STUDY ON THE SITUATION OF AND PROBLEMS WITH THE LAW OF FINANCIAL PUBLICITY IN CURRENT CHINA

Financial publicity is a must for the establishment of policy,the launch of macro strategy and the conduct of public management.It also meets the needs,on the part of the public,of understanding government financial situation,measuring government achievements and evaluating its commitment to trusteeship task.To meet the need of developing socialist market economy,our State has launched a series of reform in financial management,and has enacted laws and regulations concerning financial management and financial publicity.Consequently,the state has become rather experienced in the fields abovementioned,which proves rather significant in directing current financial management and national economic development. Nevertheless,academic studies concerning financial publicity leave something to be desired.The article deals with the situation of and problems with the law of financial publicity in current China.