finances">finances</span> <span word="to">to</span> <span word="secure">secure</span> <span word="people">people</span>'<span word="s">s</span> <span word="basic">basic</span> <span word="livelihood">livelihood</span> <span word="and">and</span> <span word="payments">payments</span> <span word="at">at</span> <span word="the">the</span> <span word="primary">primary</span> <span word="level">level</span>, <span word="among">among</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="effectively">effectively</span> <span word="contain">contain</span> <span word="the">the</span> <span word="epidemic">epidemic</span>, <span word="the">the</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Finance">Finance</span> (<span word="MOF">MOF</span>) <span word="said">said</span> <span word="Wednesday">Wednesday</span>.</p><p><span word="The">The</span> <span word="ratio">ratio</span> <span word="of">of</span> <span word="funds">funds</span> <span word="retained">retained</span> <span word="by">by</span> <span word="local">local</span> <span word="authorities">authorities</span>, <span word="after">after</span> <span word="deducting">deducting</span> <span word="the">the</span> <span word="tax">tax</span> <span word="revenue">revenue</span> <span word="handed">handed</span> <span word="to">to</span> <span word="the">the</span> <span word="central">central</span> <span word="government">government</span>, <span word="will">will</span> <span word="be">be</span> <span word="increased">increased</span> <span word="by">by</span> <span word="stages">stages</span>, <span word="the">the</span> <span word="MOF">MOF</span> <span word="said">said</span> <span word="in">in</span> <span word="a">a</span> <span word="circular">circular</span>.</p><p><span word="From">From</span> <span word="March">March</span> 1 <span word="to">to</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="June">June</span> <span word="this">this</span> <span word="year">year</span>, <span word="a">a</span> <span word="unified">unified</span> <span word="increase">increase</span> <span word="of">of</span> <span word="five">five</span> <span word="percentage">percentage</span> <span word="points">points</span> <span word="will">will</span> <span word="be">be</span> <span word="made">made</span> <span word="on">on</span> <span word="the">the</span> <span word="basis">basis</span> <span word="of">of</span> <span word="the">the</span> <span word="approved">approved</span> <span word="ratio">ratio</span> <span word="of">of</span> <span word="funds">funds</span> <span word="retained">retained</span> <span word="by">by</span> <span word="local">local</span> <span word="authorities">authorities</span> <span word="for">for</span> <span word="the">the</span> <span word="current">current</span> <span word="year">year</span>, <span word="the">the</span> <span word="circular">circular</span> <span word="said">said</span>.</p><p><span word="The">The</span> <span word="circular">circular</span> <span word="urged">urged</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="speed">speed</span> <span word="up">up</span> <span word="transferring">transferring</span> <span word="payments">payments</span> <span word="from">from</span> <span word="the">the</span> <span word="central">central</span> <span word="budget">budget</span> <span word="to">to</span> <span word="local">local</span> <span word="authorities">authorities</span>, <span word="to">to</span> <span word="enhance">enhance</span> <span word="their">their</span> <span word="capabilities">capabilities</span> <span word="of">of</span> <span word="securing">securing</span> <span word="basic">basic</span> <span word="livelihood">livelihood</span>.</p><p><span word="More">More</span> <span word="work">work</span> <span word="should">should</span> <span word="be">be</span> <span word="done">done</span> <span word="to">to</span> <span word="adjust">adjust</span> <span word="the">the</span> <span word="structure">structure</span> <span word="of">of</span> <span word="fiscal">fiscal</span> <span word="expenditure">expenditure</span>, <span word="said">said</span> <span word="the">the</span> <span word="circular">circular</span>.</p><p><span word="Local">Local</span> <span word="financial">financial</span> <span word="departments">departments</span> <span word="at">at</span> <span word="all">all</span> <span word="levels">levels</span> <span word="should">should</span> <span word="speed">speed</span> <span word="up">up</span> <span word="the">the</span> <span word="allocation">allocation</span> <span word="of">of</span> <span word="funds">funds</span> <span word="with">with</span> <span word="a">a</span> <span word="discounted">discounted</span> <span word="rate">rate</span>, <span word="to">to</span> <span word="ensure">ensure</span> <span word="financial">financial</span> <span word="supports">supports</span> <span word="for">for</span> <span word="key">key</span> <span word="firms">firms</span> <span word="related">related</span> <span word="to">to</span> <span word="epidemic">epidemic</span> <span word="prevention">prevention</span> <span word="and">and</span> <span word="control">control</span>, <span word="according">according</span> <span word="to">to</span> <span word="another">another</span> <span word="MOF">MOF</span> <span word="circular">circular</span> <span word="issued">issued</span> <span word="Wednesday">Wednesday</span>.</p>
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