Research On Measurement And Influencing Factors Of High-Quality Development Of Provincial Finance In China

As the main branch of the economy,the financial industry should support the general and high-quality development of the real economy in accordance with high quality development if the Chinese economy is entering a high-quality development stadium.However,due to the delay in the release of China’s financial industry and the immature development,some important structural deficiencies in the development process,such as capital assessment and regulatory adjustments,are inevitable.Therefore,it is very important to stimulate the development of high quality of funds vigorously and to fully invoke the financial role of the economy.First,related literature summarizes previous studies by combining German and overseas high-quality economic development,financial quality development and financial quality development.The rationale of this research is based on the theory of financial history theory,the theory of financial functions,and the theory of financial integration theory,and the concept of financial thief is defined based on the new concept of development.Used in this work.Then based on the principles of systematics,science,and feasibility,this contribution will build a financial development assessment system from six sides of six financial development and financial support for innovation,coordination,green,open,and common development real economy.Based on the projection tracking model of transverse data,the static assessment of the development of high-quality local fundraising in China is carried out between 2014 and 2019.The results show that there is a significant difference in the level of high level of development level between East,central and western regions of China,and roughly shows the characteristics of Eastern,middle,Western and low.This work continues the dynamic evaluation of the high-quality development of local fund-raising in China,according to a projection tracking model that uses panel data from 2014 to 2019,improved by genetic algorithms.According to the study,dynamic evaluation is generally consistent with static evaluation,and the evaluation results show that there are sufficient adjustments in dynamic evaluation and more scientific and rational.To analyze the various factors that affect the development of financial high quality based on the economic level of four sides,the market environment,dynamic factors,urban development,this contribution eliminates 10 indicators as an explanatory variable and gets a high score.In 2019,the quality development of funds in various states and cities in China is based on the Tobit regression model as an explanatory variable to conduct empirical tests on the influencing factors.Based on the above analysis,in order to finally improve the high-quality development level of China’s funding,this paper proposes a corresponding political proposal from innovation level,coordination level,green level,opening level and sharing level.