Fiscal Reform in China is a focused study of China's fiscal system reform from 1978 to 2008. China's fiscal system has played a considerable role in supporting all kinds of reforms, such as rural reform, state-owned enterprise reform, and price reform. At the same time, China's fiscal system has also witnessed dramatic restructuring in terms of the scope and structure of fiscal revenue and expenditures, the fiscal relation between the central and local governments, the fiscal policy, the fiscal management system, and the fiscal decision-making mechanism. The reform helped unleash the dynamics of the enterprises and contributed to the formation of the market economic system. Specific reform measures introduced cover the tax system, revenue sharing, departmental budget, management of government revenue, and expenditures.