After the running of the apportioned-tax fiscal system, there could see lots of financial risk on the level of counties. Except for inappropriate tariff systems and incomplete the apportioned-tax fiscal systems under provincial levels, the risk also come out of the excess of governmental levels and frameworks. The key point of the reformation on governmental levels and frameworks lies in perfecting the apportioned-tax fiscal system, developing county economy and accelerating the urbanization process；Therefore, we should build up the four level government and corresponding fiscal system-the central, provincial, city(county) and town out of the practice of western developed countries and the situation of China.