[straight news network Beijing on August 25 news] (PRC - People's daily) recently, the State Council issued the "on promoting the central and local fiscal powers and expenditure responsibilities to reform the guiding opinions" (hereinafter referred to as the "opinions"), to promote the central and local fiscal powers and expenditure responsibilities to reform the make the overall deployment.

"Opinions" pointed out that the financial governance is a level of government should assume the use of fiscal funds provide the tasks and responsibilities of the basic public services, expenditure responsibility is government to fulfill its financial powers spending obligations and security. Rational division of the central and local fiscal powers and expenditure responsibilities is effective government provides the prerequisite and guarantee of basic public services, the establishment of a modern financial system is an important content, is the objective needs to promote the modernization of national governance systems and governance capacity.

"Opinions" requirements, promote the central and local fiscal powers and expenditure responsibilities to reform the, to adhere to the road of socialism with Chinese characteristics and the party's leadership, adhere to financial governance is decided by the central, insist to improve the socialist market economic system, adhere to the road of the specification of the rule of law, adhere to actively and steadily promote co-ordination. To followed reflect the basic public services benefit scope, taking into account the functions of the government and administrative efficiency and achieve benefit accrual to unify, the incentives of local government initiative as expenditure responsibilities and fiscal powers to division principle, scientific and rational division of central and local fiscal powers and expenditure responsibilities Ren, forming the central leadership, reasonable authorization, standardize, efficient operation of the central and local fiscal powers and expenditure responsibility division model, implementation of basic public service provides the responsibility, improve the efficiency of the supply of basic public services, promote all levels of government to better the performance of their duties.

"Opinions" clear, the first is to promote the central and local financial power division. Modest strengthening the central fiscal authority, guarantee the local performance of financial governance, reduce and regulate the central and local common fiscal powers, establishment of financial division of powers dynamic adjustment mechanism. Two is to improve the responsibility of the central and local expenditure division. The central fiscal authority by the central assume expenditure responsibilities, the finance of the local authority by the local bear expenditure responsibilities, central and local common fiscal powers according to the properties of basic public services, the distinction between division of expenditure responsibilities. Three is to accelerate the provincial fiscal powers and expenditure responsibilities. The suitable borne by a higher level of government to maintain regional economic and social stability and promote the coordinated development of economy and basic functions of public service on the move, will be suitable for play a basic public service functions of management information, the advantage of the downward from the government at the grass-roots level, and according to the provincial financial power division, the financial system and grass-roots government financial situation, to determine a reasonable expenditure responsibilities at all levels below the provincial government.

"Opinions" requirements to strengthen and reform to promote synergy, 2016 selected foreign affairs and national defense and other fields launched the first central and local fiscal powers and expenditure responsibilities to reform the. 2017 - 2018 for the education, health care, environmental protection, transportation and other basic public services to achieve a breakthrough in the field of public service. 2019 - 2020 years basically completed the reform in key areas, combing needs to rise for the contents of the laws and regulations, timely make to amend the relevant laws and administrative regulations, to promote the formation of a protection of the central and local financial powers and the expenditure responsibilities of scientific and reasonable legal system. 3

(original title: "on the central and local fiscal powers and expenditure responsibilities reform guidance" issued)

Editor: Xiao Shen

Interpretation of the news hot spots, showing sensitive events, more exclusive analysis, in the "things" WeChat, scan two-dimensional code free reading.