Study On The Relationship Between The Regional Finance Maturity And Urbanization Development In Shaanxi Province

The research on financial development has yielded a rich harvest under the framework of current financial theory,while there is still short of an effective approach to measure the statement of financial operation intuitively,fully and accurately.Meanwhile,with the arrival of thirteen five-year plan,the government of China has repeatedly stressed to strengthen the quality of urbanization construction,which will become a source for economic development power,to effectively improve the well-being of the people's sense of identity.Therefore,the research content of this paper is regional financial maturity,urbanization construction,and the relation between them.From current financial theory,we analyze the characteristics of regional finance and urbanization construction of the Shaanxi Province,study the regional financial maturity indices properties and the urbanization construction level.What's more,we put forward a series of methods,including financial data preprocessing,regional financial maturity measure based on principal component,the empirical correlation research method,and so on.Based on existing researches,the paper mainly does works in the following areas:Firstly,we outline the contents and features of urbanization construction development in our country.We analyze the current status and level of urbanization of Shaanxi Province from aspects of population development,economic development,and urban structure objectively and accurately.We also study the theories and evolutionary process of regional financial maturity,and further point out the correlation between regional financial maturity and urbanization construction;Secondly,an overview of the contents and features of the regional financial maturity is also proposed.We analyze the current situation of financial maturity in Shaanxi Province,and propose the ideas of building model and methods to constructing system,which is used to deal with the statistics in the same trends and normalization,and to estimate the regional financial maturity of Shaanxi Province comprehensively and accurately by using PCA.Through in-depth analysis and research of the results,we summarize that the financial maturity and the urbanization rate is mutually reinforcing relationship;Finally,we propose a series of policy recommendations in three major aspects to promote the development of Shaanxi Province regional financial maturity,and thus can propel the development of urbanization construction,such as improving financial aggregates by strengthening reform of financial institutions and actively promoting the development of local commercial banks,deepening the degree of financial development by facilitating optimization of financial markets,and strengthening the financial efficiency through enhancing financial innovation and improving financial operating efficiency and competitiveness.Financial maturity model presented can be a good measure to run state regional financial development in this paper,the relationship on the financial maturity index and the rate of urbanization of this paper is a study of the financial and urbanization new perspective for future research Towns urbanization and economic development as well as how to expand effective demand and drive economic growth by accelerating the construction of urbanization presents new research ideas.