Full text: Report on China's central, local budgets

II. Draft Central and Local Budgets for 2013

1. General Requirements for Public Finance Work and Budget Compilation

In the course of public finance work and compiling budgets in 2013, we need to comprehensively implement the guiding principles of the Eighteenth National Congress of the Party; follow the guidance of Deng Xiaoping Theory, the important thought of Three Represents, and the Scientific Outlook on Development; take developing scientifically as the underlying guideline and accelerating a change in China's growth model as the major task; and adhere to the general principle of making progress while maintaining stability in all aspects of our work. We also need to continue following a proactive fiscal policy, deepen reform of the fiscal and tax systems, press ahead with adjusting the distribution of national income, adhere to a holistic approach, further improve the structure of government spending, maintain and improve quality of life, economize in every area, strictly limit regular expenditure, manage public finances more scientifically and strictly in accordance with the law, use government funds more efficiently, and promote steady and sound economic development and social harmony and stability.