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China launches trial rules to improve government fund use, focusing on national priorities, innovation, and transparency.
China's National Development and Reform Commission has issued trial regulations to improve government investment fund management, focusing on aligning fund allocations with national strategies, industrial upgrading, and innovation.
The rules emphasize performance metrics in areas like technological innovation, research commercialization, and public well-being, while promoting coordination between national and local funds to address market gaps.
Final evaluation results will be shared publicly through a registration system to enhance transparency.
The move aims to boost fiscal efficiency and support long-term economic development.
China lanza reglas de prueba para mejorar el uso de los fondos gubernamentales, centrándose en las prioridades nacionales, la innovación y la transparencia.