Research On The Disequilibrium Development Of Chinese Regional Finance

Finance is one of the main motive forces of the modern market economy. It is not only supported by the analysis of factors that aid economic development in the West, but also proved by the experience of the world's modern economic development. Regional finance is the mid-scope arrangement of the financial theory. Regional finance can be defined as the distribution of the financial sources' structure and movement in countries and regions, like regional economy, it is the objective phenomenon of the economic development in great nations under the condition of modern market economy.As a big developing country with vary differences in economic regions, the main character of imbalance development in the field of economy and finance is a basic situation of China. In recently years, the enlargement of imbalance development between different regions has become an important factor to restrict the harmonious development of China. This situation would be more seriously in the "eleven five" planning period, namely the period of the ending of the protection period after entering the WTO, namely the period of the transition and development of the whole finance industry.The tendency in the development of finance, pay more attention to the enlargement of the gross quantity than the improvement of quality, has seriously restrict a further improvement of the gross financial efficiency of China. How to carry out the idea of scientific development in the field of finance, and exert the regulatory function of the finance industry in the regional economic development, is a difficulty we faced.After defining the content and object of study, the dissertation sets up these main points of demonstration: the thesis tries to find out whether the way of Chinese regional finance development fulfills the common law of the relation between finance and economy from the theoretical angle and the empirical angle, and provides theoretical evidence and policy suggestions for reducing the distance between different regions and stimulate harmonious development.The thesis tries to pioneer a new research field, which is to research financial effect differences, law and mechanism of the change of regional economic structure in the perspective of financial deepening and the regional economic development, based on the theory of Regional Economy, the theory of Finance Harmony, the theory of Regional Finance and the theory of Finance Development. Combining with the development facts of Chinese regional finance, the thesis emphasizes the institutional arrangement and operation of the regional finance development and progress and gets proper research conclusions.Based on the internal mechanism of the effect of regional finance on regional economy and the data ,the analysis methods include the combination of theory and reality, empirical and comparison analysis etc. The thesis aims to give some reasons to explain why there is a gap in the finance development between eastern and central and northern China, and then tries to draw some conclusions to the reasons to the disequilibrium in economic growth rate which result from the lag of finance development via comparing the developing degree of financial development and economic growth rate between eastern and central and western China. Finally, in order to narrow the gap among regions and turn the harmonious development to come true between Chinese regional finance and economic growth, this dissertation gives some financial developing suggestions and measures to stimulate the economic growth of central and western China.With Chinese regional financial development, the study focuses on the characteristic and practical study. This paper is organized as follows:The fist part is Introduction. It introduces the research background and the research problem,and then explores the policy implication of this research,the research methodology and the analysis framework.The second part focuses on literature review. It briefly discusses the theory of Regional Economy and the theory of Regional Financial .The literatures also studies the relationship between the regional economic growth and the regional financial development.The third part is based on the internal mechanism of the effect of regional finance on regional economy, and studies the disequilibrium degree on which regional finance contributes to regional economy between eastern, central and western China is discussed.The fourth part, combining with the current situation and character of Chinese Regional economy and finance, analyses the gap of Regional economy and finance between eastern, central and western China from different aspects, and outlines the trend of the un-harmonious development of Chinese Regional FinanceThe fifth part analyses the detailed reasons of disequilibrium development of Chinese Regional Finance.The sixth part sets forth the comprehensive effect of the disequilibrium development of Chinese Regional Finance and comes to a conclusion that the negative effect overruns the active effect and Matthew effect is obvious. So it is necessary to change the current situation of the disequilibrium development of Chinese Regional Finance.The seventh part focuses on the strategy and policy of the perfect development of Chinese regional finance. Based on the theory and the current situation of Chinese Regional economy and finance, several detailed policies are put forward. These policies include developing regional financial centers, perfecting regional financial institutions and regional capital markets, establishing regional innovation system, enhancing interregional cooperation and regional financial policies.