What is the national treasury centralized payment system?

Centralized treasury receipt and payment system: it mainly refers to the establishment of a single treasury account system, in which all financial funds are brought into the management of the single treasury account, the income is directly paid into the treasury or financial special account, and the expenditure is paid to the suppliers or users of commodities or goods through the single treasury account system by means of direct financial payment and authorized payment according to different payment types.

Including the centralized treasury payment system and the centralized treasury receipt and payment system management system, it refers to the treasury single account system established by the financial department on behalf of the government, and all financial funds are included in the treasury single account system for receipt, payment and management. Fiscal revenue is directly paid into the state treasury through the state treasury single account system; Financial expenditure is paid to suppliers or users of goods and services through the treasury single account system, that is, the budget unit uses funds but does not see them; All the unspent funds are deposited in a single account of the national treasury, which is managed and operated by the financial department on behalf of the government, which reduces the financing cost of the government and provides an alternative means for implementing macro-control policies.

The basic characteristics of centralized treasury payment system;

1. is a unified treasury account;

2. All financial revenues are directly paid into the state treasury, and the main financial expenditures are directly paid by the financial department to the providers of goods or services; Treasury centralized payment system

3. Establish an efficient budget execution organization, a scientific information management system and a perfect supervision and inspection mechanism.

Establish a modern financial treasury management system based on the treasury single account system and focusing on the collection and payment of funds.