Page 12 - REPORT ON THE WORK OF THE STANDING COMMITTEE OF THE NATIONAL PEOPLE’S CONGRESS

and deliberated the first-ever special report on state-owned natural resource
asset management; and we encouraged the State Council to establish a rough
inventory of 11 major categories of such assets that belong to the whole
people. We now exercise oversight over the management of all four classes of

state-owned assets: assets held by non-financial enterprises, assets held by
financial enterprises, assets held by government offices and public institutions,
and natural resource assets. Our oversight has had the effect of preventing
damage to state-owned natural resources and losses of state-owned assets.

For the first time, the audit office of the State Council submitted a special
report to the Standing Committee on an audit of state-owned assets. We
revised our decisions to strengthen examination and oversight of central
budgets and to strengthen oversight over economic work in an effort to

establish long-term mechanisms.

In order to effectively guard against and mitigate local government debt
risks, we pushed for the issuance and implementation of Party Central
Committee guidelines for strengthening the examination and oversight of
government debt by local people’s congresses.

We intensified oversight of the implementation of the law.

In compliance with our statutory duties, acting within our statutory scope

of authority, and following statutory procedures, we conducted inspections
into the implementation of laws on an article-by-article basis.

We inspected the implementation of six laws: the Enterprise Bankruptcy
Law, the Traditional Chinese Medicine Law, the Animal Husbandry Law, the
Law on the Prevention and Control of Environmental Pollution by Solid
Wastes, the Notarization Law, and the Fire Prevention and Control Law. A
total of 23 inspection teams led by members of the Council of Chairpersons
were sent to provinces, autonomous regions, and municipalities directly

under the central government across the country, with attendance of
members of the Standing Committee and various special committees reaching
133 and attendance of NPC deputies reaching 66. These inspections resulted
in six reports, which have been heard and deliberated by the Standing
Committee.

When inspecting the implementation of the Law on the Prevention and
Control of Environmental Pollution by Solid Wastes, we organized the

first-ever research project for NPC deputies, with participation by 240
deputies from 13 provinces, autonomous regions, and municipalities directly
under the central government. We conducted a special inquiry based on joint
group deliberations of the inspection report so as to ensure an accurate
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