A Study On Construction Of Public Finance Expenditure Framework In China

Public finance is a kind of distribution that the State provides the society with the public services and satisfies public wants. With the gradual establishment of socialist market economic system of China, it has been the basic orientation of the financial reform to construct the socialist public finance and its operation mechanism. Establishment of the finance expenditure system constitutes not only a vital part of the national public finance system and the focus of the present financial reform in China, but the key to construction of the public finance framework in China. Strengthening research into the public finance expenditure system in China is of practical significance for establishing socialist market economic system, optimizing finance expenditure structure, increasing benefits of the finance expenditure and enhancing responsibilities and obligations of the State or the government.Western public finance expenditure theory is the theoretical basis of western financial system, which serves as reference for construction of the new mode for public finance of the socialist market economy in China. For the sake of probing into the means to construct public finance expenditure system in China, this paper attempts to make an analysis of scope, scale, structure, benefit assessment and etc. of the public finance expenditure, and the focuses of the pubic finance expenditures of western capitalist countries, and researches have indicated that the public finance expenditure of western countries is focused on national social expenditures and economic expenditures, while the social expenditures is given the first priority in finance expenditure.With respect to the innovation in finance expenditure, though our country has taken some measures and achieved some results, there exist many issues to be solved compared with the objectives of the public finance of the socialist market economy, and in terms of scope, scale and structure, discrepancies exist between the actual demands of the national economic development, the management of finance expenditure is relatively backward, and non-tax income expenditure is lacking in unified management. In solving the above-mentioned issues, it is necessary to learn from theories and experiences of western public finance and take into account the present situation of China, according to the basic requirements of the public finance and the functions distribution of the government, to determine the scope of public finance expenditure and adjust the structure of finance expenditure, solve the problem of "exceeding" and "lacking" financial, pool all the financial resources to guarantee the national finance expenditure demands, and ensure the normal operation of the national machine; increase input in science and technology, support development of cultural, public health and other public undertakings; increase social security expenditure, and promote construction of the social security system; increase investment in public infrastructures and create a good environment for economic development. An organic combination of the above aspects of the finance expenditure constitutes the basic pattern of the public finance expenditure of the market economy in China, and establishes corresponding public finance expenditure management system.At present, with the gradual construction and continuous improvement of the socialist market system in China, aiming at the new situation and issues occurring in the operation of the finance, it is imperative for us to conduct scientific financing according to requirements of constructing a harmonious socialist society, and take effective measures in creating the public finance expenditure system, establish the public finance idea and adjust the finance expenditure structure; deepen reform in finance budget management system, improve the usage performance of financial funds; perfect non-tax income management, and promote perfection of the finance expenditure system; continue to deepen state-owned assets reform so as to lay the foundation for construction of the public finance system and better promote construction of the public finance expenditure framework in China.