Research on the Relationship of Government Fiscal Revenue and Social Security Expenditure

The rapid growth of China's economy since reformation has attracted worldwide attention, among those various types of reformation, the measure of central government's delegation of its financial power to local government is considered as one of the important factors that contribute to the astonishing economic growth. However, this measure also caused competition among regions as well as differences among each region in economic scale. In China with a ageing population structure, social security expenditure is always an important item among its local financial expenditures, and the burden of local finance. This article mainly researches whether various fund expenditures in security system are affected by the differences of development level and economic scale among each province, city and area in China. It summarized the development history of China's security system, analyzed its problems existed, and summed up the relationship between social security system and government fiscal revenue.