Improve The Study Of China's Financial Transfer Payment System

Social justice has always been committed to achieve a goal by governments in their own development process. This is not only related to the economy, continuous and rapid development; more related to the country's stability and unity. For our part, on the one hand, following the reform of the tax-sharing after the central portion of the financial authority delegated to local governments, so local governments can be a part of their own grasp of financial resources, however, China is a vast big country, among different regions geographically and resource conditions, such as differences in the distribution of large, lead to different inter-regional levels of economic development, making the economy is relatively developed areas of government can have a more adequate financial resources, while the economy is relatively backward areas of government are difficult to obtain assurances from discharging its duties financial resources, in turn, has led to relatively developed areas of the residents to more than the residents of the economy is relatively backward regions have more and better public services, resulting in uneven horizontal; the other hand, tax system reform in China during, gradually formed the relative concentration of financial power in the central and local governments still have to bear the pattern of a large number of powers. But the economy is relatively backward in terms of local government, its own limited financial resources, difficult to guarantee the smooth discharge of its functions, resulting in vertical imbalance. In order to achieve social justice, guarantee the smooth discharge of its responsibilities of local government to make up for the horizontal and vertical imbalance, you must use fiscal transfers to the redistribution of financial resources. However, due to the current stage of China's Financial transfer payment legal system is relatively backward, the lack of legal acts related to the main body of the constraints in the intergovernmental Financial transfer payment process exposed a lot of problems, a direct impact on the financial effect of the equalization transfer payments play. This paper will be to develop a "financial transfer payment method" to study and discuss.Based on the financial transfer payment as well as financial transfer payment legislation related to the theory, through comparative analysis of the financial transfer payment system developed at the present stage of China's fiscal transfer payment system, identify problems, and learn from the advanced experience of foreign countries, based on the on the development of China's " Financial Transfer Payment Law "some of the recommendations.The principal innovation of this article is to propose legislation in the financial transfer payment should be reflected in the principle of a concrete analysis of specific issues. In the financial transfer payment legislation should be adopted, the provisions for related matters, reflecting the principle of a concrete analysis of specific issues. Inter-governmental fiscal transfers is the higher levels of government to lower levels of government of a free allocation of funds. The purpose is to compensate local governments, the financial gap to achieve the minimum standard level of equalization of public services. But this free allocation of funds must be based on different regions of the different development needs, compliance with the principle of a concrete analysis of specific issues. On the one hand, with respect to economic development in the region, the financial transfer payment the total amount of funds should not be too much, transfer payments should focus on infrastructure construction. In addition, it should be appropriate delegation of certain powers to local governments will help fully mobilize the enthusiasm of local government income, the development of local economy; the other hand, in order to lies in ecological protection areas, the Government can appropriately increase financial transfer payment of funds, which portion of the fiscal transfer payment of funds can be used in the local ecological and environmental protection, but also can be used to compensate for the local in order to protect the ecological environment, and economic losses caused by, but also to the local nature of such projects with a welfare spillover compensation, in order to curb excessive development in the local government production, damage the ecological environment in the short-term behavior. In addition, consideration should be given the western regions, ethnic minority areas face a number of special cases, appropriate adjustments to the amount of fiscal transfers to better meet some of these places special financial funding requirements.