Briefly describe the content of China s current financial management system

China's current budget revenue and expenditure classification system is designed with reference to the financial management model of the former Soviet Union, and is compatible with the construction-oriented financial management system under the planned economic system. With the development of the socialist market economy and public finance.

Answer]: A After the founding of the People's Republic of China, China implemented a financial management system with a high purity and centralized unified revenue and expenditure management. After the reform and opening up, China's financial management system has also carried out corresponding reforms, on December 15, 1993, the first issued the "decision on the implementation of the tax system of financial management", from l994, China to implement the tax system of financial management.

Beat A option is correct.

Answers]: a, b, d, e

There are four main contents of the financial management system: the establishment of financial allocation and management institutions; ** The division of inter-disciplinary powers and responsibilities for the expenditure of the code; ** Partition of fiscal revenues; ** Fiscal transfer payment system.

Answer]: b, d, e

This question examines the role of the financial management system. Option C is one of the main results of the reform of the fiscal management system under the tax-sharing system.

Answer]: As the fundamental system for dividing the financial relations between the levels of the financial management system, the financial management system is based on the definition of functions and the division of powers. ** The division of the financial chain is the basic content of the financial management system.

In the context of the inconsistency between financial power and administrative power, local finance is "stretched" and must be maintained through financial transfer payments and land sales revenue. For the inevitability of the reform of the financial system, China must first clarify what are the difficulties of the reform. 1. The division of fiscal and tax authority and financial matching.

Within the scope of their respective responsibilities, what financial rights, tax rights and administrative rights should be enjoyed by the local government is the primary problem that must be faced in the top-level design of the reform of the fiscal and taxation system. The division of fiscal and taxation authority and financial matching is related to the overall promotion of the reform of the fiscal and taxation system, and must be solidified by relying on top-level design. If the division of fiscal and taxation authority and financial matching between the first level at all levels is unreasonable, it will inevitably lead to unclear entanglement of responsibilities and rights between the first level, resulting in the institutional internal friction of fiscal revenue and the non-zero-sum game of public expenditure.

2. Hardening of budget constraints and tax collection and management. At present, the budget constraints at all levels are not hardened enough, the adjustment of final accounts is very arbitrary, and there is still a lot of room for the rule of law and the effectiveness of financial management, all of which have seriously weakened the seriousness and authority of the budget law. At the same time, in the process of tax collection and management, on the one hand, the tax department has objective flexibility in tax law enforcement, and the phenomenon of collecting "favor tax", "excessive tax", "political tax" and "adjustment tax" is not uncommon.

On the other hand, the impulse of local government performance to increase the task of taxation continues, the administrative order arbitrarily interferes in the tax law, and the personal will overrides the will of the state, and these artificial adjustment factors hinder the smooth progress of the reform of the fiscal and taxation system. Therefore, when carrying out the top-level design of the reform of the fiscal and taxation system, we should give full consideration to the actual national conditions of budget constraints and weak enforcement of tax collection and management. 3. The line of macro tax burden and micro tax burden.

If the macro and micro tax burdens are too high or too low, they are very detrimental to a country's economic operation and social stability. In the top-level design of the reform of the fiscal and taxation system, it is necessary to fully measure the macro and micro tax burdens under the framework of the fiscal and taxation system in line with the principle of cultivating financial and tax sources. It is worth being vigilant that the growth rate of China's fiscal revenue and tax revenue has been higher than the growth level of GDP and urban and rural residents' income in the same period for 19 consecutive years.

However, under the influence of the baton of economic growth, the tendency to increase taxes at all levels has existed for a long time, and if the current tax system is not reformed and improved, it will inevitably trample on the laws of the economy.

China's current fiscal system has been a tax-sharing fiscal system since 1994.

The tax-sharing system has changed the local financial contracting system into a tax-sharing system based on the rational division of local powers, and established a system of tax collection and local tax collection.

The types of taxes necessary for safeguarding the rights and interests of the state and the implementation of macroeconomic regulation and control will be listed as the first tax, and the main taxes directly related to economic development will be listed as sharing taxes, and at the same time, measures will be adopted to enrich the types of local taxes and increase local tax revenues.

Reform and improve the tax system, implement a turnover tax system with value-added tax as the main body, levy consumption tax on a small number of commodities, and continue to levy business tax on most non-commodity operations.

Unified corporate income tax and individual income tax, etc. The promulgation of the "Decision on the Implementation of the Fiscal Management System of the Tax-sharing System" further refines the division of administrative and financial powers, tax returns, supporting reforms and other policy measures between the government and the local government.

Answer]: B This question examines the type of financial management system. Since 1994, China has implemented a fiscal management system based on the tax-sharing system.