| A set of systematic financial measures and rules has been mapped out and well operated by BGRIMM in its practice of the Departments Contracting System. These measures and rules feature the function of "cost accounting administration" instead of the previous one of "booking and reimbursement", aiming at shifting BGRIMM from a pure R&D institution to a self-sustained technological complex with enterprise functions, responsible for its own profits or losses. The major means adopted are economic management focusing on creating more economic benefits. The new system has reported promising response in strengthening financial administration on the Institute's activities, which has been consummating the Departments Contracting System inside the Institute and the system itself will also be perfected in further practice. |