Time: 10:00, September 27, 2020
Venue: Press Center, 3F, Building 2, Wuxi Civic Center
Spokesman: Guo Ping, Deputy Director of the Wuxi Municipal People’s Government Office
Bai Lian, Director of the Government Investment Evaluation Management Office of the Wuxi Municipal Bureau of Finance, Zhou Shan, Deputy Director of the Wuxi Municipal Bureau of Ecological Environment, Chen Xiufeng, Deputy Director of the Wuxi Municipal Bureau of Commerce, and Zhang Ningye, Deputy Director of the Wuxi Municipal Bureau of Emergency Management
Press Release of the Regulations on Management of Municipal-level Government Investment Project Review in Wuxi
Wuxi Municipal Bureau of Finance
Hello! Friends from the media,
Please allow me to introduce the Regulations on Management of Municipal-level Government Investment Project Review in Wuxi recently issued by the Wuxi Municipal People’s Government.
I.Revision Background of the Regulations
Under the macro background of the integrated development of the Yangtze River Delta, Wuxi has steadily promoted the construction of "Beautiful Wuxi", continuously strengthened the city's precision management, improved urban infrastructure and improved the quality of urban functions. The Wuxi Municipal Bureau of Finance has resolutely implemented the major decisions and arrangements of the CPC Wuxi Municipal Committee and the Wuxi Municipal People’s Government, adhered to evaluation and review, innovated the review mechanism and scientifically and reasonably controlled the capital construction investment cost through management of municipal-level government investment project review. As a result, Wuxi has continuously improved the performance of the use of financial funds and promoted the scientific level of investment decision-making in Wuxi and the high-quality development of urban construction.
Previously, the review of municipal-level government investment projects was mainly implemented in accordance with the Interim Measures on Management of Government Investment Review in Wuxi (Xi Zheng Fa  No. 5). The main reasons for the revision are as follows: firstly, the Interim Regulations on Management of Financial Investment Review (Cai Jian  No. 591), the basis of the previous Interim Measures, has been invalid; secondly, relevant clauses involved in the previous Interim Measures such as department responsibilities and responsibility investigation have been out of compliance of current review work; thirdly, in recent years, the central, provincial and municipal governments have intensively issued relevant system documents to put forward new requirements on government investment project management and review management. In 2019, the State Council issued the Government Investment Regulations. At the municipal level, the Regulations on Management of Government Investment in Wuxi, the Regulations on Management of Rough Calculation of Municipal-level Government Investment Projects in Wuxi and the Regulations on Management of Fund of Municipal-level Government Investment Projects in Wuxi were also issued in succession in 2019.