Performance Of China's Intergovernmental Fiscal Transfer Payment

Since China carried out the policy of reform and open, national economy has kept developing at high speed; the international competitiveness and life level of Chinese people have improved greatly. While during the period, social fair problems such as interpersonal income gap, income gap between urban and rural areas, regional income gap, etc. are outstanding day by day. The problem has become an obstacle for China to develop further. Intergovernmental financial transfer payment is a key tool that the government participates in society's reallocating and carries out macroadjustment and control for financial resources. It plays an important part in balancing public service and financial capacity differences between regions.This text regards performance of inter-governmental transfer payment as the research object, analyses effect of transfer payment in nanowing financial capacity disparity under area, equilibrating longitudinal financial capacity and structure, promoting the whole economic growth and realizing the social fair, and finally puts forward some suggestions to improve transfer payment system. The study of above problems has theoretical and realistic meaning. This article is divided into six parts totally:Part one: The introduction discusses the background and the purposes of the subject to show the value of the research. And the paper tells a story of the development concerning the subject.Part two: Firstly, the theoretical foundation and concerning conceptions for the research have been expanded. Secondly, analyses the development condition and problems of transfer payment in our country.Part three: The horizontal finance balance performances analysis of the intergovernmental fiscal transfer payment in china. The effectiveness for narrowing the differences of the financial capacity among the regions has been analyzed, and examines the real example to the equal result of horizontal finance balance of the sub-item of transfer payment in this part.Part four: The vertical finance balance performances analysis of the intergovernmental fiscal transfer payment in china. The effectiveness of finance equilibration between the central government and local governments is researched; Secondly, analyzes the transfer payment effect on levying taxes of local governments.Part five: The overall effect analysis on the transfer payment. Firstly, the effect on economic growth is analyzed; Secondly, the action on social fair is analyzed.Part six: Some suggestions for improving the intergovernmental fiscal transfer payment in china. They includes: optimizing and adjusting the structure of fiscal transfer payment; the equilibrium of efficiency and fair; building up mechanism encouraging of levying taxes of local governments; building up performance evaluation and appraisal system of fiscal transfer payment; accelerating standardized and legal construction of the transfer payment system.Combining canonical parse and positive analysis, qualitative and quantitative analysis, historical and logic analysis, this paper makes thorough study on cause, problems and development situation of the financial transfer. And finally puts forward some suggestions to improve transfer payment system.Herein innovation lies in researching on performance of inter-governmental financial transfer payment systematically, comprehensively and thoroughly, especially conducts research to effect of the sub-item of transfer payment, and analyses promotion action of transfer payment to economic growth, and finds out the promotion action does not contradict the goal of social fair, but complementes each other. Due to the limitation of grasping information material, the analysis of some parts is still not deep enough, need improving and hard working in the future.