ion on the Problems Existing in the Operation of the Centralized Payment Business of the State Treasury Р ZHANG Gaoxi Р (Xi’an Branch PBC, Xi’an Shaanxi 710075) Р Abstract:The centralized payment system of the state treasury is based on the single account system of the state treasury, and is the budget expenditure management system to allocate funds by way of the centralized payment. It improves the fund efficiency and benefit, and promotes the economic development. The paper analyzes such problems as system construction, business operation and risk prevention which exist in the operation of the centralized payment of the state treasury, puts forward countermeasures and suggestions on perfecting the centralized payment system. Р Keywords:central bank;state treasury management Р 责任编辑、校对:赵舒怡