Financial subsidy expenditure and social security expenditure belong to fiscal transfer expenditure. There are many similarities between them, but there are also obvious differences, mainly reflected in the relationship with the relative price system.

Financial subsidy is a kind of financial assistance provided by the state to state-owned enterprises or individual employees through special funds arranged by the government to achieve specific political and economic goals. The social security system is a social security system that guarantees the basic material life of all citizens based on certain laws and regulations and social security funds.

Tong: They are all allocated by the state, and they are all part of the state's financial expenditure.

Different: 1. According to the different objects, the financial subsidies are targeted at some state-owned enterprises and individual workers, while the social security system is targeted at all citizens.

2. At different levels, financial subsidies are an encouragement and support for key industries and key projects, while the social security system only guarantees citizens' basic material life.