Now most of town governments in China endure the financial pressure in different degrees,which reflects financial revenue and expenditure problems,and the governmental polity defects.

At the beginning of reform,owing to the financial pressure,the selection of capitalpromoting growth model guaranteed the revenue of the government and relieved unemployment.

This paper holds that analyzing generation, congestion, conduction and coordination of fiscal pressures can reveal operating dilemma of public finance at county & township levels including revenue, expenditure and transfer.

In this article,the author first proved that the fiscal pressure is i ndigenous to financial liberalization.

The NPM Avenues for Promoting the Financial Capacity of the Local Governments Under WTO Frame;

From the angle of financial capacity of villages and towns, this paper thoroughly analyses the present main problems and the cause of financial capacity of villages and towns in China, dissects the internal relations between the financial capacity of villages and towns and the construction of grassroots power, and proposes the corresponding treatment countermeasures.

This paper gives a detailed description of the local government financial capacity.

Changes of State Fiscal Capacity and Financial Capacity in a Reforming China;

Research on Vertical and Horizontal Equilibrium Issue of Local Government Fiscal Capacity;

It is impossible to construct the socialism and harmonious society without the equilibrium allocation of fiscal capacity.