| As an important part of the modern financial system and an important means of modern economic and social risk management, the economy drive effect of insurance industry received extensive attention of the society from all walks of life. Since China’s reform and opening up, strong development momentum of the insurance industry in our country has been maintained with gradually strengthened macroeconomic foundation and deepening reform of the mechanism of the insurance industry system. The insurance market benefits are constantly improving, which result from increased insurance market participants, optimized structure of the insurance business as well as the insurance industry investment channels constantly improve. China’s insurance market has developed from a relatively small, underdeveloped market to the world’s fastest growing emerging in surance market. However, the substantial growth in the total amount of China’s insurance did not bring the simultaneous regional development of the insurance industry, but imbalances of development levels and the domain structure between the provinces beca use of different initial resource endowments and various local strategies. High speed is kept in our country economy growth with the rapid development of the insurance industry. China’s economic growth rate keeps on average of 8% since the 21 st century and in 2012, our country’s GDP is up to 51.9 trillion yuan, becoming the second largest economy power in the world after the United States. Though the huge volume and rapid economic growth in China, problems of the quality of economic growth and regional economy developing gaps also increasingly highlight for heavily relying on the investment-driven growth model. It is inevitable for China to promote economic growth from the expansion of "speed" to "improving quality" in the future. Some researches show that the insurance industry has a positive influence on economic development. Peculiar positive spillover effects from the insurance industry on other sectors of the economy such as the insurance risk dispersion, financing, economic compensation and saving alternative, social management function are playing positive role in economic development speed promo ting, as well as economic structure transformation and upgrading. So the insurance industry has become a "booster" and "stabilizer" of national economy developm ent. At present, there is little research about the effects of the insurance industry development on the quality of economic growth. So, important theoretical value and practical significance in promoting the development of China’s insurance industry to be tter serve economic growth quality improvement will be found in the paper, in which the insurance industry development system has been studied for the quality of economic growth, non-balanced development impact on the quality of economic growth in the insu rance industry mechanism also explored, effect and influence characteristics under different insurance industry development level and the different "insurance- economic coordinated development degree analyzed, the insurance industry development level, structure and its impact on the quality of different economic growth path and scientific examination and evaluation of the development of the insurance industry in effects of driving China’s economy discussed.At first, the development level of insurance indu stry, based on the analysis and summarization of literatures of the insurance industry development and economic growth at home and abroad and related research findings combining with the actual development level of China’s insurance industry, is measured by adopting relative insurance depth; Then, CR4 index and the HHI index are used to measure the structure of the insurance industry development of our country; After that, the development of China’s insurance industry development level and the existence of unbalanced structure space and its characteristics are comprehensively analyzed based on ER, EGR index and the index of LU. Research has shown that characteristics of spatial disequilibrium and polarization in China’s insurance industry development level and the structure development are existed significantly. Furthermore, there are regional differences and the different evolution in many aspects including regions of the eastern, central and western, the overall insurance, property insurance and life insurance industry development level. The thesis further clarifies the definition of economic growth quality and its denotation and connotation, builds the index system of evaluating our country’s economy growth quality, measures the economic growth quality level of the provinces in our country by using the entropy weight comprehensive index system, analyzes comprehensively the characteristics of convergence as well as geographic distribution and dynamic evolution trend in the provincial economic growth quality by using PS club convergence model, and makes further probe into the inner motivation of the club forming of China’s economic growth quality convergence by using the logical choice model. Research shows that during the period of studying the thesis, our c ountry economy growth quality rose as a whole, the sources of its economic growth and environmental cost had the greatest influence on the quality of economic growth on the average, the third factor was the structure of economic growth. The stability of the economic growth had a minimum impact on the quality of economic growth. Significant difference was found in the regional economic growth quality in our country, the highest quality of economic growth in the eastern region, compared with that in the centr al and western regions. And there was a trend of the gap expanded further in economic growth quality between east and west regions, while the gap of economic growth quality was further narrowing in the central region. The level of economic growth quality i n our 30 provinces can be divided into five convergence clubs and five divergent units on the whole, and the changing trend of clubs and their evolution paths of economic growth is also significantly different. Then the paper establishes no personal insurance economic model and the existing economic model of personal insurance combining with the reality of the disequilibrium of development of China’s insurance industry and provincial economic growth difference, which is based on the typical function of personal insurance, analyses the mechanism of personal insurance industry development’s impact on the quality of economic growth, builds one economic model without considering risks based on typical features of property insurance, the economic model with considering risks and another model considering risks and property insurance, analyzes the mechanism of property insurance industry development impact on the quality of economic growth. In order to further interpret the influence mechanism and different econo mic growth paths of non-balanced development of the insurance industry on the quality of economic growth, the paper builds the insurance non-balanced development theory model of impact on the quality of economic growth based on Ramsey- Cass- Koopmans dynamic general equilibrium analysis framework. On the basis of the theory insurance non-balanced development dynamic multiple equilibrium mechanism of impact on the quality of economic growth is interpreted: For the penetration of constantly changing in economic system of the insurance industry development, which makes the sole stable equilibrium relationship between development of insurance industry and economic growth quality impossible, different saddle points of equilibrium exist in certain stage and the specific areas. In different stages of development, differences of the marginal output of unbalanced development of insurance industry will lead to differences of interaction mechanisms between the development of the insurance industry and the quality of economic growth, and multiple equilibriums of development of the insurance industry’s influence on the quality of economic growth. When a certain critical value of insurance industry development level appears, the driving function of the insurance industry on economy development will be effective, the low level of insurance industry development could lead to a low level equilibrium trap of the economy. In order to verify the correctness of the theoretical proposition, in the paper the empirical analysis has been made by using the frontier of nonlinear econometric model, panel smooth transformation model(PSTR) development scale and structure of property insurance and life insurance,the effect of insurance industry development scale and structure on the quality of economic growth.The research results show that due to the unbalance of the development of the property insurance industry development of our country, development scale and structure scale and structure as well as the personal insurance industry impa ct on the quality of economic growth are nonlinear with the characteristics of threshold liking. A smooth nonlinear transformation will happen with the level of its own development of insurance industry and the changing degree of economy coordinated develo pment when development scale and structure of property insurance and life insurance impact on the quality of economic growth, and there are significant differences between the property insurance and personal insurance. To further analyze possible endogenei ty problem between variables in the empirical model analysis, the paper uses many kinds of methods for robustness testing, which support the above conclusion and validate the correctness of the theoretical proposition. Finally, on the basis of theoretical analysis and empirical tests, the paper, combined with the current development trend of the international insurance industry and the current situation of the development of the insurance industry in our country, has put forward relevant policy suggestions on how the insurance industry development of our country efficiently fuel economic growth quality improvement.
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