Beijing's financial future is in good hands, thanks to dedicated deputies like Li Hengdi. Recently invited to a crucial budget meeting convened by the city's financial bureau, Deputy Li is playing a pivotal role in ensuring that public funds are used wisely and transparently. 💡
Gone are the days of post hoc performance evaluations. Since 2011, Beijing has embraced pre-performance evaluation for all new projects with budgets exceeding 8 million yuan (about $1.1 million). But how does this process work, and what part do People's Congress deputies like Li Hengdi play?
In simple terms, before any major project gets the green light, it's thoroughly evaluated for its potential impact and efficiency. This proactive approach helps prevent unnecessary spending and promotes projects that genuinely benefit the community. 📈
Deputies like Li Hengdi are essential in this process. They scrutinize budget proposals, ask critical questions, and ensure that every yuan is accounted for. Their active involvement guarantees that public finances are managed responsibly, aligning with the principles of whole-process people's democracy. 🌟
For a deeper dive into how this system works and the crucial role of People's Congress deputies, check out the documentary \"From Village Hall to Great Hall – How Whole-process People's Democracy Works.\" It's an eye-opener on the mechanisms that keep Beijing's finances transparent and accountable.
Stay informed and see how democracy in action safeguards our public resources! 🏛️✨
Reference(s):
cgtn.com