| Currently, the urbanization in China is in the ascendant. The urbanization level has raised from 17.92% in 1978 to 56.1% in 2015, and China has become a middle income country from a poor country. According to the Northam Curve, China has developed into a stage of irreversible acceleration of urbanization and thus has a huge demand for investment. Finance, as the core of modern economy, plays an important role of funding support in the development of urbanization. And favorable financial ecological environment is the basis of function of financial system, virtuous interaction of financial and urbanization development, and sustainable development. Therefore, the analysis of the influence on urbanization development effect from the angle of financial ecological environment differences has great significance in implementing differentiated reform initiatives in financial sector and promoting the development of new-type urbanization.Based on the relevant research at home and abroad, evaluation indices system of financial ecological environment and evaluation system of urbanization comprehensive development level are constructed under the guidance of the theory of financial ecological environment and urbanization development in this paper. According to the statistical yearbook data of the whole country and 31 provinces(municipalities, autonomous regions) during 1997–2013, evaluation indices system of financial ecological environment and evaluation system of urbanization comprehensive development level are constructed using factor analysis method and entropy method respectively, and the differences of regional financial ecological environment and the differences of urbanization comprehensive development level are analyzed in this paper. According to the measure method of theil index, overall difference of financial ecological environment and overall difference of urbanization comprehensive development level are decomposed and variation coefficient of theil index of financial ecological environment and urbanization comprehensive development level are seleted. And the influence of financial ecological environment difference on urbanization development effect is analyzed using Linear Regression Model. Finally, according to different regional resource endowments and the actual situation, the corresponding development path is put forward, and the differentiation development strategy and differentiation policy suggestion are made in this paper. The main conclusions of the study are as follows.(1) Both the regional financial ecological environment and the regional urbanization comprehensive development level have shown that differences in middle are greater than that in the west and smaller than that in the east, and the differences between the regions are greater than that in the regions. During 1997-2013, the maximum value of the differences of financial ecological environment and the differences between regions appears in 2002 when the theil index is 0.88 and 0.85 respectively, and the minimum value appears in 2013 when the theil index is 0.33 and 0.40 respectively. Among them, the differences between the regions played a decisive role in overall difference and the differences in the regions are relatively not obvious. The maximum value of the differences of urbanization comprehensive development level and the differences between regions appears in 2003 when the theil index is 0.71 and 0.61 respectively, and the minimum value appears in 1997 when the theil index is 0.43 and 0.39 respectively. Similar to the differences of regional financial ecological environment, the differences between the regions played a decisive role in overall difference of the urbanization comprehensive development level and the differences in the regions are relatively not obvious.(2) The comparative analysis of the cluster results of the urbanization comprehensive development level, the cluster results of the radar chart and financial ecological environment, and the radar chart shows that the urbanization development level of the region with high financial ecological environment level is high and the urbanization development level of the region with low financial ecological environment level is low. Such Regional difference characteristics of financial ecological environment is similar to the spatial distribution characteristics of the regional differences of the current urbanization development level in China, and this shows that there is a certain correlation between them.(3)The regression results of both the influence of overall financial ecological environment differences on overall urbanization development effect and the influence of regional financial ecological environment differences on regional urbanization development effect show that there is a positive correlation between the financial ecological environment differences and the urbanization development effect. Among them, the influence of financial ecological environment differences on urbanization development effect in the east is the most obvious, and the coefficient in the east is 0.390, which is higher than the national average of 0.305. The influence of financial ecological environment differences on urbanization development effect in the middle is not only lower than that in the east, but also lower than the national average, and the correlation coefficient in the middle is 0.262. The influence of financial ecological environment differences on urbanization development effect in the west is the lowest, and the correlation coefficient is 0.227. And it also shows that the differences of regional financial ecological environment measured by the theil index are greater than the urbanization comprehensive level differences.(4)In terms of financial ecological environment factors, economic environment and the features of three regional urbanization comprehensive development level of correlation were 1.027, 0.709, 0.611, respectively. That illustrate the impact of economic environment to the development of urbanization has a greater effect on eastern region than central region and the western region, presents gradient descending trend on the three rehions of east-central-west,the regional difference is significant. The overall development of the financial environment and the features of three regional urbanization level correlation degree is 0.796, 0.691, 0.688,respectively. Differences of three main regional environment is less than the economic environment, financial environment in eastern area has more significantly higher influence of urbanization comprehensive development level than in western region. Social environment and urbanization comprehensive development level of correlation were 0.747, 0.681, 0.604, and also presents gradient descending trend on the three rehions of east-central-west. |