Research on the influence of China's transfer payment system on the equalization of basic public services

Xiaoqian Guo Wei Wang 1, 2, *

1 Central University of Finance and Economics, Beijing.
2 University of Science and Technology Beijing, Beijing.
 
Research Article
World Journal of Advanced Research and Reviews, 2022, 13(03), 055–062
Article DOI: 10.30574/wjarr.2022.13.3.0202
 
Publication history: 
Received on 25 January 2022; revised on 01 March 2022; accepted on 03 March 2022
 
Abstract: 
Realizing the equalization of basic public services is of great significance for promoting social harmony and narrowing the regional development gap. Since 2006, China has officially proposed "equalization of basic public services" Since then, the gap of basic public service level between the eastern and western regions of China has narrowed year by year, but inequality still exists. Transfer payment system is the most important policy tool to realize the equalization of basic public services in China. This paper uses the variation coefficient method to analyze the internal reason for the narrowing of the gap, that is, the impact of China's transfer payment system on the equalization of basic public services. On this basis, in view of China's national conditions and foreign successful experiences, this paper puts forward some countermeasures and suggestions to improve the transfer payment system and promote the equalization of basic public services from the aspects of establishing a sound legal system, normalizing the direct fund management mechanism, and clarifying the division of routine powers and responsibilities. 
 
Keywords: 
Transfer payment; Basic public services; Equalization; Variable coefficient
 
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