National Audit Office : Chinatopix

Home > National Audit Office

National Audit Office

China Recovered Billions of Stolen Public Funds in 2015

Dec 31, 2015 09:28 AM EST

The Chinese government has recovered more than 380 billion yuan ($58.6 billion) of stolen public money in just the first 11 months of 2015. The effort is aligned with the government's initiative to wipe out corruption in public spending.

China's Local Officials Fake Economic Growth Rate

Auditors Discover That Some Officials in Northeast China Fake Economic Growth Rate

Desiree Sison |

Dec 15, 2015 05:10 AM EST

China's auditors have uncovered several local officials' modus operandi of faking economic figures to show high growth rate when the real numbers were much lower, according to Xinhua.

China Auditing Office Uncovers $1.1B Misappropriation in Power Grid Project

Bianca Ortega |

Jun 17, 2014 02:10 AM EDT

China’s National Audit Office (NAO) uncovered a $1.1 billion (CNY6.7 billion) fund misappropriation in a major trans-regional power grip project in the country.