The Study On Local Government Stated-Owned Capital Operating Budget Management

State capital budget, as an important part of the government budget, is a typical government behavior. The government is the owner in this process. It usually takes two ways of incremental allocation and stock adjustment mode. In order to promote the development of state-owned operation budget management, the government introduced a series of policies and measures for the planning of the actual work. For example, in2007the State Council issued a special "State Council on the Trial of State Capital Budget". In2010, Finance Department of Jiangsu issued and made the "Jiangsu Capital Provincial State-Owned Capital Operation Budget Preparation and Reporting Measures" happens. In the state capital budget reflecting the budget period, the state-owned capital management objectives reflect the financial arrangements for the management of state capital plan which reflects the SASAC as a functional role. For a long time, the existence of certain state-owned capital operation budget management issues a lot. Visibly, establishing the system of state-owned capital budget is to deepen China’s fiscal reform, and to promote China’s dual budget to meet the continuous improvement system development needs. This paper is mainly studied in Wuxi City, and issues are related to local government-owned capital management budget management.In summary, this essay takes Wuxi City as an example, to analyze the effectiveness of the background and related theories of local government and state-owned capital operation budget management, and to improve our local government management of state-owned capital operation budget commission recommendations.