Study on the Public Finance Policy of the Sport Facility of Cities in China

With the development of China's social economic, there are more and more events held in various cities of China, which has given birth to major sports venues' construction.But it also produces a series of problems.From the theory of public finance, this paper analyzes the various problems existing in the current China's major sports venues and its causes.This paper suggests that the major problem is venues' poor operational performance after events, regional financial risks increased, corruption and waste.The causes include the promotion competition of local leaders and the moral hazard, the current financial systems' offside and absent, less constraints of venues' public finance budget, and lack of the integrated use of finance policy.And then put forward some targeted suggestions accordingly.