State-owned Assets Supervision and Administration Commission of the State Council have promulgated and implemented "Interim Measures for Financial Budget Management of Central Enterprises", so as to adapt to the new competition and development environment, strengthen and promote internal control of central enterprises as well as deepen financial budget management. This is an important move to speed up the reform of central enterprises, implement internal control effectively and reinforce financial budget management, which require an enterprise to establish financial budget management system, organize the preparation, implementation, supervision and examination of internal financial budgets, improve the working systems for financial budgets and promote the implementation of comprehensive budget management. This is a new breakthrough in some aspects of budget management such as theoretical connotation, organizational systems, mode & method and time-limit supervision.
