The Ministry of Finance’s Hebei Regulatory Bureau has advanced key performance evaluation by reinforcing preliminary arrangements, deepening on-site verification, and strengthening the use of evaluation results.
The bureau formulated plans early, tailoring evaluation criteria to the Ministry’s indicator framework and local conditions in Hebei. It established a coordination mechanism with the Hebei Provincial Department of Finance and relevant provincial departments, using forums and questionnaires to assess policy implementation, while organizing centralized training to unify evaluation standards.
On-site, working groups communicated with city- and county-level financial and operational agencies about fund allocation and supervision challenges, and visited project sites to collect firsthand information on approval processes, fund flows, and construction progress. Verification centered on four index categories—decision-making, process, output, and benefits—with dedicated personnel examining disbursement compliance and vouchers, physically measuring outputs, and using questionnaires, interviews, and cost analysis to assess actual effects on investment, employment, and public welfare. A three-pronged mechanism combining data comparison, field checks, and extended investigation cross-referenced fiscal data with industry data and physical assets, tracing back to related entities when necessary to ensure objective conclusions.
After evaluations, the bureau compiled lists of issues, responsibilities, and corrective actions, tracked resolutions through a ledger system with spot-checks, and conducted targeted research to propose policy improvements. Evaluation results were linked to future budget allocations and policy adjustments, reinforcing the principle of accountability for ineffective spending.