I History 

In September 2012, the Center for China Fiscal Development was founded to meet China’s major demand for fiscal development and reform, as well as the needs to integrate the development of economy, politics, culture, society and eco-civilization. Under the direct leadership of the Ministry of Finance, Central University of Finance and Economics (CUFE) took the lead to establish the Center together with Shanghai University of Finance and Economics, Zhongnan University of Economics and Law,  Dongbei University of Finance and Economics, Jiangxi University of Finance and Economics, and Shandong University of Finance and Economics. Apart from those universities, National Accounting Institutes in Beijing, Shanghai and Xiamen, research institutes affiliated to the Ministry of Finance, State Administration of Taxation, Chinese Academy of Social Sciences, as well as world-famous fiscal and tax research organizations also joined the effort to establish the Center. 

II Mission and Vision

The Center for China Fiscal Development serves as a key research facility of CUFE and a second-tier training entity for CUFE’s postgraduate students. The Center aims at expanding the “China Model” in the world’s fiscal development so that China can boast full confidence in its path, theory and system regarding its fiscal development and reform. Ultimately the China school of fiscal theory will be formed, and this Center may become a think tank of finance and economics with world-wide influence. 

 The Center envisions itself to break through the conventional positioning of a think tank of finance and economics, and learn from the development of the leading schools and departments.  The School of Public Finance and Tax is a leader in inheriting the strength of public finance discipline, and consolidating quality resources; the three major platforms in the university have built sound and long-term cooperation relations with the foreign counterparts and have introduced to China the advanced resources such as academic research and talent. While drawing on the strengths of others, the Center, as a collaborative entity for innovation, is taking the lead in innovations in fiscal theories, scientific research and teaching. 

III Featured Outcomes

1. Building platforms 

Through years of efforts, the Center has found its own features in theoretical research, platform building and talent training. Currently the Center has built the basic research framework focusing on the New Public Finance, public finance system of big modern countries as well as international fiscal and tax policies. Based on this framework, specialized research teams and platforms have been established to study basic theory, international taxation, budget, national defense, health, energy, PP, regional coordination, and public finance history. 

2. Scientific Research

The Center has established a team-based scientific research platform. Currently it has 14 teams whose research fields cover a variety of topics including public finance and tax, health and economy, climate and finance, national defense and economy, etc. Meanwhile, as the secretariat which was co-built by the Ministry of Finance and as its strategic partner, the Center has actively explored and deepened its cooperation with various departments and bureaus under the Ministry of Finance, and carried out multi-dimensional and multi-level collaborative innovation with them in a holistic manner. By leveraging the research capacity of the universities, and building high-level platforms and cooperation with the Ministry of Finance, the Center is keen on providing intellectual support for researching and developing fiscal policies and promoting the collaborative innovation and mutual progress in theoretical research and policy design.

3. Education

In CCFD, we are passionate about quality graduate education, faculty-student collaboration, and innovative research in fiscal science. Our students examine a range of public finance research— including economics, political sciences and sociology, the viability of big data and documents analysis methods—to understand the field’s contributions to the amelioration of social and fiscal problems and to the formulation of fiscal policy.

The commitment to cross disciplinary scholarship is underlined by our distinctive combination of politics, sociology and economics within CCFD, which attracts students interested in public finance and the global socio-economics development and affords our graduates a unique edge.