Study On The Coupling Relationship Between Financial Development And Economic Growth Quality In Northwest China

The report of the 19 th National Congress pointed out that China's economy has changed from a stage of rapid growth to a stage of high-quality development.The 2017 National Financial Work Conference emphasized that financial development must return to its original origin and use the service real economy as the starting point and destination for financial development.The relationship between financial development and economic growth is a key research field in economics.Under the current background,it has more theoretical and practical significance to study the relationship between financial development and the quality of economic growth.The purpose of this paper is to analyze the coupling relationship between the financial development and the quality of economic growth in the Northwest region of China on the basis of combing the current situation of the financial development and the quality of economic growth in the Northwest region,and to provide theoretical and practical basis for the coordinated development of the quality of financial and economic growth in the Northwest region.This paper defines the concepts of financial development,economic growth quality and coupling relationship,and analyzes the coupling mechanism between financial development and economic growth quality This paper analyzes the present situation of financial development in northwest China from four aspects of financial development scale,structure,efficiency and development environment This paper analyzes the present situation of the economic growth quality in northwest China from three aspects: The structure of economic growth,the stability of economic growth and the welfare of achievements The paper calculates the coupling coordination degree,coupling hindrance degree and coupling development convergence of financial development and economic growth quality in five provinces of northwest China,and analyzes the empirical results.The results show that: First,the lack of effective financial supply in northwest China impedes the coupling;Second,the coupling impedes the quality of economic growth in different provinces and regions The results of economic growth,welfare and economic structure of Shaanxi and Gansu Hinder the growth of Qinghai,Ningxia and Xinjiang.Third,the gap of coupling level within the region is widening.At the end of this paper,the following countermeasures and suggestions are put forward: First,optimize the financial supply,including dissolving the invalid financial stock,optimizing the financial intermediary structure,expanding the proportion of direct financing,improving the financial development environment;To reduce the coupling obstacles of the quality of economic growth according to local conditions,including two types: Shaanxi and Gansu pay more attention to optimizing the benefits of economic growth;Qinghai,Ningxia and Gansu pay more attention to adjusting the structure of economic growth;and third,strengthening cooperation and opening up,including strengthening support work to raise the level of comprehensive development in the northwest,and promoting the integrated development of the northwest region oriented to Belt and Road.