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This is not very clear, China has 100 yuan, 50 yuan, 20 yuan, 10 yuan, 5 yuan, 1 yuan banknote, 1 yuan coin, 5 jiao coins and 1 jiao coin, which add up to yuanyuan.
Money is essentially a substitute for resources such as commodities to facilitate circulation (trading), but it is not a resource and needs to be guaranteed by national credit. When the amount of money in circulation is greater than the amount of resources in circulation, it is inflation; If the amount of money in circulation is less than the amount of resources in circulation, it is a monetary tightening.
When the renminbi is spent abroad, the state needs to use the corresponding resources to exchange the spent renminbi back. This is the essence of money circulation. Of course, the time for exchange can be postponed, which requires national credit as a guarantee.
The United States has a very high national credibility, so Americans can buy a large amount of resources for their own development with a large amount of dollars. Because of the high creditworthiness, the amount that needs to be exchanged back is small, and most of the U.S. dollars are guaranteed by the U.S. national credit to participate in circulation, and the U.S. does not need to use the corresponding resources to redeem them.
Therefore, the contribution of the U.S. dollar to the rapid development of the United States as a world currency cannot be ignored. How much is China in total? This is a question of measuring the level of China's national strength, and it is very difficult.
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As of December 2015, the balance of treasury inventory was about 4 trillion yuan.
The State Treasury is a specialized agency that handles the income and expenditure of state budget funds, and it is closely related to everyone. Not only is every tax paid by individuals and enterprises paid into the state treasury, but even some of the "revenue generation" that we often mistakenly think of as the collection of taxes is actually directly paid into the state treasury in the name of non-tax revenue.
As of December 2015, the balance of treasury inventory was about 4 trillion yuan. The treasury is the bridge and link between the central bank and the treasury, and it is also an important department that influences fiscal policy and monetary policy. Even if the treasury has money, it still needs to issue bonds appropriately to enrich financial investment methods, carry out monetary policy operations through treasury bonds, and promote the development of financial markets.
Extended Materials. China's state treasury is the custodian and cashier of state revenues and expenditures. According to the provisions of the State Treasury Regulations, the basic duties of the State Treasury are:
1) Handle the collection, division and retention of state budget revenues;
2) Handling the disbursement of state budget expenditures;
3) Reflect the budget revenue and expenditure to the treasury at the higher level and the financial organs at the same level;
4) Assist the financial and taxation authorities to supervise and urge enterprises and other units with economic income to pay their dues to the state in a timely manner, and assist in withholding the revenue treasury in accordance with the tax law for repeated reminders;
5) Organize, manage, inspect and guide the work of the subordinate treasury;
6) Handle other work related to the treasury assigned by the state.
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Economists of the Chinese Academy of Social Sciences estimate that China's sovereign net asset value will reach 70 trillion Li Yang, vice president of the Chinese Academy of Social Sciences and chief economist of China Social Science Intelligence News, released his calculation of China's "family base" in Beijing on the 8th: According to the wide caliber calculation, China's sovereign net asset value in 2021 will be close to 70 trillion. According to the narrow calculation, China's sovereign net asset value in the same year was about 20 trillion yuan.
According to reports, in order to accurately understand the health of China's economy, understand the potential impact and intensity, and provide a basic basis for official countermeasures, Li Yang and his colleagues based on the theoretical framework of the national balance sheet, using existing data and through necessary estimates, preliminarily compiled China's sovereign balance sheet for 2010 2020 and analyzed it.
Li Yang told reporters that in recent years, some institutions have from time to time made bearish remarks on China's economy on the grounds of the debt crisis, and the reason why he did this research is to give an explanation for this and calm the "leisurely mouth" at home and abroad. Li Yang pointed out that between 2010 and 2020, China's net sovereign assets were positive and on an upward trend. This shows that China** has sufficient sovereign assets to cover its sovereign liabilities.
The likelihood of a sovereign debt crisis in China for a long time to come is extremely low.
The net asset value of 70 trillion yuan is a very proud result", Li Yang said, whether compared with the past or horizontally compared with the world, China's economy as a whole is very healthy. But he also stressed that while the sum is fine, the balance sheet of individual entities is very unbalanced.
Li Yang said that compared with the short-term risks reflected in real estate credit and local debt, the medium- and long-term risks of China's sovereign balance sheet are more concentrated in external balance sheets, corporate debts and social security fund arrears.
Sovereign assets, also known as sovereign wealth assets, mainly refer to the funds in the hands of a country for market-oriented investment. Sovereign wealth, as opposed to private wealth, is public wealth that is accumulated through specific tax and budget allocations, balance-of-payments surpluses, and natural resource revenues, and is controlled and dominated by **, usually held in foreign currency. Traditional sovereign wealth management is very passive and conservative, and its impact on domestic and international financial markets is very limited.
In recent years, thanks to the soaring international oil prices and the rapid growth of international ** expansion, its management has become an increasingly important issue.
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Ning Jizhe, deputy director of the state, told reporters on the 24th that the company has a balance sheet, and the country also has a balance sheet. The latest balance sheet shows that China's total assets have exceeded 1,300 trillion yuan. This asset does not come out of thin air, it is formed over many years of development.
We have the most well-classified industrial system in the world, and it doesn't come out of nowhere. In addition, by the end of 2019, China's debt ratio was well below the level of major developed and emerging market countries. 106% in the United States, 80% in the European Union, 238% in Japan, 69% in India, and 92% in Brazil.
China's total assets have exceeded 1,300 trillion yuan, and based on China's population of 1.4 billion, China's per capita assets are about 930,000 yuan. These assets do not come out of thin air, they are formed by years of investment and development. It's hard-won and worth cherishing.
This conference was very informative, and the Financial Associated Press summarized the key contents:
01 *** Families are encouraged to stock up on medical aid kits.
Ning Jizhe, deputy director of the National Development and Reform Commission, said at the press conference today that in response to the new crown pneumonia epidemic as an opportunity, we will advocate the formation of healthy consumption concepts and healthy lifestyles in the whole society, and encourage families to stock up on medical aid kits. We have more than 400 million families, and everyone must have the concept and habit of saving themselves for treatment. Integrate and optimize medical and health resources and chains, improve the health industry system, and expand health service consumption.
02 From January to April, 3.54 million new jobs were created in the city, and more than ninety percent of migrant workers returned to work.
Zhao Chenxin, deputy secretary-general of the National Development and Reform Commission, said at a press conference on the morning of May 24 that the current domestic employment situation has undergone positive changes, and from January to April, there have been 3.54 million new jobs in the city, which is a very bright report card. With the resumption of work and production, more than ninety percent of migrant workers have returned to work.
03 We will study and formulate implementation opinions on deepening the mixed-ownership reform of state-owned enterprises and create an upgraded version of the mixed-ownership reform policy.
Zhao Chenxin, deputy secretary-general of the state, said that this year will formulate opinions on promoting the optimization of the layout and structural adjustment of the state-owned economy, and will further promote the pilot of the four batches of 210 mixed ownership reforms that have been announced. With regard to enterprises with mixed ownership, we should try our best to explore and establish a governance mechanism and regulatory system that is different from that of ordinary state-owned enterprises, and strive to form more experiences that can be replicated and popularized. We will also study and formulate the implementation opinions on deepening the mixed-ownership reform of state-owned enterprises, create an upgraded version of the mixed-ownership reform policy, better guide the state-owned enterprises on the surface, and promote the mixed-ownership reform, so that the mixed-ownership reform can better play a breakthrough and bull's nose in the entire state-owned enterprise and state-owned assets reform.
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Hello, the treasury is about 4 trillion yuan. The treasury is the body that deals with the funds and the state budget that are closely related to each individual. Not only will every tax paid by individuals and businesses be handed over to the state treasury, but even some of the "revenue generation" that we often mistakenly think of as collecting fees will be directly handed over to the state treasury in the name of non-tax revenue.
The Ministry of Finance is not only a bridge and link between the central bank and the Ministry of Finance, but also an important department that influences fiscal and monetary policy. Even if the national treasury is abundant, it is still necessary to appropriately issue treasury bonds, enrich the financial investment model, carry out monetary policy operations, and promote the development of the financial market through treasury bonds.
Extended information: 1. The state treasury is the custodian and cashing institution of the state budget funds. It undertakes the important task of handling the collection of state budget funds, reflecting and supervising the implementation of the state budget.
According to the situation in various countries of the world, the system responsible for the custody and cashier of state budget funds is divided into the treasury system and the banking system. The treasury system is further divided into independent treasury and entrusted treasury. The independent treasury system refers to the special state agency responsible for handling the revenue and expenditure of the state budget and keeping the cashier; The entrusted treasury system refers to the system in which the state entrusts banks to manage treasury business, and the state no longer sets up separate institutions; The banking system refers to a system in which there is no state treasury institution, and the financial department opens an account in the bank and deposits the state budget revenue in the bank as a management deposit.
China's current treasury system is a entrusted treasury system. The People's Bank of China manages the state treasury and organizes the management of the state treasury. This is an important responsibility of the People's Bank of China.
2. Treasury work is an important basic work for handling state budget revenue and expenditure. Organizing and managing the treasury is an important responsibility of the People's Bank of China. The responsibilities of the State Treasury are formulated around how to do a good job in the revenue and expenditure of the state budget, including:
Receive all state budget revenues accurately and in a timely manner, in accordance with the budget revenue level stipulated by the state financial management. The system and the quota or quota and time limit determined by the financial organs at higher levels shall correctly and promptly handle the division and retention of financial funds at all levels to ensure the use of financial budget funds. In accordance with the relevant provisions of the financial system and the measures for the management of bank account opening, the financial institutions shall open accounts for financial institutions at all levels, and handle the allocation of financial funds at the same level in a timely manner according to the completed appropriation vouchers.
3. Calculate the financial reserves and budget revenues and expenditures at all levels, submit the daily, ten-day, monthly and annual final accounts to the higher state treasury and the financial collection organs at the same level on a regular basis, and ensure the accuracy and consistency of the figures with the financial and collection organs on a regular basis. Assist the finance and tax collection departments to organize the budget revenue to be handed over to the state treasury in a timely manner, collect late fees according to the vouchers filled in by the tax collection and management departments, assist the finance and taxation departments to withhold the income from the individual budget that has not been repeatedly paid in accordance with the provisions of the national tax law, and handle the return of treasury funds in accordance with the provisions of the national financial system. Organize, manage, inspect and guide the work of the lower-level treasury economic collection office, summarize and exchange experience, and solve existing problems in a timely manner; Handle the work related to the treasury assigned by the state.
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100 yuan + 50 yuan + 20 yuan + 10 yuan + 5 yuan + 2 yuan + 1 yuan + 5 jiao + 2 jiao + 1 jiao.
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Cloud: 88 yuan 8 yuan 8 cents.
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Treasury, short for National Treasury. There is still a lot of controversy in the academic community about how to define this concept. Properly revealing the meaning of the treasury is one of the most fundamental issues, which directly affects the management and operation of the treasury and the construction of the legal system of treasury management.
The so-called treasury refers to the operation mode of centralizing all financial funds (including budgetary funds and extra-budgetary funds in our country) in the account opened by the designated bank for centralized management, and the income and expenditure of all financial funds are collected, disbursed and liquidated through this account. It is composed of the centralized revenue system of the treasury and the centralized payment system of the treasury, and is the first mode of capital receipt and payment commonly practiced in market economy countries.
As an important part of the implementation of the state budget, the state treasury is the organ that handles the state budget revenue and expenditure, and is also a functional department of the People's Bank of China, which is responsible for the important tasks of implementing the state budget revenue and expenditure, managing fiscal deposits, organizing the issuance and payment of state bonds, and reflecting changes in the state budget revenue and expenditure and state credit. Over the past 20 years, the state treasury staff has made positive contributions to supporting local economic development. However, with the further deepening of the reform of the financial system, the state treasury, as a department that combines finance and finance--- is facing new opportunities and challenges.
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in the modern sense of the word"Treasury"It is responsible for the custody and management of the assets and liabilities of the country's finances, as well as a series of national financial functions that reflect the implementation of the country's budget.
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