Abstract: Under the three dimensions of “government + market + society”, China is approching a stage of governance oriented financial construction. It is necessary to give full play to the advantages of the government, the market and the social organizations when dividing educational responsibility and expenditure responsibility at different levels of government. According to the public intensity of different educational services, the government’s participation is determined. In the meantime,this is no doubt to maintain the corresponding participation of the market and non-profit organizations in educational services. Under the consideration of the intensity range from private service to public service, all kinds of education are sorted into individual training, pre-school education, higher education, vocational education, high school education and compulsory education. The intensity of publicity is positively related to the powers and responsibilities of the senior government; the local government has strengths in information and direct benefit,which is the main power and expenditure responsibility subject; the central government has both power and responsibility of supervision and regulation authority. Having made good use of multiple subjects which contributes to the increase of educational supply and the reduction of financial pressure,we are able to improve the education quality by competitions when producing, supplying and consuming the education services.

Key words: governance type finance, three dimensional vision, publicity, educational authority, expenditure responsibility