According to the Department of Finance of Guangxi Zhuang Autonomous Region recently, it has commended and rewarded 4 cities and 15 counties (cities) which have made outstanding performance in fiscal management in 2020, with a notice circulated around Guangxi. Nanning and Binyang County of Nanning were listed and given one-off rewards of 100 million yuan and 20 million yuan respectively.
It is understood that the rewards will be used by the above cities and counties in controlling COVID-19, ensuring public well being, salaries and normal operations, and developing key supported industries. It is not available for individual reward. In addition, Guangxi’s finance will give the above cities and counties more support in new government debt limit, and give priority to recommend the above cities and counties to participate in the selection of the State Council supervisory and incentive list or the list of advanced models. For cities and counties listed in the State Council supervisory and incentive list, Guangxi’s finance will give extra rewards based on the conditions of rewards given by the central government and the financial resources of Guangxi.