With a view to accelerating and enhancing the work of final settlement of capital construction investment capital, the Prime Minister instructs:

The ministries, branches, localities and investors� superiors shall have to concentrate their efforts on settling the following issues:

- Consolidating and reorganizing the operation of bodies which carry out the verification of final settlement of capital construction investment capital;

- Organizing and directing the strict administration of the final settlement of investment capital in according to procedures and characteristics of each project, so as to ensure that the final settlement of all projects which have been completed and put into exploitation and use, must be made strictly according to the regulations.

- Closely and regularly supervise and inspect the investors, investment and construction-consulting organizations and contractors in observing the regulations on final settlement of investment capital strictly according to the management scope; and at the same time, working out measures to prevent, detect and strictly handle collectives and individuals that violate the regulations.

The investors shall have to manage the projects; urge the projects� management boards and make the final settlement of investment capital and report such in strict accordance with current regulations of the State, and at the same time, to coordinate with responsible bodies in verifying the final settlement of investment capital upon the project completion strictly according to the set schedule.

In order to remove the existing problems and troubles in the final settlement of investment capital, the ministries, branches and localities shall promptly report such to the Ministry of Finance before August 31, 2001 on the results thereof for the latter to make a sum-up reports and propose handling measures to submission for the Prime Minister for consideration and settlement before September 30, 2001.

The Ministry of Finance shall assume the prime responsibility and coordinate with the Ministry of Planning and Investment and the Ministry of Construction in revising the system of current regulations on financial management in investment, from the stage of advance payment to the stage of final settlement of investment capital, so as to immediately annul contents and provisions which are no longer compatible or are causing obstacles to the work of final settlement, and add necessary provisions to suit development characteristics and conditions, as well as requirements of each domain, branch and level, thus accelerating the tempo of investment capital disbursement and settlement. To assign the Ministry of Finance to guide, supervise and inspect the ministries, branches and localities in observing the regulations on investment capital final settlement.- (Summary)