Search: Look for:   Last 1 Month   Last 6 Months   All time
Home :: World

Top Chinese auditor cautions against fiscal and financial risks

Beijing, Sun, 29 Jan 2012 ANI

Beijing, Jan 29(ANI): The National Audit Office (NAO) of China has cautioned against possible risks in the fiscal and financial sectors this year.


The NAO also warned of potential risks concerning resources and the environment, social stability, outbound investment and an information-based society, the Xinhua reported.


"China is still facing strategic opportunities in economic development, but is not yet balanced, coordinated and sustainable, and there are still uncertainties in global economic recovery," NAO said.


The auditor did not elaborate on details of the potential risks but told the country's local auditors to pay close notice to these risks and augment efforts to expose other stern challenges and perils in social and economic development.


"In the past year, China's local auditors focused on potential risks in public finance, investment, and state assets management, as well as information security, food, environment and social stability, which have helped the government improve preventative measures," it added. (ANI)


Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image




Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.