Deputy Governor of the People's Bank of China, Zou Lan: it is necessary to adhere to the central bank managing the national treasury system.
Deputy Governor of the People's Bank of China, Zou Lan, stated that the current national treasury management system is a system arrangement formed in China's history and established by laws and regulations. Practice has proven that this system arrangement fully complies with China's national conditions and adapts to changes in the times. The theoretical achievements are fruitful, and the operational effects are significant. For the past forty years, the People's Bank of China has always adhered to the managerial treasury system, continuously improving the level of treasury services, while also adhering to the principle that what is authorized by law must be done, and what is not authorized by law must not be done. They carry out treasury supervision within the legal framework to ensure the smooth implementation of government budgets. Since the 18th National Congress of the Communist Party of China, the People's Bank of China has accelerated the construction of legal treasury system in accordance with the requirements of comprehensively advancing the rule of law, constantly optimizing and enriching supervision methods, effectively enhancing the effectiveness of supervision, and forming a working mechanism that involves both division of labor and cooperation with relevant departments, as well as supervision and balance. In the new journey, in the process of accelerating the construction of modern central bank system and modern budget management system, it is necessary to further adhere to and improve the managerial treasury system of the People's Bank of China.
Latest