Chapter IX Provisions on Internal Control of Financial Accounting for Foreign Investment Control of Medical Institutions

Article 61 Establish and improve the management system and post responsibility system for foreign investment business. Clarify the responsibilities and authorities of relevant departments and posts, ensure that incompatible posts such as project feasibility study and evaluation, decision-making and implementation, disposal approval and implementation are separated from each other, rationally set posts, and strengthen constraints and supervision.

Medical institutions shall not handle the whole process of foreign investment business by the same department or person.

Article 62 A decision-making control system for foreign investment shall be established. Strengthen the effective control of the establishment, evaluation and decision-making of investment projects to prevent the loss of state-owned assets. All foreign investment projects must be submitted for approval in advance, and the financial, auditing, discipline inspection and other functional departments and relevant experts or qualified intermediaries organize demonstration and evaluation of risks and benefits, and report them to the leaders for approval step by step according to the prescribed procedures. The decision-making process should have a complete written record and the signature of the decision maker. It is strictly forbidden for individuals to decide on their own foreign investment or to change their collective decision-making opinions without authorization.

Article 63 Strengthen the management of foreign investment in intangible assets. Medical institutions investing in intangible assets abroad must evaluate and confirm the assets in accordance with the relevant provisions of the state, and invest abroad at the confirmed value.

Article 64 The examination and approval authority of foreign investment authorization shall be strictly controlled and shall not exceed the examination and approval authority. Establish an accountability system for foreign investment. Departments and personnel who make major decision-making mistakes, fail to perform the collective examination and approval procedures, and fail to implement them according to regulations should be investigated for corresponding responsibilities.

Article 65 Strengthen the accounting control of foreign investment. Establish an accounting control system, strengthen the inspection and control of foreign investment accounting, and make relevant accounting for its increase and decrease and the realization of investment income.

Article 66 A tracking management system for foreign-invested projects shall be established. Take timely measures to deal with problems and risks to ensure the safety and integrity of assets.

Article 67 Strengthen the control over the recovery, transfer and write-off of foreign investment. The recovery, transfer and write-off of foreign investment shall be subject to collective decision-making, evaluation and approval procedures, and shall be handled only after approval by authorized examination and approval institutions.