Professor Wang Qiao Appointed Associate Editor-in-Chief; Public Finance in China Published as Part of the “China Series · Economics” Textbooks

Recently, Public Finance in China, a textbook in the “China Series · Economics” under the Key Textbook Development Project for Original Chinese Philosophy and Social Sciences, was published and distributed by Higher Education Press. Professor Wang Qiao of JUFE served as Associate Editor-in-Chief of the textbook. Professor Wan Ying, Professor Xiao Jianhua, and Dr. Wu Zongfu participated as contributing authors.

The textbook was organized and compiled under the guidance of the Ministry of Education and has been approved upon review by the National Textbook Committee. During the compilation process, it received expert guidance from the Expert Committee on Philosophy and Social Sciences in Higher Education (the Marxist Theory Research and Development Project), the Expert Committee for Ideological and Political Review, the Economics Subject Expert Group, and the Expert Group for the Review and Guidance of Economics Textbooks. In addition, extensive feedback and suggestions were collected from university faculty and students.

As an economics textbook in the “China Series” of the Key Textbook Development Project for Original Chinese Philosophy and Social Sciences, this volume was organized by the Ministry of Education and compiled by Zhongnan University of Economics and Law. Professor Yang Canming of Zhongnan University of Economics and Law serves as Editor-in-Chief, with Professor Ma Xiao of Southwestern University of Finance and Economics and Professor Wang Qiao of our university serving as Associate Editors-in-Chief. The textbook is among the first batch of officially published Chinese economics textbooks. Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, it applies Marxist methodology to analyze China's fiscal issues in a fundamental manner, comprehensively graspes the core characteristics of public finance theory, and contributes to building an independent knowledge system of public finance in China.

The textbook is structured as an “Introduction + 14 chapters + Conclusion.” Its main contents include: Introduction; Public Demand and Public Goods; An Efficient Market and an Effective Government; National Governance and Fiscal Functions; Overview of Fiscal Expenditure; Purchases of Goods and Services; Transfer Expenditures; Overview of Fiscal Revenue; Principles of Taxation, Tax Effects, and China's Tax System; Non-tax Revenue; National Budget; Intergovernmental Fiscal Relations; Fiscal Coordination and Assistance among Local Governments; Coordination between Fiscal and Financial Policies and Joint Prevention and Control of Risks; Major-Country Public Finance and Global Governance; and Conclusion. The textbook is positioned primarily (1) as a core-course textbook for undergraduate economics majors at higher-education institutions, (2) as a theoretical reader for the study of public finance, and (3) as a theoretical reference for general readers interested in China's public finance.