Author(s)

Lu Qin

Corresponding Author

Lu Qin

Abstract

At present, China has entered a new era and its economy has entered a stage of high-quality development. It is necessary to put forward fiscal propositions that better meet the people's needs for a better life, focusing on adhering to the people-centered development idea. Based on the dynamic evolution of financial development, according to the inherent logic of finance, a theoretical analysis framework for financial development and fiscal expenditure structure is constructed, which can explain the economic growth mechanism jointly generated by the capital mechanism and monetary circulation mechanism of financial and fiscal participation, and continue to explore the possibility of moving towards the goal of high-quality economic development from the perspective of structural changes and practical interpretation of financial development. Financial development aims to provide the economy with funds that meet expected standards and continuously improve their quality and efficiency. Therefore, it is necessary to strengthen risk control based on the internal circulation of financial quality, construct the mechanism of interaction and coordination between financial and fiscal quality perception, and establish the evaluation system of finance to achieve high-quality financial development, promote high-quality economic development, and truly meet people's expectations for a better life.

Keywords

Financial development; Fiscal expenditure structure; Economic growth; High-quality development