THE RESEARCH ON THE REFORM OF GOVERNMENT FISCAL SYSTEM IN MAINLAND CHINA

• Main Authors: Wen Li, 李文
• Other Authors: Chien-Sen Huang
• Format: Others
• Language: zh-TW
• Published: 2008
• Online Access: http://ndltd.ncl.edu.tw/handle/57913439353932655154

碩士 === 銘傳大學 === 經濟學系碩士在職專班 === 96 === Since the implementation of economic revolution in 1978, Mainland China demonstrates the strong growth momentum, with the incremental amount of foreign exchange of USD 4,619E in 2007. The Mainland China economy has been the critical position in the world economic growth, with the growth of GDP in 2007 reaching 11.4%, the highest moment since 1995. The standpoints from the growth of GDP as well as the growth in foreign exchange are just two single ways to realize the Mainland China economy. There are four tough issues in China’s fiscal system, including the imbalance of fiscal system, the challenges in fiscal system and financial system, the impact of the expanding fiscal policy and government debts, and the huge loss of enterprises controlled by China government and fiscal deficit. Our research suggests the following four strategies for China’s fiscal system: 1. To lower the percentage the expenditure for the public construction in cities, with the introduction of capital, foreign technologies, and management by the system of BOT or BT system. 2. To keep the expanding monetary policy and fulfill the full employment, covering up the bad debts of China’s commercial bank system. It’s necessary to build up the balance between fiscal policy and momentary policy, avoiding the financial crisis and assets bubble. 3. To construct the stable fiscal policy, providing public goods and increase the economic efficiency, with the BOT or BT system to lower the pressure of government budget. 4. To implement the innovation and reconstruction of enterprises owner by government. The system of funds controlled by country could be an efficient way to upgrade the industry and hold the greatest resources and technologies, especially at the amount of China’s foreign change.