The Measurement Of Regional Financial Risk And Regional Differences In China

Under the new normal background,China's economic presents new characteristics of structural adjustment,slow growth,mode change and power transformation.The economic operation contains major opportunities such as structural upgrading,better quality and low green carbon.But in advancing the supply side structural reform,accelerate the specific stage of economic structural adjustment,the impact of various uncertain factors will lead to hidden financial risks gradually explicit,solve all kinds of risks more arduous task,and the prevention and control of regional financial risk will become one of the most serious challenges at the beginning of the new normal.This paper firstly reviewed the problem of regional differences in financial risk measure and regional financial risk areas,introduced the connotation and formation mechanism of regional financial risk,defined the scope of regional financial risk and characteristics,pointed out that the regional financial risk as a concept of the meso level,with the financial risk is endogenous,systemic and regional characteristics according to the three characteristics.This paper explains the reasons of regional financial risk formation.Secondly,the construction of regional financial risk index system,analysis the province to measure the regional financial risk in China by using the method of principal component,the Chinese provinces(autonomous regions and municipalities)2005-2015 years of regional financial risk index,and further to the regional financial risks Chinese level and regional structure distribution analysis.From the regional financial risk index,there is a direct relationship between the index of China's regional financial risk level distribution and the level of economic development,the regional financial risk index in eastern coastal region is relatively underdeveloped central and western regions is relatively low;from the regional financial structure,financial risk China structures generally can be divided into 4kinds of conditions,the slowdown in the economy at the same time,the regional financial risks have gradually convergence phenomenon.The difference of Dagum Gini coefficient of regional financial risk areas,found that regional financial risk China the overall regional disparity generally show a downward trend after the first rise;the gap from financial risks within the region,the regional disparity of financial risk in the central region of the small gap between regions;from the financial risk,financial risk area the gap between the overall showed a downward trend;and the contribution rate from the regional disparity of financial risk,the super variable density contribution rate gap has the highest proportion of.Finally,based on the two from the perspective of macro and micro to explore the impact of regional differences in financial risk factors of area of our country and the corresponding policy recommendations,providing a strong support for the policy of financial risk management of China's regional implementation.This topic could play the better role of Finance in boosting economy and promote regional economic development to provide collaborative decision-making.