A County Financial Function Research In Underdeveloped Areas

In the process of county economic development, the finance function plays an important role in the underdeveloped areas. With the development of county economy, the financial function is also continuous improving. In turn, the financial function which is upgrading promote further economic development, and they are both mutual promote and mutual restraint. In recent years, the county’s economic have a rapid development. It is apparent that the developed regions transfer their industrial to the others. In the backdrop of economic restructuring, how to improve county financial functions to promote the sustained, healthy development, it is the urgent need to address in practice."Function" is more stable than the "institutional", and it’s better to reflect the nature of the financial, so it is a big step forward in theory from the functional perspective. By field investigation in underdeveloped areas, it’s found that financial repression is not conducive to the further development of county economy, and financial functions needs to be improved; and then sort out theoretical research on the underdeveloped areas of the county financial functions, after that the more clear, scientific, completed connotation need to be revealed on the object of study, and a strong theoretical support need to be provide; thinking about county financial functions, using the data to the empirical analysis, and it’s in contrast with the previous results of theoretical studies. In the underdeveloped areas, the credit is the main financial activities and the credit markets function is a major component of the county financial. The problem of credit size and structure is particularly prominent in county economy, and that’s affecting the financial functioning. Therefore, establish multi-level credit markets, and promote the evolution of the financial function to a higher level, which has important practical significance for underdeveloped areas.