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Chinese scholar says lack of fiscal transparency to blame for rampant corruption

Source: Xinhua | 03-10-2009 08:03

Special Report:   2009 NPC & CPPCC Sessions

BEIJING, March 9 (Xinhua) -- The lack of essential fiscal information available to the public is posing a serous threat to China's bid for a harmonious society and is to blame for the widespread corruption, a Chinese scholar of public policy said here Monday.

Jiang Hong, member of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC), speaks at the fourth plenary meeting of the Second Session of the 11th National Committee of the CPPCC held at the Great Hall of the People in Beijing, capital of China, March 9, 2009. (Xinhua/Yao Dawei)
Jiang Hong, member of the 11th National Committee 
of the Chinese People's Political Consultative 
Conference (CPPCC), speaks at the fourth plenary 
meeting of the Second Session of the 11th National 
Committee of the CPPCC held at the Great Hall of 
the People in Beijing, capital of China, March 9, 
2009. (Xinhua/Yao Dawei)

"The transparency level of our fiscal system is very low, even by the lowest standard," said Jiang Hong, a researcher from the Shanghai University of Finance and Economics, told the ongoing annual session of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), a top political advisory body.