A senior Chinese anti-corruption official yesterday urged strict
monitoring over the use of economic stimulus funds to reduce concerns over waste
and misuse.
He Yong, deputy secretary of the Communist Party of China Central Commission
for Discipline Inspection, called for more efforts to ensure the 100 billion
yuan (US$14.5 billion)the central government earmarked for the fourth quarter
was properly used.
On Nov. 9, China unveiled a 4-trillion-yuan stimulus package to spur economic
growth.
The official told a meeting here that audit authorities should track the use
of funds to detect loss and waste. He also vowed crackdowns on embezzlement,
waste and dereliction of duty.