TITLE:
Study on Fiscal Transfer Payment System Reform in China—Based on the Perspective of a New Road to Urbanization
AUTHORS:
Shiqin Guo, Jie Zou
KEYWORDS:
Transfer Payment, System Reform, New Road to Urbanization
JOURNAL NAME:
Modern Economy,
Vol.6 No.8,
August
6,
2015
ABSTRACT: With rapid development
of urbanization after China’s reform and opening up, the transfer payment
system has been reformed and improved constantly since it was implemented in 1995.
But through empirical analysis on the implementation effect in this article, we
find that the objective of China’s transfer payment system is not effective
realized. After further discussion on the current transfer payment system and
problem analysis, we find there still are defects in the structure setting,
measuring system, capital allocation method and other aspects. As a result, the
article takes factor method as the breakthrough point to further reform and
optimizes the current transfer payment system, and gives the corresponding countermeasures
and suggestions to promote the healthy development of China’s urbanization.