As one of the important factors affecting the development of preschool education，financial investment in pre - school education is highly valued by the state .However，at this stage，there are problems such as insufficient total invest- ment，uneven distribution of the investment，and imbalance of investment structure in China''s preschool education finan - cial investment. The reasons for this are that China''s regional economic development levels are different，the govern- ment''s responsibility for investment is relatively unclear，the cost-sharing mechanism is defective，and relevant laws and regulations still need improvement. From the perspective of educational equity，it is necessary to increase financial investment in preschool education，clarify the financial responsibilities of governments at all levels，improve the cost-sharing mechanism，and speed up preschool education legislation .