Empirical Studies On The Influence Of Central Regional Capital Market Towards The Regional Economic Development

The effective allocation of capital elements plays an important role in the process of economic development in the whole society. As a "barometer" of the economy, capital market, coordinating the supply and demand of the capital resources, constantly reflect the changes in the economic development. Benign capital market and a perfect market system is conducive to promoting capital accumulation, technological progress and long-term economic growth. On the contrary, it will have adverse impact on the economy, seriously will have an economic crisis or economic recession.30 years of reform and opening up, China's economy have extraordinary development, but the regional economic development imbalances is serious. On the background of central government's policy "Rise of Central China" strategy, the central region regarding as the study object and analyzing the relation between its capital markets and economic development have strong practical significance, can help to achieve the national strategy and objectives of central regional economic development.Referring to the previous research findings, this paper empirically analyzes the relationship between the central regional capital market and economic development, proved it has positive relationship between them. Aiming at the defects and problems of the capital markets and economic development in the central region, we made the corresponding suggestions.