Core Viewpoint - The People's Bank of China, Henan Branch, highlighted significant achievements in treasury management over the past 40 years, emphasizing its commitment to serving the public and supporting local economic development through effective treasury services [3]. Group 1: Financial Support and Reforms - The Henan Branch has actively participated in major fiscal and tax reforms, ensuring smooth implementation through enhanced communication and information sharing [3]. - The branch has played a crucial role in the reform of the provincial direct management county fiscal system, social security fee collection models, and personal income tax refund processes [3]. Group 2: Technological Advancements - The branch has advanced treasury information technology, achieving full electronic processing of tax revenue and budget expenditures, which has improved the quality and efficiency of budget execution [3][4]. - The implementation of a "zero in transit" policy for fiscal disbursements ensures that funds reach recipients directly and promptly [3]. Group 3: Social Welfare and Emergency Response - The Henan Branch has optimized its services for social welfare, ensuring timely and accurate disbursement of funds for urgent tasks such as poverty alleviation, disaster relief, and pandemic control [3]. Group 4: Supervision and Management - The branch has strengthened its supervisory functions, enhancing the dual pillars of treasury service and oversight to ensure the safety of treasury funds [4].

Core Viewpoint - The article highlights the evolution and significance of the National Treasury managed by the People's Bank of China over the past 40 years, emphasizing its role in budget execution and public service, while showcasing the dedication and innovation of its personnel in adapting to technological advancements and improving efficiency [1][2][4]. Group 1: Historical Context and Development - The National Treasury is a crucial part of the national budget execution, responsible for managing state budget revenues since the implementation of the National Treasury Regulations in 1985 [1]. - Over the years, the National Treasury has transitioned from manual bookkeeping to digital systems, reflecting a commitment to innovation while maintaining a focus on serving the public [1][5]. Group 2: Service to the Public - Each transaction in the National Treasury is linked to the well-being of citizens, as illustrated by a case where a lost bond was recovered for an elderly citizen, highlighting the human impact of treasury operations [2]. - Efforts to streamline processes include the implementation of electronic tax payment systems, allowing citizens to handle transactions without physical visits, thus enhancing convenience [2][3]. Group 3: Technological Innovation - The introduction of electronic systems has significantly improved efficiency, with the electronic tax payment rate in Hunan Province reaching 99.86% [3]. - Innovations such as the development of a paperless accounting system and the integration of big data into treasury operations have led to substantial cost savings and improved accuracy in financial management [5][6]. Group 4: Commitment and Resilience - Treasury personnel demonstrate resilience and dedication, often working in challenging conditions to ensure the continuous flow of funds, which is described as the "lifeblood" of the nation [4]. - The commitment to high-quality service is evident in the rigorous training and continuous learning undertaken by treasury staff to adapt to evolving business needs [7][9]. Group 5: Legacy and Future - The importance of knowledge transfer and mentorship is emphasized, with experienced staff actively training younger colleagues to ensure the continuity of expertise within the National Treasury [8][9]. - The article concludes with a forward-looking perspective, indicating that the spirit of dedication and service will continue to drive the National Treasury's mission in the future [10].

Core Viewpoint - The establishment and development of the treasury management system in Gansu Province, under the leadership of the People's Bank of China, has significantly contributed to the effective execution of government budgets and supported high-quality local economic development over the past 40 years [2][3]. Group 1: Organizational Structure and System Improvement - The treasury management system has been strengthened by establishing a hierarchical organizational structure, with dedicated treasury departments at various administrative levels, ensuring effective budget execution [4]. - As of 2023, Gansu Province has successfully transferred all county-level treasury operations to a managerial system, receiving recognition from the central bank for its effective implementation [4]. - The total amount of treasury transactions in Gansu Province exceeded 1 trillion yuan in 2017 and is projected to surpass 2 trillion yuan in 2024, with an average annual growth rate of 17% over the past decade [4]. Group 2: Information System and Efficiency Enhancement - The treasury has advanced its information system, transitioning from manual to electronic processing, which has significantly improved the efficiency of budget revenue and expenditure [5]. - The implementation of the "3T" information system has facilitated real-time processing of tax revenues and fund allocations, reducing the time for cross-province tax payments from over a week to just one day [5]. Group 3: Public Service and Policy Implementation - The treasury has effectively delivered tax reduction benefits, providing over 26 billion yuan in support to nearly 40,000 market entities, thereby aiding the real economy [6]. - Emergency funding channels were established to quickly allocate 29.65 billion yuan in disaster relief funds during significant natural disasters, demonstrating the treasury's responsiveness [6]. Group 4: Financial Management and Supervision - The treasury has implemented flexible cash management strategies, generating 1.5 billion yuan in interest income since 2016, thereby enhancing the efficiency of government funds [7]. - A comprehensive supervision framework has been established to ensure the safety and compliance of treasury operations, utilizing both onsite and offsite monitoring methods [7]. Group 5: Future Development and Strategic Goals - The People's Bank of China in Gansu aims to continue enhancing the treasury system by focusing on safety, technology, service, regulation, and research, aligning with the principles of the new era of socialism with Chinese characteristics [8][9][10].

Core Insights - The Tianshui Central Treasury has been committed to serving the public and supporting local economic development since the establishment of the People's Bank of China as the treasury manager in 1985 [1] Group 1: Financial Operations and Achievements - In 2024, the treasury department processed 2.64 million transactions totaling 98.4 billion, which represents a 3.5 times increase in transaction volume and a 2.4 times increase in monetary value compared to 2014 [2] - The treasury has received over 30 honors, including the "One-Star National Youth Civilization Unit" and "Three-Eight Red Flag Collective," reflecting its strong capabilities [1] Group 2: Safety and Risk Management - The treasury emphasizes the dual bottom lines of treasury fund safety and business system security, implementing a three-tiered approach of pre-audit, in-process control, and post-supervision [2] - A communication mechanism has been established with local government and financial departments to enhance treasury supervision effectiveness [3] Group 3: Taxation and Public Services - The treasury has achieved a 100% electronic tax payment rate in the city, facilitating the implementation of national tax reduction policies [3] - A "one-stop" tax refund collaboration mechanism has been established to ensure immediate processing of tax refunds [3] Group 4: Technological Innovation - The treasury has advanced its information technology infrastructure, launching multiple systems to improve efficiency in budget revenue and expenditure processes [4] - The implementation of a paperless fiscal expenditure system in 2017 has enhanced the secure exchange of payment clearing information among various financial entities [4]