Management of China’s Internet of Things

Caiqi [2011] No. 64

The finance departments (bureaus) and industry and information technology departments of all provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning, the Finance Bureau of Xinjiang Production and Construction Corps, Competent departments of industry and information technology, relevant centrally managed enterprises:

In order to promote the healthy development of my country's Internet of Things and standardize the management of special funds for the development of the Internet of Things, in accordance with the "People's Republic of China Budget Law" and other laws According to regulations, we have formulated the "Interim Measures for the Management of Special Funds for the Development of the Internet of Things". It is hereby issued and please comply with it. If there are any problems during implementation, please report them to us in time.

Attachment: Interim Measures for the Management of Special Funds for the Development of the Internet of Things

Ministry of Finance

General Provisions of April 6, 2011

Article 1 In order to promote the healthy development of the Internet of Things in my country, give full play to the guiding and supporting role of financial funds, and standardize the management of special funds for the development of the Internet of Things (hereinafter referred to as special funds), these measures are formulated in accordance with the financial budget management regulations.

Article 2 Special funds are special funds arranged by the central fiscal budget to support the research and development, application and services of the Internet of Things.

Article 3 The use of special funds should highlight the support for independent innovation of enterprises, reflect the technological innovation strategy with enterprises as the main body, market as the guide, and the integration of industry, academia, research and application, and comply with national macroeconomic policies, industrial policies and Regional development policies adhere to the principles of openness, justice and fairness to ensure the standard, safe and efficient use of special funds. Special funds encourage and support enterprises to carry out Internet of Things R&D and application activities in the form of industry alliance organizations.

Article 4 Special funds shall be jointly managed by the Ministry of Finance and the Ministry of Industry and Information Technology, each of which shall perform its own duties and responsibilities.

The Ministry of Finance is responsible for the budget management of special funds, project fund allocation and fund disbursement, and supervises and inspects the use of special funds.

The Ministry of Industry and Information Technology is responsible for determining the annual support direction and focus of special funds, organizing project reviews together with the Ministry of Finance, determining project support plans, and supervising and inspecting project implementation. Scope and methods of support

Article 5 The scope of support from special funds includes projects in the technology research and development and industrialization of the Internet of Things, standard research and formulation, application demonstration and promotion, and public service platforms.

Article 6 Project application units shall meet the following qualifications:

(1) An independent legal person registered within the territory of the People’s Republic of China;

(2) The financial management system is sound, and the accounting credit and tax credit are good;

(3) The financial status is good and the financial investment ability to undertake the project;

(4) Professional and technical personnel No less than 15 people, including no less than 5 with senior professional titles;

(5) Possess corresponding patents, software copyrights or scientific and technological achievements recognized at the provincial or ministerial level or above and other research and development achievements, and have corresponding market Application basics.

Article 7 The project applicant shall provide the following information at the same time:

(1) Copy of legal person license and articles of association (copy with official seal of the unit);

(2) Project feasibility study report;

(3) Accounting statements and audit report for the previous year audited by an accounting firm (copies with official seal of the unit);

(4) Corresponding certification materials such as patents, software copyrights, or scientific and technological achievements recognized at the provincial or ministerial level or above, as well as certification materials for market applications that have been carried out (photocopies with the official seal of the unit);

(5) Other information to be provided.

Article 8 Special fund support shall be provided in the form of free funding or loan interest discounts. In principle, projects applying for special funds only use one support method.

The free funding method mainly supports projects with self-owned funds as the main investment, and the loan discount method mainly supports projects with bank loans as the main investment. In principle, technology research and development, standard research and formulation, and public service platform projects are mainly supported by free funding; industrialization, application demonstration and promotion projects are mainly funded by loan interest discounts.

Article 9 The amount of free funding or loan interest discount ratio shall be determined by the Ministry of Finance in accordance with the annual budget arrangement of special funds and the annual project guide.

Article 10: Projects that have received financial support through other channels will no longer be supported by special funds.

Application and review of special funds

Article 11 Special funds adopt project management methods. The Ministry of Industry and Information Technology, together with the Ministry of Finance, organizes research and preparation of annual project guides based on national macroeconomic policies, industrial policies and industry development plans to clarify the annual support direction and focus of special funds.

Article 12 The provincial industry and information technology departments shall, together with the financial departments at the same level, organize the preliminary review of projects in the region in accordance with the annual project guidelines.

Article 13 The provincial finance department shall, together with the industry and information technology authorities at the same level, submit the reviewed and summarized project recommendation list and application materials to the Ministry of Finance and the Ministry of Industry and Information Technology based on the preliminary project review opinions. .

Article 14 Centrally managed enterprises shall declare directly to the Ministry of Finance and the Ministry of Industry and Information Technology, and enterprises affiliated to central departments (units) shall declare through the centralized management department.

Article 15 The Ministry of Industry and Information Technology, together with the Ministry of Finance, will establish an expert review mechanism to organize experts in technology, finance, market and other fields to review the submitted projects or entrust professional consulting agencies to conduct assessments.

Article 16 The Ministry of Industry and Information Technology, together with the Ministry of Finance, will study and put forward annual project support opinions based on the evaluation opinions of experts or the evaluation opinions of professional consulting agencies.

Article 17 The Ministry of Finance shall determine project funds and support methods based on annual project support opinions, issue special fund budget indicators, and allocate funds in a timely manner in accordance with regulations.

Article 18 After receiving the special funds, the project undertaking unit shall handle them in accordance with the unified national financial accounting system. Supervision and Inspection

Article 19 Financial departments at all levels and industry and information technology departments at the same level should strengthen supervision and inspection of the use of special funds and project implementation, and monitor the use of special funds and project implementation progress. The situation requires regular or irregular inspections.

Article 20 The central-level project undertaking unit shall report the project completion status and the use of special funds to the Ministry of Finance and the Ministry of Industry and Information Technology within 3 months after the completion of the project; local-level project undertaking units shall The project completion status and the use of special funds should be reported to the provincial finance department and the industry and information technology department within 3 months after the completion of the project; the provincial finance department, together with the industry and information technology department at the same level, shall report to the provincial finance department and the industry and information technology department within 6 months after the completion of the project. A summary report on the completion of the project and the use of special funds will be submitted to the Ministry of Finance and the Ministry of Industry and Information Technology within three months.

Article 21: For units that engage in fraud to obtain special funds and do not use special funds for specified purposes, the Ministry of Finance shall, in accordance with the "Regulations on Punishments for Fiscal Illegal Acts" (State Council Order [2005] No. 427), Relevant regulations impose penalties and cancel the declaration qualification within three years. If the project is suspended for any reason (except for force majeure), the Ministry of Finance will take back all or part of the special funds. Supplementary Provisions

Article 22 Provincial financial departments and industry and information technology departments may formulate specific implementation measures based on local actual conditions and with reference to these measures.

Article 23 The Ministry of Finance and the Ministry of Industry and Information Technology are responsible for the interpretation of these Measures.

Article 24 These Measures shall come into effect on the date of promulgation.

General Office of the Ministry of Industry and Information Technology, General Office of the Ministry of Finance