Study On New Type Urbanization Construction Based On The Perspective Of Finance

Urbanization as a major development strategy at present stage provides the driving force for the social progress. The Third Plenary Session of the eighteen central committee lays out the top-level program related to the urbanization. In March of 2014, "national new type urbanization plan(2014~2020)" was promulgated, which marked China’s urbanization has entered a new stage of development. The fifth Plenary Session of the eighteen central committee proposed to promote the coordinated development of urban and rural areas and to promote the coordinated development of the "four modernizations" with the urbanization included. In April of 2015, the "Shanxi new type urbanization plan(2015~2020)" freshly baked, marking the construction of the new type urbanization in Shanxi Province has stepped into a new journey. Fiscal plays a regulating function during the development of urbanization, thus which is conducive to the rational allocation of resources. At the same time, urbanization process also need the guidance of financial fund. Therefore, to study the new type urbanization construction from the perspective of finance is of far-reaching significance.This paper selects Shanxi Province as the research object, with the theory of externality, public goods theory, game theory and other theories as the research basis, in combination with knowledge and principle from regional economics, econometrics, statistics and other disciplines, this paper Comprehensively uses various analysis methods to study from theory and empirical levels. The third part of this paper summarizes the current situation of the new type urbanization construction in Shanxi Province with charts and datas, and analyzes the existing problems and the reasons from the theory level. In the empirical analysis part of this paper, first of all, using the AHP method to design the new index of urbanization level, secondly, arrives at the main conclusion that the proportion of medical and health care expenditure has a significant positive effect on the urbanization level, the proportion of social security and employment expenditure has a negative effect on urbanization level, the proportion of the third industry in GDP has a significant positive effect on the urbanization level by using Panel Data model, and then constructs the performance evaluation system by using DEA method in view of the fiscal input and output situation on new type urbanization construction in Shanxi Province and concludes that the financial allocation in Shanxi Province is not reasonable and the use efficiency is low, thus further adjustment of the allocation of financial capital is still needed. Finally introduces the urbanization construction experience and enlightenment from foreign countries in order to put forward fiscal measures to promote the development of the new type urbanization in Shanxi Province.Combined with theoretical analysis and empirical research, the sixth part of this paper puts forward specific measures from four dimensions including the fiscal and taxation system, the structure of fiscal expenditure, financial investment, financial management. The author emphasizes the importance of the optimization of fiscal expenditure structure, the use of PPP financing model, the performance evaluation system of new type urbanization construction with fiscal supported, and proposes to strengthen the information construction of government in order to exert the symbiotic effect between the internet and urbanization, considering the background of the current budget management system reform and local debt risk assessment proposes to strengthen the budget management and local debt management so as to better meet the demand for funds in the process of urbanization.