The social welfare system with Chinese characteristics is a kind of institutional arrangement and system setting which is set up by the government to provide material assistance or services to some members of the society who need to take care of in the form of low fees or free of charge. The social welfare system with Chinese characteristics provides the most basic living materials for individuals, provides the most basic living security for different social groups and different social strata, pays attention to efficiency on the basis of emphasizing the bottom line fairness, implements benefit distribution and adjustment while maintaining the existing interests, promotes the rational allocation of social interests, and realizes social justice to the maximum extent It can reduce the contradiction and conflict of economic society, promote the harmony and stability of the whole social organism, and realize the harmonious development of economic society.