Research Of The Impact Of China’s Regional Financial Efficiency On Regional Economic Growth Under The Nonlinear Analysis Method

In 2015 China improved “The Belt and Road” strategy to the national top-level, This strategy can not only strengthen the relationship between China and the world economy,but also balance the overall development level of China. China is vast in territory, the eastern, central and western regions in location, resources, the level of economic development are different, there exist obvious differences, it is not conducive to the balance of China’s overall economic development. The study of finance difference on economic growth difference, optimize the resource configuration, to achieve a balanced development of the overall economic level, this paper explored the effect of Finance on economic growth.The contents of this article are as follows: the first chapter is the introduction, pointed out the background and the significance, describes the basic framework and research methods, points out the innovations and shortcomings; the second chapter is based on the connotation of financial efficiency, select the appropriate evaluation index to evaluate the overall level of financial the efficiency, measure the regional financial efficiency in China by using the DEA method, the difference from the whole province, and analysis of regional financial efficiency in China; the third chapter makes an empirical analysis on regional financial efficiency and regional economic growth; the fourth chapter research the difference of regional financial efficiency level of our country, and analyzes the reasons of the differences; the fifth chapter summary the research conclusion, put forward the corresponding policy recommendations.It concluded that the majority of provinces financial scale and technical level are not in DEA state and regional financial efficiency mainly come from the intra group; the impact of China’s regional financial efficiency to economic growth presented nonlinear,lower financial efficiency on economic growth has a negative effect, vice versa.Corresponding policy recommendations are: optimizing the layout of financial resources,improve the efficiency of financial, deepen the reform of the financial system, improve the financial system, etc..