Research on Taxation and Financial Policies of Liaoning Regional Economic Development

Based on the relative theories of regional economic development, taxation and financial policies, establishing the model of economic development and fiscal revenue, this article carried on the statistical analysis on relations between Liaoning finance and economic development. Then, the article summed up foreign successful experience of using regional taxation and financial policies to develop regional economy, and promoted policy proposals coordinating Liaoning economic development. Above all, we should further improve the transfer payments system, fiscal equity, financial subsidies and other forms of financial security. For tax policy, we should strengthen tax laws and regulations; build management system, and implement the tax system reform and appropriate preferential taxation policies. For monetary policy, it needs reform to resolve the historical burden as soon as possible, improving operating mechanism of county's commercial banks, promoting capital market development, establishing and improving Liaoning's credit system and the system of financial institutions and organizations.