Measures for the Administration of the Tianjin Municipal Special Fund for the Service Industry
2023-08-23 00:00

Chapter 1: General Provisions

Article 1 To standardize and strengthen the management of the city’s special funds for the service industry, improve the efficiency of fund utilization, and promote the sustained and healthy development of the service industry, these Measures are formulated in accordance with the relevant provisions of the “Budget Law of the People’s Republic of China,” the “Regulations on the Implementation of the Budget Law of the People’s Republic of China,” and other relevant regulations, taking into account the actual conditions of our city.

Article 2. The term “Special Fund for the Service Industry” (hereinafter referred to as the “Special Fund”) as used in these Measures refers to funds allocated from the municipal fiscal budget and earmarked specifically for promoting the development of the service industry in our city.

Article 3: The management and use of the Special Funds shall adhere to the principles of scientific standardization, fairness and impartiality, focus on key priorities, and emphasis on performance. Specific support policies shall be determined in close alignment with the decision-making and deployment regarding the development of the service industry at both the national and municipal levels.

Article 4 The Special Fund shall be managed and supervised by the Municipal Finance Bureau and the Municipal Development and Reform Commission in accordance with their respective responsibilities:

(1) The Municipal Finance Bureau, in conjunction with the Municipal Development and Reform Commission, shall formulate the management measures for the Special Fund. The Municipal Finance Bureau shall organize budget preparation, review and approve the Special Fund budget and performance targets submitted by the Municipal Development and Reform Commission; handle fund disbursements; organize performance monitoring of projects; and conduct performance evaluations of key projects as appropriate.

(2) The Municipal Development and Reform Commission, in conjunction with the Municipal Finance Bureau, shall formulate the annual application guidelines for the special fund. The Municipal Development and Reform Commission shall be responsible for managing the project database; declaring performance targets for the special fund; preparing the departmental budget and transfer payment budget for the special fund; and breaking down and issuing the transfer payment task list; it shall also track and supervise the execution of the special fund budget and conduct performance management; carry out performance evaluations and information disclosure regarding the special fund; and organize project acceptance inspections.

Chapter II: Scope of Support and Allocation Methods

Article 5 The Special Fund is used to promote the high-quality development of the city’s service sector, build a new system of high-quality and efficient services, and support the city’s development strategy of establishing itself as a manufacturing hub. It primarily supports service enterprises and projects that demonstrate rapid growth in scale and profitability, make significant contributions to the development of the service sector, and play a prominent supporting role; it also supports the tiered cultivation of enterprises in key service sectors, as well as other key initiatives deployed by the state and the city to promote the development of the service sector.

Article 6: The Special Fund shall be allocated using the project-based method, the factor-based method, or a combination of both.

Article 7: For inclusive policy support items applicable citywide, the project-based method shall be used. The Municipal Development and Reform Commission, in conjunction with the Municipal Finance Bureau, shall determine the annual priorities for special fund support and clarify the requirements for project applications based on national and municipal policies, development plans, and relevant work requirements for promoting the development of the service sector.

Article 8: For initiatives aimed at guiding districts in advancing the development of the service industry, allocation shall be based on the factor-based method. The Municipal Development and Reform Commission, in conjunction with the Municipal Finance Bureau, shall determine the annual support policies and funding allocation factors. These factors shall comprehensively consider the level of service industry development in each district, with priority support given to enterprises demonstrating strong growth potential and significant development prospects.The Municipal Development and Reform Commission shall formulate the funding plan in accordance with the annual support policies and funding allocation factors. The competent departments for the service industry and the finance departments in each district shall formulate the priorities for special fund support based on local conditions. The district competent departments for the service industry shall organize project applications, evaluations, and acceptance inspections, while the district finance departments shall disburse funds in a timely manner.

Article 9: The special funds shall primarily be allocated through support mechanisms such as project grants and incentive-based subsidies.

Chapter III Project Application

Article 10 Any project entity that meets the annual special fund project application requirements may submit an application and submit the required project application materials.

Article 11 The Municipal Development and Reform Commission shall, in accordance with the annual requirements for the application of the Special Fund for the Service Industry, organize the various districts or project entities to carry out project application and evaluation work, and shall formulate project and funding plans based on the evaluation results.

Article 12: In principle, a single project may apply for only one municipal special fund; the same project shall not be submitted for funding multiple times or through multiple channels.

In accordance with relevant national regulations, for projects where central government funding requires corresponding local funding, the special fund shall allocate a certain proportion of subsidy funds.

Chapter IV: Allocation and Management of Special Funds

Article 13: Based on the funding plan issued by the Municipal Development and Reform Commission, the Municipal Finance Bureau shall allocate special funds included in the budget for intergovernmental transfers to districts to the relevant district finance departments in accordance with regulations, and the district finance departments shall disburse the funds in a timely manner; for special funds included in the departmental budget of the Municipal Development and Reform Commission, disbursement shall be made through the centralized treasury payment system in accordance with regulations.

Article 14: Upon receipt of funds, project entities receiving special fund support shall manage and use the funds in accordance with relevant national financial regulations, conduct accounting in accordance with the national unified accounting system, cooperate with the competent authorities to report statistical data, and voluntarily accept supervision and inspection by the finance, audit, and relevant competent authorities.

Article 15: Upon completion of a project requiring acceptance inspection, the project unit shall submit an application for acceptance. The Municipal Development and Reform Commission shall promptly organize the acceptance inspection and submit the acceptance report to the Municipal Finance Bureau.For projects that are not completed on schedule or fail to achieve their expected objectives, the project approval shall be revoked and the funds recovered in accordance with regulations. For special funds included in the district transfer payment budget, after the district competent authority for the relevant sector, in conjunction with the district finance department, submits an application for revocation of the project approval, the Municipal Development and Reform Commission shall promptly issue a notice of project cancellation. The district competent authority for the relevant sector, in conjunction with the district finance department, shall recover the special funds and remit them to the Municipal Finance Bureau for centralized use;For special funds included in the departmental budget of the Municipal Development and Reform Commission, the Commission shall promptly issue a notice of project cancellation, organize the recovery of the special funds, and remit them to the Municipal Finance Bureau for centralized use.

Chapter V: Performance Evaluation and Supervision and Management

Article 16 Special funds shall be subject to full-process budget performance management. The Municipal Development and Reform Commission shall, in accordance with the municipal regulations on budget performance management, conduct ex-ante performance assessments and budget reviews, formulate performance targets, monitor performance implementation, organize performance evaluations, and strengthen the application of evaluation results and information disclosure.

Article 17: The Municipal Development and Reform Commission and the Municipal Finance Bureau may, based on the needs of project management and special fund administration, entrust third-party institutions to conduct project reviews, assessments, and evaluations through means such as government procurement of services; the necessary funds may be charged to the special funds.

Article 18: The competent service sector authorities at the municipal and district levels shall improve credit-based regulatory mechanisms. They shall establish mechanisms for credit commitments and credit verification in project applications; credit commitment letters shall be published on the Credit Tianjin website, and enterprises listed on the list of seriously dishonest entities shall not be eligible to apply for special funds. They shall strengthen performance management of special fund recipients, incorporate credit commitments and fulfillment of such commitments into credit records, and include them in the comprehensive public credit evaluation of enterprises; relevant evaluation results shall be made available for reference by government departments, financial institutions, and industry associations.The competent authorities for the service industry in each district shall strengthen project follow-up services and daily management, while the district finance departments shall strengthen the management of fund disbursements. Any issues arising during project implementation shall be promptly reported to the Municipal Development and Reform Commission and the Municipal Finance Bureau.

Chapter VI Supplementary Provisions

Article 19 These Measures shall come into effect on the date of issuance and remain valid for five years.

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