The Dilemma And Countermeasures Of Land Finance Transformation In Nanhai District,Foshan City

The tax-sharing system reform originated in 1994 and promoted the redistribution of income between the central and local governments in my country.The central government solved the serious financial crisis by concentrating financial power,and also led to the lack of local government revenue sources.The rise of land financial fortune not only increases the income of the local government,but also makes up for the financial gap of the local government.The essence of land finance is the means by which the government obtains land value-added benefits through the implementation of land finance functions.China’s development in the past two decades has largely relied on the comprehensive benefits brought by land finance,which also allows local governments to have sufficient funds to promote the provision of public services and complete urbanization.With the shrinking land supply,land finance has increasingly exposed problems such as unsustainable maintenance and increased debt risks.At the same time,it has also caused a series of economic and social problems,which will affect the process of urbanization in my country to a large extent.Land finance has its rationality in all stages of local development,but it needs to be constantly adjusted to meet the requirements of local development.With the continuous increase of my country’s economic volume,how to reduce the local government’s dependence on land finance and ensure that the local government has sufficient financial funds for production,construction and development is an urgent problem that needs to be solved in my country now.In recent years,Nanhai District of Foshan City,as a strong economic zone in Guangdong,has attracted the attention of all sectors of society for its rapid development of land finance.This paper adopts the methods of literature research,comparative analysis,data descriptive statistics and interviews,starting from the inherent meaning of land finance and the theoretical basis of land finance transformation research,deeply analyzes the current situation,reasons and practical difficulties of land finance development in Nanhai District,Foshan City,combining with domestic land transformation experience,finally puts forward countermeasures and suggestions for transformation,and explores new land finance methods,At the same time,it also provides reference for the land finance transformation of local governments at the district and county levels.Through the study,it is found that the economic and social development of the South China Sea region has a high dependence on land finance,which shows the characteristics of rapid expansion of land finance scale,land fiscal revenue mainly based on land transfer fees,high dependence on land finance,and land source mainly based on inventory.Because the traditional land finance is difficult to sustain,coupled with the negative impact of land finance on the society and economy of the South China Sea region,the transformation of land finance in the South China Sea region is imperative.Through the realistic predicament of land transformation in Nanhai District,this paper puts forward some countermeasures and suggestions,such as building a public service-oriented government,improving the housing security system,expanding local tax sources,and promoting comprehensive land consolidation.