"Okay."
This kind of thing doesn't require a reminder from Song Guanchao.
The two most important departments in the Finance Bureau are the Budget Division and the Treasury Division.
The Budget Division controls expenditures, and the Treasury Division handles revenue.
The former is overseen by Deputy Director Ren Bin, and the latter by Deputy Director Xu Jia.
Having just taken office, he needs to understand the specifics of revenue and expenditure.
After all, from now on, any approval and disbursement involving funds from the Finance Bureau that are signed by him—if any issues arise—they will ultimately fall under his responsibility as the director.
In today's meeting, he emphasized that any future financial approvals and disbursements must undergo collective decision-making.
When Bao Jianhua was still in office, this part of the authority was delegated to Ren Bin.
