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Thebookstudiesandanalyzesindepththe"e;GDP-centered"e;phenomenoncausedbythefactthatlocalgovernmentshavebeeninadominantpositioninregionaleconomicdevelopmentandtheperformancereviewandappointmentoflocalofficialshavebeenhighlycentralizedsincethetaxdistributionsystemtaxin1994,revealsthedefectsincurrenteconomicdevelopment,regionalcompetitionandpublicfinanceinChina,andproposestheidesof"e;fiscalfederalism"e;.