The Hubei Provincial Department of Finance implements the principles, policies and decision-making arrangements of the CPC Central Committee on financial and economic work, implements the work requirements of the provincial party committee, and adheres to and strengthens the centralized and unified leadership of the Party over financial work in the process of performing its duties.
Main responsibilities: (1) To formulate the province's fiscal and taxation development strategy, planning, policies and reform programs and organize their implementation. Analyze the economic situation of the whole province, participate in the formulation of economic policies, and put forward suggestions on using fiscal and taxation policies to implement macro-control and comprehensively balance social financial resources. Formulate distribution policies between provinces and cities, counties, governments and enterprises, improve fiscal and taxation policies, and encourage the development of public welfare undertakings.
(two) to draft local regulations, provincial government rules and regulations on finance, finance and accounting management and supervise their implementation.
(three) responsible for the management of provincial financial revenue and expenditure. Prepare the draft provincial annual budget and final accounts and organize their implementation. Organize the formulation of expenditure standards and quotas, and examine and approve the annual budgets and final accounts of provincial departments (units). Entrusted by the provincial government, report the financial budget, implementation and final accounts to the provincial people's Congress and its Standing Committee. Improve the provincial transfer payment system to cities and counties. Responsible for the provincial budget and final accounts.
(four) according to the authorization of laws and regulations, organize the drafting of tax policy adjustment programs, and put forward suggestions on the introduction of local taxes, the adjustment and reduction of tax items and tax rates. Carry out investigation and research on major tax policies.
(five) responsible for the management of government non tax revenue according to the division of labor. Responsible for the management of government funds and administrative fees according to regulations. Manage financial bills. Formulate lottery management policies and related measures, manage the lottery market, and manage lottery funds according to regulations.
(six) to organize the formulation of treasury management system and centralized treasury payment system, guide and supervise the provincial treasury business, and carry out treasury cash management according to regulations. Formulate measures for the preparation of government financial reports and organize their implementation.
(seven) the formulation and implementation of the provincial government's domestic debt management system and policy. Responsible for borrowing, issuing, using, managing and supervising the repayment of provincial government bonds, and guiding the debt management of city and county governments. Unified management of government foreign debt, responsible for organizing loans (grants) projects of foreign governments and international financial organizations.
(eight) take the lead in the preparation of state-owned assets management report. According to the authorization of the provincial government, centralized and unified performance of the responsibilities of provincial state-owned financial capital investors, responsible for the asset management of government investment funds funded by provincial finance. Responsible for the financial supervision of local financial institutions and local financing guarantee institutions in the province. Formulate rules and regulations on the management of state-owned assets in administrative institutions and organize their implementation. Formulate expenditure standards and policies that need to be uniformly stipulated by the whole province.
(nine) responsible for reviewing and summarizing the draft budget and final accounts of the state-owned capital operation in the province. Responsible for formulating the system and method of state-owned capital operating budget, and collecting the state-owned capital gains of provincial enterprises. Formulate and organize the implementation of enterprise financial system.
(ten) responsible for reviewing and summarizing the draft budget and final accounts of the province's social insurance fund. Formulate the financial management system of relevant funds (funds) in conjunction with relevant departments. Undertake the financial supervision of social insurance funds.
(eleven) responsible for handling and supervising the economic development expenditure of provincial finance and the financial allocation of provincial government investment projects, participating in the formulation of relevant policies for provincial infrastructure investment, and formulating the financial management system for infrastructure.
(twelve) around the provincial development strategy, serving the province's industrial development, responsible for formulating financial policies for industrial development, and managing industrial development funds (funds) according to relevant regulations.
(thirteen) responsible for the management of the province's accounting work, supervision and standardization of accounting behavior, the implementation of national accounting regulations, accounting standards and accounting system. Guide and supervise the business of certified public accountants, accounting firms and bookkeeping agencies, and guide and manage social audits. Manage the related work of asset appraisal according to law. Guide and promote the political construction of certified public accountants and asset appraisal industry in the province.
(fourteen) responsible for the formulation and implementation of policies and measures related to comprehensive rural reform in the province. Supervise the implementation of fiscal and tax laws, regulations and policies, and reflect major issues in fiscal revenue and expenditure management. Responsible for formulating the provincial government procurement system and supervising its implementation. Responsible for formulating and organizing the implementation of the province's bill management system. Responsible for formulating the management system and technical standards for the construction of financial informatization in the province, and guiding the construction of financial informatization in the province.
(fifteen) to complete other tasks assigned by the superior.
(16) functional transformation.
1. Improve the economic regulation and control system, innovate the regulation and control methods, build a policy coordination and work coordination mechanism for development planning, finance and finance, strengthen the ability of economic monitoring, forecasting and early warning, establish and improve the working mechanism for major issues research and policy reserve, and enhance the predictability, pertinence and coordination of macro-control.
2. Deepen the reform of the fiscal and taxation system. Accelerate the establishment of a modern financial system, promote the reform of the division of financial affairs and expenditure responsibilities, rationalize the income division of provinces, cities and counties, and establish a financial relationship between provinces, cities and counties with clear powers and responsibilities, coordinated financial resources and regional balance. Improve the transfer payment system, optimize the classification of transfer payments, standardize transfer payment projects, and enhance local overall planning capabilities. Gradually unify budget allocation, fully implement performance management, and establish a standardized, transparent, standard, scientific and binding budget system. Fully implement the list management of government funds and administrative fees, and improve the supervision system. Implement the responsibilities of investors in local financial enterprises and the management of state-owned assets.
3. Prevent and resolve local government debt risks. Standardize the debt financing mechanism, build a "closed-loop" management system, strictly control the debt risk within the statutory limit, focus on the prevention and control of hidden debt risks, and firmly hold the bottom line of no systemic risks.