China's three National Accounting Institutes are to teach annually 100,000 people and help them become senior professionals in accounting, auditing, and financing over the next five to ten years, Finance Minister Xie Xuren said in Beijing Tuesday.

Meanwhile, another 1,000 will receive training and teaching from the three institutes and reach an international level of competence each year, according to him.

Xie, also chairman of the institutes' board of directors raised these two ambitious goals after a board meeting on Tuesday, which analyzed the achievements and experiences of the institutes over the past ten years.

Beijing National Accounting Institute was the first of the three to be founded in 1998, and had taught more than 130,000 people over the past decade, averaging 13,000 per year, according to figures from the institute's journal.

The other two are in the eastern metropolis of Shanghai and the coastal city of Xiamen, founded in 2000 and 2002, respectively.

Led and supported by multiple state departments, the institutes are expected to produce talents in accounting, auditing and financing, who will work as experts and professionals in the country's macro-economy management departments, large and medium-sized enterprises and financial organizations.

(Xinhua News Agency July 30, 2008)