on the Draft Central and Local Budgets for 2010, whi▓ch was submitted for review on March 5, 2010 at the Third Session of the Eleventh
National People's Congress and was adopted on March 14: Fellow Deputies, The Ministry of Finance has been entrusted by the State Council
▓to submit this report on the implementation of the cent▓ral and local budgets for 20
09 and the draft centr▓al and local budgets for 2010 for your deliberation and approval, and for the members of the National Committee of the Chinese Peo
ple's Political Consultative Con▓ference (CPPCC) to provide their comments and sugges▓tions. I. Impl
ementation of the Central and Local Budgets for 2009 The year 2009 was the most difficult year for o▓ur cou
ntry's economic development since the beginni▓ng of the new century. Under the firm leadership of the Commu
nist Party of China (CPC), the people of all our e▓thnic groups took Deng Xiaoping Theory and the important t
▓hought of Three Represents as their guide, thoroughly appl▓ied the Scientific Outlook on Development, compreh▓ensively carried out the central l
eadership's strategi▓c arrangements, conscientiously implemented the pertinent resolution of the Second Session of the Eleventh Natio▓nal People's Congr
ess (NPC), implemented a proactive fisc▓al policy and a moderately easy monetary policy, comp▓rehensively implemented and constantly enriched and impr
