This paper presents a profile about the financial system of the early childhood education (ECE) in China. The problems discussed are related to (1) segmentation of Tiao and Kuai (some education institutions are directly administered by provincial governments, and some were affiliated to the relative administrative departments of the state), (2) inequality, (3) indistinct responsibility in investment of all levels, and (4) the challenge of reform. On the basis of the current situation in China, ECE and international experience, this paper aims at putting forward suggestions on how to reconstruct the financial system for ECE and also how to make relevant provision of laws and regulations to make various levels of governments, children's parents, kindergartens and communities share economic responsibility of ECE.