China to tighten supervision on social security fund

时间：2007-02-25 01:25:00

（单词翻译:单击）

Feb.24 - China will tighten1 the control of social security fund this year to ward2 off misappropriation, according to the Ministry3 of Labor4 and Social Security.

 

Sources with the ministry said it will draft new regulations on the management of social security fund, individual accounts for employees of enterprises and investment activities of pension funds in 2007.

 

The ministry will also make public regular reports on the collection and utilization5 of the fund to subject themselves to the scrutiny6 of the general public.

 

China is expected to rake in some 56.6 billion yuan in pension fund this year. Premium7 revenue from medical and jobless insurance will reach 183.5 and 35.3 billion yuan, respectively.

 

China has carried out five nationwide audits8 of social security funds since 1998, revealing embezzlement9 in 16 of the 31 provinces in 2004 and 1.7 billion yuan misappropriated in 2005.

 

The widespread of embezzlement has been attributed to inadequate10 laws, lack of transparency and inadequate public supervision11.

 
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1 tighten 9oYwI     
v.(使)变紧；(使)绷紧
参考例句：
  • Turn the screw to the right to tighten it.向右转动螺钉把它拧紧。
  • Some countries tighten monetary policy to avoid inflation.一些国家实行紧缩银根的货币政策，以避免通货膨胀。
2 ward LhbwY     
n.守卫，监护，病房，行政区，由监护人或法院保护的人（尤指儿童）；vt.守护，躲开
参考例句：
  • The hospital has a medical ward and a surgical ward.这家医院有内科病房和外科病房。
  • During the evening picnic,I'll carry a torch to ward off the bugs.傍晚野餐时，我要点根火把，抵挡蚊虫。
3 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
4 labor P9Tzs     
n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦
参考例句：
  • We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
  • He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。
5 utilization Of0zMC     
n.利用，效用
参考例句：
  • Computer has found an increasingly wide utilization in all fields.电子计算机已越来越广泛地在各个领域得到应用。
  • Modern forms of agricultural utilization,have completely refuted this assumption.现代农业利用形式，完全驳倒了这种想象。
6 scrutiny ZDgz6     
n.详细检查，仔细观察
参考例句：
  • His work looks all right,but it will not bear scrutiny.他的工作似乎很好，但是经不起仔细检查。
  • Few wives in their forties can weather such a scrutiny.很少年过四十的妻子经得起这么仔细的观察。
7 premium EPSxX     
n.加付款；赠品；adj.高级的；售价高的
参考例句：
  • You have to pay a premium for express delivery.寄快递你得付额外费用。
  • Fresh water was at a premium after the reservoir was contaminated.在水库被污染之后，清水便因稀而贵了。
8 audits c54379fa058a9ad836b60a32f9ceb5bd     
n.审计，查账( audit的名词复数 )v.审计，查账( audit的第三人称单数 )
参考例句：
  • Requires that use of all bond funds is subject to independent audits. 需要使用的所有债券基金是受独立审计。 来自互联网
  • Support the locations during customer-visits, audits and quality-improvement programs. 支持客户参观，稽核和提高品质等项目。 来自互联网
9 embezzlement RqoxY     
n.盗用，贪污
参考例句：
  • He was accused of graft and embezzlement and was chained and thrown into prison.他因被指控贪污盗窃而锒铛入狱。
  • The judge sent him to prison for embezzlement of funds.法官因他盗用公款将其送入监牢。
10 inadequate 2kzyk     
adj.(for,to)不充足的，不适当的
参考例句：
  • The supply is inadequate to meet the demand.供不应求。
  • She was inadequate to the demands that were made on her.她还无力满足对她提出的各项要求。
11 supervision hr6wv     
n.监督，管理
参考例句：
  • The work was done under my supervision.这项工作是在我的监督之下完成的。
  • The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。

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