Chapter I General then Article 1 is based on the Circular of the People ' s Government of Henan Province on the publication of the Henan Province Circular on the Framework for the Cycle of Economic Development. ) and “ The People ' s Government of Henan Province follows up on the implementation of the State Council ' s priority work on building a cost-effective society “. In the spirit of other documents, the Ministry of Finance has set up special funds for the development of the revolving economy (hereinafter referred to as “the revolving economy of the province”) to guide and support the development of the revolving economy in our province. In order to strengthen the regulatory management and oversight of earmarked funds and to maximize the effectiveness of the use of financial resources, this approach has been developed in conjunction with our province. The second provincial finance department is required by the departmental budget to pool the funds earmarked for the revolving economy on an annual basis and to allocate the funds in accordance with the approved project allocation. The CSD, together with the Provincial Finance Department, organizes the filing, review and validation of projects for specific funds. The third provincial arrangement for the use and management of funds earmarked for the revolving economy is based on the principles of openness, focus, effectiveness and earmarking. Direction, scope and modalities of the use of funds earmarked for the circular economy in chapter II The fourth provincial revolving economy special funds are used in the form of grants (or discounts) to support priority projects for the revolving economy in the province, which are cross-cutting, exemplary and oriented. Article V. Scope of use of funds earmarked for revolving economies: (i) Model Zone for the Cycle Economy, which includes the Pilot Zone for the Cycle Economy Integrated (Cyber-Tri-Industry Link cycle), to be included in the provincial Circulatory Economy.” Model industrial (agricultural) parks, etc., for priority projects of the Action Plan; (ii) New and renewable energy development categories: wind, solar, tidal, geothermal, biogas, etc.; (iii) Water recycling category: including inclusion in the provincial recycling economy” The action plan's priority projects on water reuse and integrated water use; (iv) Major circular economy science and technology development and application extension projects, including energy substitution and ladder utilization technologies, renewable water reuse technologies, “zero” emissions technologies, green re-engineering technologies, and integrated waste use technologies; (v) Other revolving economic projects that are included in provincial revolving economic development plans and that require focused support as requested by provincial governments. The Article 6 Provincial Revolving Economy Specialized Funding is included in the Provincial Development Cycle Economy (a) Action plan projects; Prioritization of projects to be included in national revolving economy pilots; Priority is given to national resource-saving options. The 7th and the 7th Project was the one that made the most of it. Conditions and procedures for the declaration of projects earmarked for the revolving economy in Chapter III Article 8 states that projects for which funds are earmarked for the revolving economy shall, subject to the direction and scope of use of the funds specified in chapter II above, be: (i) Be in line with the direction and priorities set by the circular economic development plan; (ii) The undertaking unit of the project must be registered with the business sector within Henan Province and have an independent legal personality and related units; (iii) The project has better economic and social benefits, stronger demonstration enablers and self-development capabilities. The funds earmarked for the revolving economy shall be declared and validated in accordance with the following procedures: (i) Research to identify annual support priorities and jointly issue project declaration notices based on a revolving economic development framework, in conjunction with actual progress in the revolving economy;  (a) Development reforms in municipalities, counties (municipalities, districts) and financial departments to organize joint project declarations as required; (ii) The project unit shall submit an application to the territorial development reform and the finance sector in accordance with the provisions of this scheme and the requirements of the annual notification, which shall include: a report on the application for special funds for the revolving economy, an application form for the grant of project funds, an investment project approval (filing) document, a copy of the business licence of the project unit and an audit report for the previous year; (iii) The materials submitted by the project applicants by the district (city, district) development reform and finance departments are carefully reviewed and reviewed in accordance with the division of responsibilities, and jointly reported to the municipal development reform and finance departments; (b) After the municipal development reform and finance sector has consolidated and reviewed the projects and materials submitted by the city as a whole, the priority projects are selected, which are presented jointly to the Provincial Development and Reform Commission and to the Provincial Finance Department [in principle, to limit each city and county to one project per year]; Provincial applicants may make a direct declaration to the PRC and the Provincial Finance Department. (iv) Reviewing projects and materials reported by the relevant municipal, county (municipal, district) and provincial units by the Provincial Development and Rehabilitation Commission and the Provincial Finance Department, in accordance with their respective functions, and validation and field verification of priority projects as necessary; After a comprehensive balance, grants are jointly approved and disbursed by the Provincial Finance Department and the Provincial Development and Reform Commission. Chapter IV Management and supervision of funds earmarked for the revolving economy In accordance with article 10, municipalities and counties (cities and districts) shall establish funds for the revolving economy in accordance with their means. Article 11, in conjunction with the Provincial Department of Finance, is responsible for monitoring and monitoring the implementation and management of provincial revolving economy grants; The Municipal and District (City and District) Development Reform Department, in conjunction with the Finance Department, is responsible for the supervision and management of provincial revolving economic special-purpose projects within the administrative area and for coordinating and coordinating in a timely manner the implementation of projects. Violations of the regulations governing the use of earmarked funds are dealt with by the financial authorities in consultation with the authorities concerned. In accordance with article 12, the Municipal Development Reform Departments, in conjunction with the Municipal Finance Department, report annually on the status of revolving economic construction projects and on the use of provincial funds earmarked for that purpose to the PRC and the Provincial Finance Department. Article 13 states that funds earmarked for the revolving economy must be earmarked for specific purposes and that the retention or diversion of funds is strictly prohibited. Municipal and county (municipal and district) financial authorities shall allocate the funds earmarked for provincial finance to project units in full and on time. Once funds are received by the project unit from the Treasury, they shall be used strictly and in accordance with the provisions of the current financial accounting system. Article 14 of the Constitution requires the approval of the PRC and the Provincial Finance Department, in order to make changes in the execution of projects earmarked for the revolving economy. In the case of projects cancelled for this reason, the project unit shall return the amount of the provincial subsidy to the provincial finance department. Article 15 provides for the suspension of applications for funds earmarked for the revolving economy in the following year, the disqualification of project units from continuing to apply for project grants and the prosecution of such violations in accordance with the Regulations on the Punishment of Financial Violations and the relevant laws and regulations. Article 16 This scheme shall apply from the date of its inception.

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