The Finance Office is generally an office under the jurisdiction of the local government. It is generally at the same level as the local government departments, namely: the Provincial Government Finance Office - the department level, the Municipal Government Finance Office - the division level, and the county Government Finance Office - at the department level, township people's governments do not have financial offices. The financial office is under the leadership of the party committee and government at the same level, and is guided by the financial office of the superior government.

Financial Office, the abbreviation of local government financial services (work) office. The Finance Office is the financial steward who plans local economic development, the organizer of local financial ecological construction, the controller of the financial industry layout, and the firewall of local financial monitoring.

Extended information:

The Financial Office should become an important implementer of monetary policy. From a practical point of view, without the close cooperation of local governments, the transmission and implementation of monetary policy at the grassroots level will encounter many difficulties. An effective local financial management agency can help local governments understand and grasp the intentions of monetary policy in a timely manner, and help implement the central government's macro-control in a timely and accurate manner.

After the establishment of the Shanxi Financial Office, it actively cooperated with the People's Bank of China and jointly assumed the responsibility of publicizing, implementing and executing monetary policy, and amplified the publicity of monetary policy.

The Financial Office is an office responsible for financial supervision, coordination, and services on behalf of the local government. Its main responsibilities are:

1. Implement the party and state’s relevant policies on banking, securities, and futures , insurance, trust and other financial work policies, laws and regulations, as well as local party committees and government policies and various decisions and resolutions on local financial work, supervise, inspect and implement the important work arrangements of the party committee and government on financial work.

Guide, encourage and support the reform, innovation and business expansion of various financial institutions, and increase support for the development of local economies and various undertakings.

2. Research and analyze the macro-financial situation, national financial policies and local financial operations, and formulate short- and medium-term plans and work plans for the development of local finance and financial industries.

Propose opinions and suggestions on improving the financial development and safety environment, strengthen services to the financial industry, securities industry, and insurance industry, and promote coordinated development and stability of the local economy.

3. Actively assist higher-level governments and regulatory agencies in the management or supervision of local financial institutions. Coordinate, support and cooperate with superior regulatory agencies in the supervision of banks, securities, futures, insurance, trust and other financial institutions and industry self-regulatory organizations.

Responsible for the construction of the credit system in the region, organizing and coordinating relevant departments to establish and improve the credit system and regulatory system, supervising credit intermediaries; supervising and managing small and medium-sized enterprise loan guarantee funds and small and medium-sized enterprise loan guarantee institutions, and guiding local small and medium-sized enterprises Corporate loan guarantee work.

Conscientiously do a good job in cooperation, coordination and information exchange, and assist in coordinating and solving problems that should be solved by local governments in the development of the financial industry, securities industry, and insurance industry.

Reference materials: Baidu Encyclopedia-Financial Office