China's Centralized Treasury Payment Of The Supervision Mechanism

The National Treasury Centralized Payment System carrying out for several years in the Market Economy country is a sort of governmental finance capital management system. At present, the practice which our country puts this system into is an ultimate reform of the finance capital operation by using the international routine for reference. It is the exigent requirement of the public finance development in the Market Economy System of Socialism, the innovation of the budget operation and finance payment management system.The reform of the National Treasury Centralized Payment System has run for 5years, generally speaking, this system operates stably, primary establishment of thenational treasury single account, standardization of the capital payment mode,apparent improvement of the payment efficiency, reinforcement of the financesupervision. But we still need to pay attention to the violation and the nonstandardoperation of the capital payment reform. The supervision mechanism of the NationalTreasury Centralized Payment needs to be set up in order to guarantee the efficientand safe operation of the finance capital, prevent the payment risk of controlling thefinance capital. Whereas the reform on the National Treasury Centralized PaymentSystem for the necessity of the public finance development, from the theoryconnotation and the problems on the National Treasury Centralized Payment System,it's proposed to establish and consummate the essentiality and urgency of thesupervision mechanism of the National Treasury Centralized Payment System. Usingthe experience of the Western National Treasury Centralized Payment Supervision forreference, adopting authorization agent and the stimulant theory to take apart theproblems and sources in our National Treasury Centralized Payment System, forstudying the supervision mechanism, it's proposed to establish the relevant measuresof the supervision mechanism of the National Treasury Centralized Payment Systemto prevent the payment risk and improving the reform practice.