Employed quantitative research method,based on the county level data in Guangdong province,the paper argue that fiscal transfer significantly stimulate the county level finance to increase the expenditure on the education and administration.

The paper puts forward some countermeasures to increase county level finance: establishing the concept of market, stressing main tasks, strengthening management, building and improving the projects of financial sources, and fund controlling system as well.

It holds the view that those problems cannot be resolved thoroughly by the recent reform of the county finance.

In order to study the financial problems of the province-county system,the province-county finance organizational reform questions have been analyzed by using the system economics.

This paper expounds the contents of the equalization of basic public services, analyzes the present situation of county-level finance and the difference between the current finance and the the public finance, and puts forward some ways for constructing the county-level public finance.

The condition of the cancellation of township level finance is already mature,We can took the cancellation of the town-level finance be the breach through point of t.

The paper analyses the current situations of main local taxes and the problems of fiscal balance of China\'s municipal public finance,proposes that the main local taxes be decided according to the level of economic development and its tendency and the goal of reform.