1. The budget stabilization fund refers to the special funds that the central government makes up for the short-term annual budget gap by arranging over-revenue, and carries forward and arranges for use when arranging the budget at the beginning of the year according to the budget balance.

2. The central budget stabilization fund is a separate item, which is reflected in the expenditure end when arranging the fund, and in the income end when transferring the fund, and the arrangement and use of the fund are included in the budget management.

3. From the current management mode of the budget stabilization fund, it can be seen that the fund is mainly raised through two channels: the net balance of the current year's general budget and the excess income of the annual general budget. The former depends on the economic development of the year, while the latter will gradually decrease in the long run due to the improvement and standardization of the budget system, and the scale or proportion of funds transferred to the fund is not clear.

Defects of budget stabilization fund;

1, the budget stabilization fund objectively transfers part of the annual income of the current year to the next year.

2. "Balance of payments, slight balance" and "Do not transfer the income and expenditure of this year to the next year" are the provisions of the current budget law on the principles of budget preparation and implementation. Obviously, the establishment and withdrawal of the budget stabilization fund is contrary to this provision.

In addition, the budget law allows the use of surplus funds to set up special funds. However, there is no clearer regulation on the budget stabilization fund at the legal level.

4. Since 2007, the government work reports over the years only emphasized that the use of the budget stabilization fund based on the budget balance should be included in the budget management and supervised by the Standing Committee, which lacks strict legal binding force.