Inclusive　Green　Growth　is　a　sustainable　development　mode　that　pays　attention　to　the　coordinated　growth　of　the　economy,　society,　and　ecology.　With　the　intensification　of　the　contradiction　between　fiscal　revenue　and　expenditure,　adopting　the　goal　of　adjusting　the　fiscal　expenditure　structure　is　conducive　to　improving　the　efficiency　of　fiscal　funds.　This　paper　establishes　a　theoretical　model　of　the　efficiency　of　the　fiscal　expenditure　structure　under　the　goal　of　Inclusive　Green　Growth,　and　on　this　basis,　it　constructs　an　index　system　of　Inclusive　Green　Growth.　Then,　it　applies　a　DEA-Malmquist　model　to　analyze　the　efficiency　of　the　fiscal　expenditure　structure.　The　results　show　that　from　2007　to　2018,　the　growth　rate　of　Inclusive　Green　Growth　index　showed　a　downward　trend,　which　was　mainly　due　to　the　decline　in　the　growth　rate　of　economic　development.　It　rebounded　after　2016,　and　the　growth　of　the　inclusiveness　level　played　a　major　role.　In　time　and　space,　the　development　resources　tend　to　the　unbalanced　development　trend　of　the　eastern　region;　the　average　total　factor　productivity　of　the　fiscal　expenditure　structure　in　space　is　the　lowest　in　the　east.　The　fiscal　expenditure　should　be　inclined　to　social　expenditure　and　green　expenditure,　the　western　region　should　be　inclined　to　economic　expenditure,　and　the　allocation　of　the　expenditure　structure　in　the　central　region　should　imitate　the　high-efficiency　areas.　In　order　to　achieve　the　comprehensive　development　goal,　this　paper　provides　an　analytical　idea　for　the　adjustment　of　the　fiscal　expenditure　structure.