Core Viewpoint - The People's Bank of China (PBOC) in Guyuan City, Ningxia, has successfully transferred treasury operations for four county-level areas, focusing on enhancing service quality and efficiency while maintaining oversight and risk control in treasury operations [1][2][3][4] Group 1: Communication and Collaboration - The PBOC Guyuan has established a collaborative mechanism with local governments through a memorandum, facilitating data sharing and problem-solving related to fiscal policies and treasury services [1] - The bank has conducted four thematic discussions and issued six treasury operation reports since the memorandum was signed, addressing issues such as the transmission of paper invoices and the launch of non-tax revenue electronic modules [1] Group 2: Process Optimization - The PBOC Guyuan has integrated the treasury business into a "one machine, multiple treasury" accounting model, streamlining operations across one central treasury and five county-level treasuries, resulting in improved efficiency and management [2] - The number of operators was reduced from seven to five, addressing the challenges of system switching and report handling during the business process [2] Group 3: Risk Management - A comprehensive risk assessment was conducted, leading to the creation of a risk prevention manual that identifies 43 risk indicators, achieving a 100% coverage rate for risk identification [3] - The bank implemented a three-tiered regulatory model combining regular checks, surprise inspections, and online monitoring to enhance compliance and risk awareness among fiscal and banking personnel [3] Group 4: Service Quality Enhancement - The PBOC Guyuan has established a "green channel" for treasury fund processing, ensuring urgent matters are handled promptly, with 19,180 budget revenue transactions totaling 2.743 billion yuan processed in Q1 2025 [4] - A rapid response mechanism was created for tax refunds, resulting in 20,300 tax refund transactions amounting to 46 million yuan in Q1 2025 [4] - The bank developed a four-tiered service system to facilitate rural investors interested in purchasing government bonds, achieving 3.03 million yuan in bond sales in rural areas, a 200.19% increase year-on-year in Q1 2025 [4]

Core Viewpoint - The People's Bank of China, Dezhou Branch, is focusing on optimizing and reforming its treasury management services, particularly in county areas, to enhance service stability and continuity [1]. Group 1: Treasury Management Optimization - The Dezhou Branch has integrated all county (city) sub-branches into a single accounting institution, increasing operational efficiency while managing the heightened pressure on treasury operations [2]. - The branch has launched the "Shandong Province Non-Tax Revenue Payment System" to facilitate electronic transactions between county finance, banking institutions, and the treasury, enhancing operational efficiency [2]. - Over 80 work standards and processes have been optimized, with 521 business items standardized for agent banks and fiscal departments in 2024 [2]. Group 2: Collaborative Mechanisms - The Dezhou Branch has established a collaborative mechanism involving multiple departments to enhance treasury management services, signing a new cooperation memorandum with the municipal finance, tax, and customs departments [3]. - The expansion of the fiscal, tax, customs, and banking joint meeting system has improved coordination and response times among involved departments, with 31 policy communication meetings held [3]. Group 3: Dual Control and Direct Connection Mechanism - A "dual control" model has been implemented for over 800 treasury business agent banks, ensuring effective oversight and accountability [4]. - The direct connection model with fiscal, tax, and customs institutions has been established to ensure swift policy implementation and service delivery [4]. Group 4: Simplification and Efficiency - The Dezhou Branch has focused on simplifying processes to enhance the quality of treasury services, achieving a reduction in paper-based transactions from 160 to zero for county budget revenue and expenditure [5]. - New service methods such as "streamlined processing" and "commitment systems" have been introduced to reduce administrative burdens and improve service efficiency [5]. Group 5: Timely Tax Refund Mechanism - The "full-chain limited-time" tax refund mechanism has been implemented, significantly reducing processing times for tax refunds, benefiting over 11,000 taxpayers [6]. - The establishment of a rapid information exchange system among fiscal departments, agent banks, and the treasury has ensured timely disbursement of funds and policy benefits [6].