The Asset and Finance Department (Finance Department for short) is the competent department of the Institute responsible for financial supervision and management, accounting, and asset management. Its main responsibilities are as follows:

1. Implement the state’s relevant financial laws and regulations, formulate the Institute’s financial management systems, conduct accounting and supervision of the Institute’s economic activities, and provide advisory support for the Institute’s leaders in economic management.

2. Compile the Institute’s budgets, final accounts and financial revenue and expenditure plans, and allocate funds in a scientific manner.

3. Conduct accounting for scientific research projects, and control and supervise fund expenditures in accordance with fund budget plans and management measures.

4. Strictly implement the state’s tax policies, complete tax declarations and pay taxes on time.

5. Be responsible for the inventory and report management of the property right of various state-owned assets, the compilation, submission for approval and report management of budgets for various government procurement projects, supervise the utilization and integrity of various assets, and take charge of the disposal and management of assets.

6. Cooperate with relevant audit work and organize the implementation of financial disclosure work.

7. Regularly provide financial information to the Institute’s leaders and relevant departments, put forward suggestions on increasing revenue and reducing expenditure, and actively organize financial income-generating activities.

8. Be responsible for the financial management and accounting of capital construction projects.

9. Conduct accounting for various types of expenses.

10. Undertake the sorting, filing and management of financial documents, accounting books and voucher archives.

11. Complete other tasks assigned by the leaders.