The Fifth Plenary Session of the 19th CPC Central Committee proposed to establish a modern fiscal, taxation and financial system, highlighting the important relationship between fiscal and finance. It is of great significance to integrate the system reform in the field of Finance and finance into the high-quality development of economy and society, so as to start a new journey of building a modern socialist country in an all-round way.As the two pillars of economic and social development, fiscal and finance undertake the three functions of resource allocation, income distribution and macro-control. Their synergy is the internal requirement of high-quality economic development. It is related to the realization of social equity, people's well-being and the modernization of national governance capacity. At the same time, it is also an important guarantee for building a new development pattern. Fiscal and financial coordination has rich connotation, which is mainly reflected in three aspects: policy coordination, serving the real economy and preventing and resolving economic and financial risks. This paper makes a detailed analysis on these three aspects.
