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    Wake Up Sleeping Funds To Make Them More Valuable.

    2014/9/25 11:36:00 25

    CapitalUtilityValue

    The State Council executive meeting pointed out that we should vigorously promote the three "strengthening": first, we should strengthen budgetary constraints.

    Government revenue and expenditure must be included in budgetary management and can not be accounted for outside the book.

    The two is to strengthen the budget disclosure.

    Except for confidential information, all departments in the central and local governments that use financial funds should disclose their budget and final accounts.

    The three is to strengthen the management of treasury funds.

    Awaken the sleeping funds of "snoring" on the account, and improve the efficiency of the use of surplus funds.

    In addition, standardizing the management of tax collection and non tax revenue and regulating the local government debt are also important tasks to be promoted in the future.

      

    China

    Wang Dehua, director of the financial audit research office of the Institute of Finance and economics of the Academy of Social Sciences, pointed out that in recent years, the average annual growth rate of government deposits in the central bank's balance sheet is relatively fast, which is related to the current budget management system.

    For example, some science and technology funds can not keep pace with the implementation, or some of them have arranged pfer payment. However, when the subordinate management is strictly required, the funds can not be spent and delayed for several years.

    In addition, some projects will take several years to complete, but the budget may be arranged in a year, resulting in the retention of funds for the next few years.

      

    Actual

    On the basis of the audit report released in June this year, the audit department stated that the income of special purposes in all kinds of budgets could not be used in an integrated way, which is not conducive to the timely implementation of capital benefits.

    In addition, all levels of finance have some funds deposited, and the efficiency of capital utilization has not been fully realized.

    The audit results show that if the growth of science and technology funds should be higher than that of regular revenue growth, the central finance will carry forward the expenditure on science and technology that did not use specific items in accordance with the accrual basis. By the end of 2013, it had accumulated 38 billion 412 million yuan, and 21 billion 724 million yuan had been carried over for more than 5 years.

    Wang Zhaocai, deputy director of the Finance Research Institute of the Ministry of finance, suggested that we should speed up the budget implementation and find the project as soon as possible, so as to find out the items that we have accumulated for many years as soon as possible.

    In addition, the budgeting time should be shorter.

    More

    It is accurate to ensure that expenditures can be made after the approval of the budget.

    Beware of pitfalls for finding pie.

    From the previous capital projects to the hot topic of the special events, we saw the desire of the vast majority of entrepreneurs for money.

    As Joe Hsu, the founder of the red sorghum noodles, said, entrepreneurs need not only money, but also "help" to integrate their resources and cultivate their internal strength.

    Mr. Cui, an entrepreneur, said that he founded a network platform called "watch online travel network", hoping to provide a platform for communication, interaction and interaction for tourism practitioners so as to achieve seamless docking of tourism information.

    "This project is different from the traditional operation mode of tourism, but relies on e-commerce platform.

    My project has been in operation for 3 years, and this time is devoted to developing customer experience and making customers pick holes, so as to constantly upgrade and improve according to market demand and customer needs.

    He said, "first, not to mention prefecture level cities, there are about 10 million people in Zhengzhou alone. Assuming that 10% people go out to travel every year, that is 1 million people. I think this project is very promising."

    But now Mr. Cui faces the problem that so far, the company is still in the initial stage of its business, and all the money invested is its own money, after all, its funds are limited.

    If we can find investors and increase capital investment, the speed of promotion will certainly be accelerated.

    If you are also confused about finding funds, welcome to listen to what experts say this Friday afternoon.

    We invite professionals, investors and small and micro loan experts from banks to answer questions for you.

    A lot of entrepreneurs have experienced the dilemma of "killing a hero with money".

    It is precisely because of the widespread information asymmetry between funds and projects that some illegal companies have made loopholes.

    They seem to be giving the entrepreneurs a "timely help", but in fact, they are "taking advantage of trouble".

    Mr. Song, an entrepreneur who phoned to register, told a story of his experience to the business daily reporter.

    Because he is an enterprise legal person, his cell phone often receives some short messages such as "having funds to search for projects" and so on. "He says he is an international investment consultant company, and he is looking for projects that are short of money to invest."

    At the beginning of the year, Mr. Song was a little nervous and tried to dial the contact telephone number in the text message. "The other party is so enthusiastic that if I provide three business cards: business license, tax registration certificate and institution code certificate, after passing their examination, the project will immediately inject capital into us through two ways of equity and debt."

    Mr. Song left a heart and asked, "will you charge before the injection?" the other party repeatedly claimed that this is only a small number for Mr. Song: before investing, the company will send an expert group to investigate, and Mr. Song will need to pay their return ticket, accommodation and meals.

    "In addition, it is also necessary to make project plans and other materials in a designated organization, and it needs about 30 thousand yuan.

    I asked them how much money they needed to pay in advance.

    Mr. Song suspected that he had not kept up with the other party.

    Although Mr. Song promptly gave up this kind of financing and avoided being deceived, it is understood that once the entrepreneur is hooked, the loss may not be only tens of thousands of Yuan inspection fee and material cost.

    One industry insider said that if these costs were ahead, the entrepreneurs were willing to take on them, and the cheaters might be able to make a "hard job" again: asking entrepreneurs to pay the investment margin in advance. If the proposed investment amount is 1 million yuan, entrepreneurs should pay at least 100 thousand yuan or more.

    And the so-called "capital injection" will never be realized.

     

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