关键词: 地方政府消费券, 财政法规制, 地方财政, 预算管理

Abstract: In the context of COVID-19 epidemic, in order to stimulate market recovery in catering, tourism and other sectors, the local governments transfer purchasing power to the public in the form of consumption vouchers, so as to improve the marginal propensity of the public to consume in the short term. At present, there exist some problems in China's financial system to regulate the issuance of consumption vouchers by local governments. In the external link of the issuance, such issues as the scattered responsibility departments, the not-traceable bidding process on the e-commerce platforms, and the non-transparency of the audit standards for contract merchants are gradually highlighted; in the internal procedure link, the procedure of“decision making-checking-implementation-supervision” is not included and constrained in effective regulatory documents, there also exist such problems as the softened budget constraints, the separation of decision-making power and budgetary power, and the lack of recovery and liquidation procedures. In order to realize the constraint on all the subjects in external links and the reasonable arrangement under the internal procedures, a regulation system of consumption coupons based on local authorities and supported by the central government should be built, the technical participation of e-commerce platforms should be viewed dialectically, and the technology black boxes should be prevented strictly while using the technology bonus. In terms of budget setting, the fiscal expenditure structure should be adjusted in the orientation of public risks, the integration of the decision-making power and budget power of the budget expenditure policy should be strengthened, and the recovery and liquidation of fiscal funds should be realized through the statistical liquidation of consumption vouchers, thus forming the financial supervision of issuing terminals.

Key words: government consumption vouchers, financial regulation system, local finance, budget management