Research On Development Relationship Between Virtual Economy And Real Economy In China

In recent years, the virtual economy market of china has been the rapid development, the average annual growth rate of the stock market turnover is about 99%, the average annual turnover rate of the bond market turnover is about 48%, the average annual growth rate of the fund market turnover is about 55%, and the futures market turnover is approximately 125%. The proportion of the Virtual economy is growing, and the impact has also become increasingly prominent on the real economy, the empirical testing shows that the virtual economy and real economy of China exists the Equilibrium development relation in the long-term, and also exists mutual influence between them.The developing scale and extent of virtual economy should adapt to the development level of real economy, and maintaining an appropriate coordinated development proportion is the key to promote the economy development perfectly and fast. This article establishes the coordinated development model of regional virtual economy and real economy based on the perspective of economic development, analyzes the equilibrium points and stability of coordinating development about them, and then empirically studies the coordinated development proportion using the China's data from 1996 to 2008 years. The result shows that the development of virtual economy and real economy shows the complex logistic evolutionary trend, and exists the stable relations of coordinated development, and the proportion of coordinated development is the dynamic changes, the relation between virtual economy and real economy of China is basically in un-coordinated status, but most are in the normal fluctuation range. The coordinated development can better reflect the trend of economic evolution. The coordinated development proportion can play a role in warning the excessive expansion of virtual economy, and can make effective monetary and financial policies according to the relationship between actual proportion and coordinated development proportion.