Concepts and Objectives

Committed to raising funds for all city government undertakings, the DOF helps all TCG agencies implement various urban development projects according to the concept of "supporting development with effective financing and sustaining financing with effectual development." Based on the three strategic goals – "rich financial resources","high financial efficiency" and "responsive financial measures" – we focus on the "three conversions", namely, converting financial control into financial services, converting governmental financial management into business financial management and converting passive supply into active support. Faced with demanding challenges of city administration, we have launched administrative reforms, reshaped the operational structure, introduced concepts of business management and injected a powerful drive to flexibly and efficiently respond to changes. We establish service-oriented concepts that see the general public as our customers and provide effective quality services for them. Based on DOF's functional capacity in the area of financing, taxation, banking and TCG asset management, we have taken eight strategic measures including "enhancing financial efficiency","improving taxation services","upgrading banking services","sustainable management of TCG assets","reorganizing DOF","clear definition of staff responsibilities","dedication to R&D" and "civil work marketing". Through effective management, we promote the concept of personnel quality enhancement, operational quality assurance and institutional quality management in order to improve DOF's administrative efficiency. Major strategies include:...