Nowadays, financial issues such as tax reduction policies, levying property tax, and local debts, etc. are frequently covered in newspapers, which has sparked heated discussions in the society. These issues are closely related to the entire fiscal system. As the Chinese economy enters a new stage of development, the fiscal system needs further reform and restructuring to more effectively function as the foundation and pillar of the national governance system and to better serve economic development and people's livelihood.

On the afternoon of June 10, the editorial office of Comparison and Beijing Fund Town jointly held the symposium on "Development of China's Public Finance".

Zhang Bin, researcher and doctoral supervisor of the Institute of World Economics and Politics Chinese Academy of Social Sciences, Wang Dehua, director of the Financial Auditing Research Office, National Academy of Economic Strategy, CASS, Chen Xinping, researcher and assistant to the director of the PPP Institute of the Chinese Academy of Fiscal Sciences, and deputy secretary general of the accounting, investment, financing committee of the Society of Public Finance of China, Wang Changyong, executive director of the Changping Economic Research Institute, and experts from the International Monetary Fund shared the latest research and insights on China's fiscal policy, systems and mechanisms.