Asymmetry of central and local financial authority and powers of the local government transfer payment system becomes the basic means of matching with the financial power, which aims to make up for the longitudinal intergovernmental fiscal imbalance and horizontal fiscal imbalances. But China＆#39;s fiscal transfer payment by the system induced change, design defects, responsibility and expenditure of separation and other reasons, there are problems of inefficiency, operating efficiency, unreasonable structure, low leakage of normative level, p...
