Practical outlook is the first and basic outlook of Marxism, risk and rationality based financial reform must be guided by Marxism scientific and practical outlook. From the perspective of philosophy, China’s financial reform should move from “this world” to “that world”, must be implemented by practical outlook because of no mature model to be learned and so must “grope forward”. The reform path of “groping forward” attaches the importance to firstly trying then popularizing, progressive reform is to gradually release reform measures according to objective practical change, which is the reform path of Marxism quantity change-quality change principle, value-added tax reform is the typical case of progressive reform. “Deny the negative thing” principle indicates that change or unchanged should be considered by the changing situation, especially risk change, which is sufficiently embodied in China’s fees collection system. “The contradiction universality and particularity” principle indicates that the reform should not be the same, which is obvious in China’s financial reform. “The relation between the whole and the local” is the important philosophic basis to activate the two enthusiasms. The financial system reform serving the national governance objective should continue to stick to Marxism guidance, and make optimization and adjustment according to the requirement of national governance system and governance capacity modernization.