| Reform of tax in1994has played a positive role to stimulate local economicdevelopment and the expansion of local financial resources,reform of the tax system hasbeen clear about the pattern of tax revenue between the central government and localgovernment,but for local financial resources allocation under provincial level is not clearguidance framework. With the development of urbanization,the county economy andfinance must have achieved great development. Shandong province as a big province at thecounty level in our country,has made various attempts to the financial development andreform conducted, and achieved good results,in the country’s economic strengthenhancement. Therefore, in the new round of economic development, Shandong Provincewill inevitably become the object of other provinces’ concern. In this paper, starting fromthe theories of public finance, regional economics, firstly the theory of financial resourcesat the county level research at home and abroad were summarized, and then on the basis ofsummarizing the achievements of predecessors’ theory of financial resources at the countylevel of the definition, composition, indicators and county financial guarantee a thedefinition of related concepts, such as the scope and characteristics of financial resources atthe county level in shandong province and the primary fiscal defects are summarized. Inshandong province and the county financial resources and economic relations has carriedon the empirical analysis, so that we can more clearly see the impact process betweenfinancial and economic. Finally, from strengthening grass-roots economic vitality,deepening system reform and improve the grass-roots financial guarantee mechanism andso on Angle put forward a series of targeted Suggestions. |