Abstract: China’s sport finance is transforming towards people’s livelihood orientation, but the sprots authorities have only stipulated the scope of application of financial funds, without paying any attention to the applicability and relevance of policy implementation, thus the malpractice is gradually appearing. Through a comprehensive analysis of the allocation of rights and liabilities of sports public services, the flow of funds and the framework of laws and regulations, this paper believes that the system of sports undertakings has been used to taking competitive sports as the focus of its work and the athletic performance is still the leading indicator to measure the performance of the sports departments. The public welfare fund of Chinese sports lottery is spent too much in other areas of social secutities, the local public welfare fund from sports lottery is hard to reach the grassroot communities. Therefore, it suggests that the use ratio of the public welfare fund from Chinese sports lottery should be extended more to the sports undertakings, that the sports authorities should walk away from the closed and isolated state, and that a cooperative sports public financial system should be gradually formed with well defined powers and responsibilities.

Key words: sports public finance; financial policy; routine power; financial power