Modernizing the National Financial Governance System

Ye Qing

　　Abstract: It is widely held that the Decision of the Third Plenary Session of the Eighteenth National Congress of the CPC is the most important reform-related document in the last decade. Among all the reforms, the fiscal reform has the most rich and comprehensive content. Some controversial problems have also been fully affirmed in the Decision, and some traditional views have been overturned. The content related to financial reform in the Decision fully reflects the modern governance concept, and has strong guiding importance and practicability. At present, it is of great significance to standardize the tax functions and resolutely abandon the "theory of taxation as a task". At the same time, the Decision requires to establish evolving budget system and delink the statutory expenditures from GDP. In addition, the government needs to strengthen reform in the government financial report, debt management and risk early warning mechanism, transfer payment and tax laws in light of the guiding principle of the Decision.

　　Keywords: financial reform, financial governance, powers of the central government, accrual basis

　　葉青，中南財經政法大學財政稅務學院教授、博導，第十屆、第十一屆全國人大代表。研究方向為中外財政比較和中國財政史。主要著作有《財政與會計關系史研究》、《德國財政稅收制度研究》、《地方稅政策通論》、《中國稅收征管理論與實踐》等。