Abstract
In the process of the further transferring of economic and social development space to the counties in China, the County Administrated by Province Reform takes the important responsibility of solving the problem of improving the county economic performance and improving people’s livelihood security system of counties. Based on this, this paper investigates the Chinese reform of the financial system under the province from two aspects: the basis of the operation of the county administrated by province and the main motivation of the reform. The study finds that the county administrated by province reform is a reform based on county-level government. The fundamental reason is that the deficiency of system changes causes the county-level government’s expenditure responsibility to be inconsistent with its income, and the huge financial pressure is difficult to support the county’s effective and balanced development.
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CITATION STYLE
Liu, X. (2018). The Foundations and Reasons of County Administrated by Province Reform: Analysis Based on County Economy and People’s Livelihood Perspective. Modern Economy, 09(11), 1898–1907. https://doi.org/10.4236/me.2018.911119
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