International Analysis of the Fiscal Efficiency Characteristics of Guangdong Special Economic Zone-Based on Korean Indicators

The purpose of this paper is to combine the existing local government financial efficiency system between Korea and China, and to combine a new system to study the financial efficiency of Guangdong’s Special Economic Zone. The system is applied to the local financial efficiency analysis of three special zone cities in Guangdong Province. This paper analyzes the data information of the Index of Local Fiscal Efficiency in Three Special Economic Zones of Guangdong Province between 2015 and 2019.The comparative analysis method is used to analyze the problems of local finance in each special economic zone. The results showed that, Among the three special economic zones, the city with the highest local financial efficiency is Shenzhen, the second is Zhuhai, and Shantou is the worst. Conclusion show that in order to improve the efficiency of local government finance, the key lies in optimizing the local tax system structure and talent structure, the good local tax system structure ensures the financial soundness, and the good talent structure can make the local financial efficiency grow steadily.