Legal analysis: Problem: The existing distribution warehouse facilities are seriously lagging behind the needs of economic development, which makes the cash demand increase year by year and cash transactions are frequent, while the construction of the distribution warehouse of the People's Bank of China is relatively lagging behind. Taking Baoding as an example, the distribution warehouse of China Branch was opened ten years ago. According to the business volume at that time, the warehouse area can meet the needs of storage, allocation and destruction of issued funds under its jurisdiction. But now the business volume has increased by nearly ten times compared with ten years ago. In 2004, the average daily stock of funds issued by Zhongzhi Treasury was 3 100, and the average utilization rate of the warehouse was 75% (the theoretical maximum stock of Zhongzhi Treasury was 4,400). Among them, the inventory exceeds 4,400 pieces, and the warehouse utilization rate exceeds100% in recent 30 days: on March 8, China Branch distributed 7,340 pieces of funds, and the warehouse utilization rate reached 167%. Some county branch warehouses also have problems such as small warehouse area and unreasonable structure. The overload use of the warehouse makes the placement of various versions of the issuance fund and bonds in the warehouse irregular and inconspicuous, which seriously affects the standardized management of the issuance work. When inspecting the warehouse, we can only check the quantity of the surface, but can't carry out a comprehensive and thorough inspection, so it is difficult to give full play to the supervisory role of the warehouse inspection. At the same time, the funds of the county branch library can not be raised in time, which also brings great pressure to the county branch library.

Legal basis: Article 4 of the Law of the People's Republic of China on the People's Bank of China, the People's Bank of China performs the following duties:

(1) Formulating and implementing monetary policies according to law;

(2) Issuing RMB and managing the circulation of RMB;

(3) Examining, approving, supervising and managing financial institutions according to regulations;

(4) To supervise and manage the financial market according to regulations;

(5) Issuing orders and regulations on financial supervision and management and business;

(6) Holding, managing and operating the national foreign exchange reserves and gold reserves;

(7) Managing the national treasury;

(eight) to maintain the normal operation of the payment and settlement system;

(nine) responsible for the statistics, investigation, analysis and forecast of the financial industry;

(ten) as the central bank of the country, engaged in relevant international financial activities;

(eleven) other duties stipulated by the State Council.

In order to implement monetary policy, the People's Bank of China may engage in financial business activities in accordance with the relevant provisions of Chapter IV of this Law.