Orientation of Fiscal Policy Transition in China and FinancialRegulation with Rural Education as the Focus

Fluctuating economic cycle and government macro-adjustment are phenomena going with the market economy. The classical theory has formed financial countermeasures at the period of economic low or top, but neglected policies at the economic turning points. China is entering a new stage of economic growth and its fiscal policy must be shifted to steady fiscal policy from positive fiscal policy. The steady policy means the change of goals, means and manners of financial regulation. The goals of steady fiscal policy should be changed from pure pursuit of increase rate to broadening of employment. The former administration-like direct regulation should be changed into indirect regulation of enterprises through the market. At present, the focus of financial regulation would be developing rural education in order to help realize the steady transition from short-term fluctuation in economy to long-term growth and lengthen the economic rise period.