The Study On The Concept And Mechanisms Of People’s Livelihood Public Finance

People’s wellbeing was constantly put forward in the2011NPC and CPPCC which is also the main focus of the government report and representative committee members. In addition, the minister of the finance Xie xuren announce that about two-thirds of the central government expenditure will be spent in improving of people’s wellbeing to attain the goal of building a harmonious society in which all people are well educated, workers well paid, patients well treated, elders well tended, and families well accommodated. All these demonstrate that our country is making great stride towards the era of "finance of people’s wellbeing" For a long time, our country is the typical "finance of construction". Most of the finance was spent in the economic construction. Although,in recent years,the government has enlarge their investment in education, medicare, health and housing,it is still not enough to meet the increasing material and cultural demands of the people. With the growth of national income, the people’s consumption level also constantly elevated. The transformation from "finance of construction" to "finance of people’s wellbeing" is undoubtedly of epoch-making significance. Certainly, the finance of people’s wellbeing is not the total repudiation of the finance of construction those two are actually supplementary to each other. This paper selects finance of people’s wellbeing as the object based on the above analysis. This thesis attempts to demonstrate the connotation, the current study and the existing problems of the finance of people’s wellbeing to construct the conceptual framework of the finance of people’s wellbeing.Firstly, this thesis gives the concept of finance of people’s wellbeing based on the relevant studies home and abroad. Finance of people’s wellbeing refers to the Financial revenue and expenditure activity or financial operating mode generating from the ordinary government service and public service provided by the government. This paper gives an analysis of the Hebei Province’s capital investment and system construction combined with our nation’s present situation of the construction of finance of people’s wellbeing and then analyzed the existing problems of the construction of finance of people’s wellbeing.Secondly, the paper proposes the basic framework and structures of the construction of finance of people wellbeing indicating the four mechanisms of building the finance of people wellbeing:income safeguard mechanism, expenditure division mechanism, performance evaluation mechanism and system security mechanism, and the thesis points out the concrete measures in constructing finance of people’s wellbeing which is the main part of the thesis. In the last part the paper gives the conclusion and makes the prospect.Currently the building of People’s livelihood finance can not be promoted alone. It must be combined with democratic decision-making system as legal environment, budget system as technical support and corresponding tax system and supervision mechanism as guarantee. Therefore, the paper put into the research system the budget system and expenditure performance assessment system etc. and put forward the corresponding countermeasures so as to form a feasible and systematic research countermeasures, which provides a new theory and exploration channel for the building of the people’s livelihood finance.