Research On Reformation Of The Unified Treasury Receipt And Payment In Tianjin Binhai High-tech Industrial Development Area

Reformation of the unified treasury receipt and payment system is one of the most essential components in the reformation of fiscal budget system. Under the traditional budget management system, setting of the treasury allocating accounts has a lot of problems, such as repetition, decentralization, complicated allocation process and time-wasting program. These problems have lead to low transparency of financial revenue and expenditure, low effectiveness of supervision and administration, and low efficiency of information reflection, which has impaired the making of fiscal budget, the analysis of implementation reflection and the regulation of macro economy. To reform the treasury's collection and payment system, the government introduces advanced expertise from developed countries. The new system is based on treasury single account system, and adopts the centralized treasury payment as the main form of fund allocation method, which brings financial funds into standardized management according to law and eliminates the roots of adverse influence over the social and economic operation. In general, the centralized treasury payment system can achieve direct fund allocation, which can cut down the unnecessary steps, lower the administrative cost, and enhance the state's capacity for macro-control. In the year of 2009, the new treasury payment system had been successfully carried out in new and high-tech zone. This essay will talk about the related implementation methods, the achievements, the existing problems and the further countermeasures.This essay will explain a series of management system innovations brought by the rapid social and economic development. Furthermore, it will summarize the achievements from the treasury reformation based on an account of the operation details of centralized treasury payment, an analysis of accounting, and some examples about treasury reformation both in China and other countries. Meanwhile, some existing practical problems will be raised. Under the current legislation, several reasonable countermeasures will be given on the basis of the specific characters of the treasury management in Tianjin BinHai high-tech industrial development area. These countermeasures include enhancing the awareness of reformation, the professional training and the professional competence; establishing and improving the treasury information management system to strengthen the scrutiny of fiscal fund payment; consummating auxiliary regulation management system to improve its operability; and smoothing the link between departmental budget and the centralized payment. To sum up, this essay is to seek effective measures to further improve treasury reformation management system, which will bring a vast amount of social and economic benefits in the future development.