Influence Of Outflow Of Financial Resources On The County-level Economic Development

County economy at the head of the Township, city, occupies a very important position in China’s economic system. At present, China has2,070counties (cities), with95%land area, focus on a70%per cent of the population, have contributed more than60%GDP, absorb the65%of rural labour force, County economy pivotal impact on the national economy as a whole. Accelerated economic development in the County, County financial system needs a powerful and complete financial services for support, therefore, County financial shoulders very important social responsibility and historic mission, an important facilitating role in promoting economic and social development. Finance is the core of County economy in the County. Increased financial support to County economy in the County, to achieve national "Twelve-Five" planned strategic objectives, importance of accelerating the process of building a well-off society.In recent years, County domain economic development speed clear speed up, on funds of demand increasingly large, but from funds supply situation see, as financial reform of further deepening, has in County domain financial in the play protagonist of State-owned commercial banks gradually fade out County domain economic area, funds strength limited of rural credit unions is push Shang has support County domain economic development of protagonist location,"financing difficult" once become constraints County domain economic development of bottleneck. Caused this status of causes, brunt is financial resources of large drain, to tancheng County for cases, County financial body near five years total drain volume up21.175billion yuan, drain ratio average for42.43%; from drain of financial body view, ABC, and postal savings, and rural credit unions outside flow maximum, five years total drain volume respectively up7.858billion yuan, and5.697billion yuan, and5.539billion yuan, respectively accounted for total outside flow of37.11%, and26.9%, and26.16%, The financial resources of the County "extracorporeal circulation" as "pumps" has severely affected the development of County economy. How to optimize the allocation of financial resources in the County, reducing the outflow of financial resources, achieving coordination of County Finance and County economy development is the starting point and the objective of this study.Tancheng County in Shandong province as an example in this article, beginning with defining the concept of financial resources, the County economy, aggregate and streamline the existing literature at home and abroad on the outflow of financial resources on the basis of research results, through questionnaire surveys of the County supply and demand of financial resources for the research, found the current capital demand and larger financial supply gap. For the control of financial resources and the development of County economy, empirical analysis of this article by taking Granger Granger causality test, validation of the financial resources is a critical factor in tancheng County economic development, with an indication of the outflow of financial resources to the detriment of County economic development. In this regard, through statistical analysis of tancheng County financial development of this article, and find out the main expressions and deep cause of the outflow of financial resources, and to make recommendations to achieve financial and economic development in the County,"win-win" policy recommendations, with a view to solving the current dilemma of County economic development.