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Managing the State Treasury by the Central Bank:Having a Solid Foundation,Conforming with China’s National Situation and Being Effective
Pages: 4-7+12
Year: Issue:  8
Journal: Xi'an Finance

Keyword:  the central bankmanaging the state treasury;
Abstract: The paper makes an objective and historical analysis on the issue concerned about "managing the state treasury"or"acting as fiscal agent", and expounds the origin of the argument on the issue. Through reviewing the process that the People’s Bank of China has carried out the function of managing the state treasury, the paper points out that the system of the central bank’s managing the state treasury has the basis of practice, technology, system and organization, and also has the cleaning basis of history, security,restriction, coordination and service. Therefore, adhering to the system of PBC’s managing the state treasury is to meet the requirements of developing the system of the socialist market economy.
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