Ethical Inquiry on China's Public Finance

There have been existed lots of theories about public finance since our country proposed officially public finance in 1998,but most of discussion was focused on the economic growth,which makes us understand public finance biased in the efficiency and productiveness.In fact,which aspects of fiscal revenues and expenditures should concentrate,is more an ethical question than economy.Therefore,we should analyze the ethical nature from the democratization,public goods and marketization of three basic characteristics of public finance,and build ethics of public finance by means of laws and regulations,budget development,balance of payments adjustment,in order to play the real role of public finance in market economy and achieve a better life for individuals and clusters,as well as the harmonious development of society and economy.