China's Modernized Finance Management System:Feature and Construction

Finance governance is the important part of national management system,is to co-maintain financial order,institutional arrangement and interaction to promote finance development by the participators of all kinds of financial activities under national governance system framework,as a result,the governance of finance by laws,market-oriented governance,double openness,risk controllable,clear right and responsibility are five basic standards to measure China's finance management modernization. At present,China's finance management is short of top design and legal framework,has not formed diversified management pattern,needs to improve its supervising duty and supervising coordination and does not have clear boundary between government and market. China should let middle and long-term plan legislation play a role in the perfection of national finance management,optimize several important relations in China's financial management system,give fully play the determination role of market in financial resources allocation,complete the evaluation and improve mechanism for national financial management system,establish risk early-warning system and financial safety network and make time table and route diagram for financial management system modernization.