Finance Minister Lan Fo'an: Further improve the horizontal ecological protection compensation mechanism, accelerate the transformation from "green waters and mountains" to "golden mountains and silver mountains".

Minister of Finance, Liao Fuan, stated in a study published in newspapers and periodicals that further improving the horizontal ecological protection compensation mechanism and accelerating the transformation from "green waters and lush mountains" to "gold and silver mountains". Establish a sound hierarchical guarantee responsibility system with counties as the main responsible party, cities providing assistance, and provinces as the last resort, firmly securing the bottom line of the "three guarantees" at the grassroots level. Conduct budget reform trials with zero-based budgeting in 16 central government departments. Strictly implement the requirement to tighten belts, with a 5% reduction in the "three public" expenses budget of central government departments compared to the initial budget of the previous year, allocating more funds to critical areas.