A Study On The Implementation Of Centralized Treasury Payment System In Zhejiang Province

China' s fiscal mode has been experiencing a great reform, namely, the transformation from traditional productive finance into current public finance. In accordance with this reform, the traditional decentralized payment system should also be changed. In recent years, a centralized accounting system has been created and carried out in Zhejiang Province as a useful practice on the development of fiscal payment mode. With the performance of centralized accounting system, good results have been achieved, which strengthen the fiscal supervision, help the construction of a clean and honest administration and improve the expenditure efficiency.In 2000, China' s Ministry of Finance (MOF) issued a "Pilot Program on Treasury Reform " , requiring the establishment of a centralized treasury payment system, which is the abbreviated form of fiscal treasury management system. Based on the system of treasury single account, the centralized treasury payment system makes the treasury directly control the whole process of budget allocation, the appropriation and use of funds, bank accounting, and the arrival of funds to the accounts of people who provide goods or services. The centralized treasury payment system has been carried out for years in many western developed countries, such as member countries of OECD.The establishment of centralized treasury payment system in Zhejiang province is discussed in this thesis as its topic and the aim of this paper is to analyze the practice and demerits of the system, draw on advanced experience from foreign countries, realize the integration and connection of centralized treasury payment system and the centralized accounting system, gradually create public accounting, and put forward a tentative plan on implementing treasury payment system in Zhejiang Province. The thesis has the following three clues: firstly, the theoretical basis of...