Research On China’s Fiscal Transfer Payment System Oversight

The financial transfer payment system is mainly aimed to solve the financial imbalance between the various regions of our country, in order to achieve equalization of public services and other targets, and implementation of fiscal transfer payment system for many years, and indeed played a positive role in its unique. But in the course of the financial transfer payment, but there’s corruption, waste and serious problem, and an important underlying cause of these problems is that China is still a lack of a complete set of norms of scientific supervision of financial transfer payment system. Our research on financial transfer payment information in this regard, although many, but devoted to in-depth study of the results from Law publicly quite uncommon. Visible, fiscal transfer payment system oversight is necessary to get enough attention, the financial transfer payment legislation as an important system building, which was clearly defined in the law also has important theoretical and practical significance. In this paper, the supervisory system for the financial transfer payment discussed this important content. This article is from the following sections to study discussed,On the first part, we discuss the need and practical significance for the general fiscal transfer payment. In this part the concept of financial transfer payment to start monitoring this paper introduces the necessity of fiscal transfer payment oversight and departure from our current actual situation, to further discuss the implementation of China’s fiscal transfer payment supervised practical significance.On the second part, we introduce the subject for the supervision of financial transfer payments were introduced. In simple terms, the financial transfer payment, including principal oversight People’s Congress, the financial sector, the audit department, social intermediary organizations. Also includes public and news media. The paper also discusses the oversight responsibilities of the principal departments pay for the financial supervision system to improve the transfer of information and provides the necessary reference.The third part introduce two aspects including the general financial transfer payment supervision and the special financial transfer payment supervise. The content of which is the financial transfer payment supervision. Specifically, the financial transfer payment is to focus on the content of the special supervision of the financial transfer payment funds for economic construction supervision and monitoring expenses, such as science, education expenses for utilities.The fourth part describes the basic procedure of financial transfer payment. We paid supervisory procedures start with the concept of fiscal transfers to start, and then discusses the system of supervision of the financial transfer payment program content, specifically including supervision of financial transfer payment approval, investigation, supervision, inspection procedures, which is the point of this article at innovation, but also pay supervision system for fiscal transfers provide a strong argument for further improvement.The last part of this article focuses on the liability of financial transfer payment supervision. Liability due to violation of legal right s or breach of statutory duty caused secondary sexual primary legal obligation that is due to the breach of statutory obligations incurred. First introduced as a national law "constitution" has the relevant provisions on the supervision of financial transfer payment. Secondly, elaborated administrative liability due to the illegal administration or as a result of improper administration. Finally, elaborated criminal liability because the Authority is not in place, or caused by negligence.