Exploration and Practice of Financial Reform (Volume 1 and 2)

Author: General Office of the Ministry of Finance
Publisher:
Publish Date: 2002-08-01
Features: In recent years, in accordance with the requirements of the Party Central Committee and the State Council on establishing a socialist market economy public finance framework, China has continuously strengthened fiscal reforms. Building upon the further refinement of the 1994 tax and financial system reform, major reforms such as the tax and fee system, the two-account management system for revenue and expenditure, departmental budgets, centralized treasury collection and payment system, government procurement system, and income tax revenue sharing have been introduced. These reforms have further standardized fiscal allocation relationships, improved the functions of fiscal revenue, adjusted the structure of fiscal expenditure, enhanced the support for key expenditures, promoted financial management in accordance with the law, strengthened fiscal management, and improved the efficiency of fiscal fund use, playing a positive role in promoting the coordinated development of the economy and society. In the process of advancing fiscal reforms, regions and departments have actively explored and innovated, accumulating many valuable experiences. To further promote the in-depth development of fiscal reforms, we have compiled and organized the speeches by leaders, as well as the conference exchange materials submitted by various regions, from the National Fiscal Reform Experience Exchange Conference and General Office of the Ministry of Finance Work Conference held in Beijing in late June 2002. This collection aims to present the vibrant practices and explorations of China's fiscal reforms from multiple perspectives, facilitating mutual learning, exchange, and reference among all parties.