A Research On The Coordinated Development Of Regional Finance In The Yangtze River Delta

China’s economic development has entered the new normal of economic development.At present,it pursues effective,quality and sustainable development.Regional synergistic development is the basis and means of regional sustainable development.Finance is the core of modern economic system.Promoting regional financial synergistic development is the necessary condition and important guarantee to realize regional synergistic development.As the region with the highest level of economic development in China,the synergistic development of regional finance in the Yangtze River Delta is not only the need of regional synergistic development,but also of great significance to the sustainable and steady development of national economy.Therefore,this paper takes the Yangtze River Delta region as the research object to study its financial synergistic development.Firstly,based on regional economic theory,financial development theory,regional finance,system theory and synergy theory,entropy weight gray correlation analysis method,this paper summarizes the research results of regional financial coordinated development at home and abroad,and provides theoretical basis for the follow-up research.Secondly,on the basis of literature review,from the three aspects of financial aggregate,financial efficiency and financial structure,eleven indicators are selected to form anindicator system to evaluate the synergistic development of regional finance in the Yangtze River Delta.On the basis of the index weight obtained by the entropy weight method,the grey relation analysis method is used to calculate the grey relation coefficient and weighted grey relation degree of the indexes among regions,and to evaluate the Yangtze River Delta The degree of synergistic development of the corner region.The conclusion is that the financial synergistic development of Shanghai and Jiangsu is in a good coordinated state,Shanghai and Zhejiang,Shanghai and Anhui,Jiangsu and Zhejiang,Jiangsu and Anhui,Zhejiang and Anhui are all in a moderate synergistic state.Thirdly,use QAP regression analysis method to analyze the influencing factors of the synergistic development of regional finance in the Yangtze River Delta.Taking the degree of financial synergistic development in the Yangtze River Delta as the dependent variable,on the basis of the previous literature,five factors are selected as independent variables:the degree gap of government intervention,the judicial gap,the economic gap,the economic vitality gap,and the financial supervision gap.It is found that the degree gap of government intervention has a positive impact on the regional financial synergistic development in the Yangtze River Delta,the judicial gap and the economic vitality gap have a negative impact on it.Finally,on the basis of the above research,this paper putsforward suggestions on the coordinated development of regional finance in the Yangtze River Delta from three aspects:establishing a unified management system,stimulating economic vitality and improving the legal system.