Regional Differences In Financial Development And Financial Control Policies Of Regionalization

Since the reform and open policy, although the overall economic strength has improved, but the regional economy development is unbalanced. The unbalance of regional economic development has become one of serious problems in Chinese economy development. Economic non-balanced manifests in the financial movement, that is the financial development non-balanced, the regional financial disparity in our country is also unceasingly expanding, comparing the financial total quantity, structure and efficiency, the western area all by far falls behind the eastern area. Modern market economy is finance economy of currency and credit being very popular. The existence of the gap between the objective of regional economic and financial development varies, which is bound to weaken the role of central bank policy, financial regulation and effect of making the macro-control in different regions produce different and even opposite effects. Accordingly, the contradiction between regional difference of financial development and the unification monetary policy requests that the formulation and implementation of the monetary policy must more consider to the identical monetary policy different response in the different area.This paper consists of three main components, At first, we research the gap between China's financial development and the regional effects of monetary policy in the second chapter, it is shows that, through the different levels of economic and financial development of the conduction invariably, the reunification of our country's monetary policy produces a different effect of the regulation and the unified monetary policy exacerbated the regional differences in financial development. On this basis, we attempt to divide China's 31 provinces and municipalities for the financial control division of the regional in dynamics, and proposed that the implementation of an appropriate differentiation of financial regulatory policy should be based on the actual situation of economic and financial developments. Adopted from this, the fourth chapter introduces regional financial policy of the EU Member States and United States. According to China's actual situation, learn from the successful experience of EU and US in the formulation and implementation of the financial policy in the region's development, we put forward a specific policy recommendations, such as: Cultivate capital market in central and western regional and develop regional investment funds, in the relevant policy formulation and implementation,establish a coordinated regional economic development objectives of the regional financial control system. It's committed to reduce the current excessive regional disparities in our country and promoting coordinated regional development.