The Substantial Research Of Wuhu City's Financial Development And Economic Growth

The finance occupies a core place in a country's economic growth. which has been proved by the developed country's economic growth. Western economists attach great importance to the function of finance on economic increase, such formed a series of theories between finance development and economic growth. However, the economic growth of developing countries is different from developed countries for its peculiar characteristics. As a result, developing countries should not follow the financial development pattern of developed countries.it should based on its own country's actual situation and establish its financial market system.Nowadays, china is carrying out the strategy of "middle-province rising" which offered a rare opportunity for developing the middle province economy and narrowing the economic gap between developed areas. judging from the real situation of middle province, the agricultural earnings account for a large share of GDP. So developing the rural economy in the middle part of china plays a vital role in achieving "middle-province rising" the agricultural development in Wuhu city is a representative in the middle areas. Therefore, studying the relationship between rural financial development In Wuhu city and economic growth is of great significance to the whole middle areas.The research approach of this paper are as follows:firstly, using the relevant theories between financial development and economic growth for constructing the variable index of rural financial development and economic growth in Wuhu city. then finding the related statistic data based on the variable index in the model. Based on these works, using the Eviews real analysis software to do the real research. Finally, I made a detail analysis on the factors causing the suppression of rural financial development in Wuhu city.