China's Fiscal Transfer Payment System Research

At the 17th Central Committee of the Communist Party of China (CPC), The CPC highlights the new requests for the building of a well-off society in an all-round way. The CPC also efforts in enhancing the development coordination in order to realize the economy development good as well as quickly and speeding up the development of society enterprise to improve the lives of the people in an all-round way. As for financial system, it needs to deepen the restructuring for fiscal and taxation systems, banking system and so on, to consummate the macro control system. The core of fiscal and taxation systems restructuring is to implement the necessary reform for the national public, building a scientific and reasonable system for the financial shift payment, balancing the areas' financial difference and promoting the equality of the area's public services, which would further to satisfy people's basically demotions better. Those requisitions were also explicitly proposed in the report: to consummate the macro control system by revolving the advancement basic public service to be equal and the main body function region construction. To perfect the central and place's financial resource and governance match system, speed up form an unification standard transparent finance shift payment system, enhance the general shift payment scale and proportion, and enlarge the public service domain investment. To perfect the province and below financial system, it must enhance the basic unit governments ability for providing the public service. So, says from the legal angle, establishing a scientific and reasonable legal system for financial shift payment, which was the objective requests for effectively resolving social justice questions, maintaining the social stability and promoting economic society's sustainable development, has became an urgent matter. It relates to if the economy could develop good as well as quickly and the grand goal's realization of the comprehensive construction well-off society.The legal system of financial transfer payment refers to a financial fund transfer or financial fund balance. It takes the financial ability differences which exist in all levels governments as a foundation and try to realize each area's public services level equally.The paper includes three parts: introduction, body and conclusion.The introduction introduces the background information of the paper, the domestic and foreign reference books.The body of this paper, which has four chapters, attempts to start with the basic theories to analyze the present situation and main problems which exist in our system of financial transfer payment and draws lessons from the success of foreign countries. Then it puts forwards several conceptions about how to establish our system of financial transfer payment.In this paper, the author using the theories of economics and jurisprudence and the research methods of apply theory to reality, comparative analysis, historical analysis and so on, attempts to propose several advices for our system of financial transfer payment's constructive legislation.The conclusion summarizes the entire paper's viewpoint.