bet365 Play online games Build a clear -government intergovernmental financial relationship、Improve local fiscal governance，It is the fundamental requirements for modernization of the national governance system and governance capabilities。Increased local tax autonomy and increased transfer payment scale as the two local fiscal governance methods exist in their own advantages and deficiencies。Take the reform of the fiscal system of the direct management county in my country as an opportunity，Analysis of these two local fiscal governance methods on the revenue and expenditure of local governments in a relatively unified analysis framework.。Research shows that the reform has increased the scale of local tax autonomy and transfer payment，That is to practice these two methods of governance at the same time; as a financial governance method of "granting people"，Increasing local tax autonomy can curb the moral risk and cost passing behavior of local governments，Improve the level of local financial resources、Containment of local expenditure expansion，Therefore, it has significantly enhanced local fiscal self -sufficiency; as a financial governance method of "granting people"，The increase in the increase in transfer payment has the opposite effect -this negative incentive effect played a leading role，As a result, the reform of the provincial direct management county has significantly weakened local financial self -sufficiency，Not conducive to the improvement of local financial and political management。This is a good revelation for the optimization and adjustment of the current financial relations of the central land。

　　Keywords:Local fiscal governance  Financial self -sufficient ability  Tax autonomy  Transfer payment  Provincial direct management county fiscal system reform

    Author Liu Yongzheng，The School of Finance, Renmin University of China、Associate Professor of China Financial and Financial Policy Research Center; Jia Junxue，The School of Finance, Renmin University of China、Professor of China Finance and Financial Policy Research Center; Ding Siying，Doctoral student at the School of Finance and Finance, Renmin University of China。(Beijing  100872）