The Research On The Difference Of Regional Financial Efficiency In China

Comprehensively Deepening Reforms was adopted at the Third Plenary Session of the 18 th CPC Central Committee. Financial Reform is so important because of the core status of the finance in the economy. Ba pointed out that "the core of a new round of financial reform is to substantially improve financial efficiency." On the one hand, the improvement of the financial efficiency will contribute to changing the economic growth pattern; on the other hand, it can avoid the negative effects coming with the economic growth. Thus, to improve and coordinate the regional financial efficiency is a good way to deepen financial reform and coordinate the growth of economy.Firstly, the paper stating the theoretical basis of regional financial efficiency in the perspective of "financial resource" based on the foreign and domestic studies. And set standard from three aspects: how the regional financial efficiency adapt to the regional economy, the economy driving force of the financial investment, as well as the overall balance of the regional financial efficiency. Secondly, analysis the situation of regional financial efficiency from three aspects, such as the mobilization efficiency of financial savings, the conversion efficiency between savings and investment, and the efficiency of investment orientation. Tirdly, the regional financial efficiency of our country is measured by data envelope analysis, and Dagum Gini coefficient is used to measure the difference of regional financial efficiency in provincial and regional level, then find out the reason of the difference from the aspects of macroeconomic, financial system reform and regional factors. Finally, according to the results of previous analysis, it proposes suggestions that how to improve the regional financial efficiency and narrow regional difference.Through the above research, this paper will further enrich and develop the regional finance theory. And makes reference for our government to set regional financial policies, also makes suggestion to narrow the regional disparities of financial efficiency, promoting coordinated and stable development of China’s regional finance.