Difference Of Regionnal Financial Development Of The Western Reion In China

With the advance of western development strategy in 2000, economic development and financial development of the western region has been rapid improving, but the East, economic and financial development gap between the middle are constantly shrinking, and was followed by the Western financial development differences inside the area continues to expand, the western region in recent years, regional financial appeared uneven, uncoordinated development trend, and this trend has been the economic development of the western region had a relatively significantly inhibited, how to reduce regional differences in financial development in western regions, promote regional financial development, and to further promote the coordinated development of regional economy and thus safeguard the western region economy healthy, sustainable and stable development, it has become the contemporary western region of an important problem to be solved.From the perspective of the provincial domain in the western region for the study, the impact of regional differences in financial development on economic growth as a research premise, the regional differences in financial development as the main line, to how to mitigate the expansion of regional financial development differences as a way out of the study the article is divided into the following sections:First, after finishing a large number of domestic and foreign literature, consult and learn about the regional financial base and regional economic theory, select the relevant indicators, the overall size of the three major industries from financial development, efficiency, market, and financial depth-banking, securities, insurance, statistical data in an intuitive point of view of the level of financial development in the western region twelve provinces were compared, and their differences are described status quo.Then, the relevant financial rate Theil index as an indicator of differences in financial development of the western region, the western region of the differences is calculated on financial development, and the use of regression analysis, the difference of Regional Financial Development in Western Influence on Economic Increase in Western conducted the study. Study found that since 2007, differences in financial development of the western region of the western region’s economic growth had a negative effect.Secondly, in order to further study the Western Regional differences in financial development. Select some indicators, the use of factor analysis and cluster analysis of the level of financial development of western twelve provinces do a sort and divide gradient using decomposability Theil index for the difference between the gradient and the gradient were analyzed using a convergence analysis method to analyze differences in the development of the western region financial convergence.The main factors Finally, the foregoing analysis, identify the impact of differences in financial development of western twelve provinces there are five, the level of regional economic development, internal openness, natural and geographical environment, policy interventions and the financial system; and based on the proposed narrowing the differences between the financial development of the western region and promote the coordinated development of the western financial proposals are to further develop, enrich and improve the western region of the financial system; the government should support the orientation of monetary policy; western twelve provinces to increase financial and stepping up efforts; to establish a good financial environment.