The Relationship Between Financial Development And Economic Growth Of Zhangjiajie

Finance is an important lever to regulate the macro economy in modern economy, financial deepening and economic development are mutually reinforcing relationship. The financial industry to spread the risks and financing form, effectively promote the development of economy. In China financial system innovation at the same time, economic growth is more obviously affected by financial development, economists and scholars in China have conducted massive research to the financial development and economic growth, but the financial and economic development of each area are different, the results also each are not identical.In 2012, the state approved the "Wulin mountainous areas planning(2011-2020)" provide a model for other areas destitute country. This is an important development opportunity for at the same time have ethnic minority areas, remote mountain areas, old revolutionary base areas and a plurality of specialized roles in a Zhangjiajie. Taking this as the background, the financial factors will have an impact on the economic growth of Zhangjiajie as a key, targeted to explore the impact on Zhangjiajie’s economic growth and the existence question, has the extremely vital significance, to promote the stable development of economy in Zhangjiajie.This article first has carried on the analysis to the related data from 1989 to 2013, from can be seen in Zhangjiajie’s economic development and financial situation, namely, the sustained development of the economy, but the overall strength is weak; financial weaknesses, the overall development level is relatively low. Then according to the research results of economy, the financial field, in-depth research regarding the influence of Zhangjiajie financial in economic development, through the empirical analysis shows that, the financial development and economic growth in 1989 and 2013, overall financial development promotes economic growth, the path of development that "supply leading type". Then, according to the Zhangjiajie financial development and economic growth situation and the empirical analysis conclusion, put forward suggestions and Countermeasures to promote the policy of Zhangjiajie financial development and economic growth. In this paper, through the research that, Zhangjiajie should be combined with the development present situation, deepen the reform of the economic field, the construction of the financial system of science, promote the overall development of the financial sector efficiency, and provide strong support for promoting local economic growth.