Abstract
Based on the theory of financial development and economic growth, an investigation has been conducted to reveal the contradictions and correlations between the finance and economic growth in the counties of China's Shandong Province. This paper has proposed some countermeasures through the investigation of counties of Shandong Province.
Highlights
County economy refers to the economy within administrative districts at the level of county
The county economy in Shandong province has brought the whole level of economic development up to a new town-based stage
According to the theory of the new economic growth, one of the factors contributing to the economic increase is capital input, which is essential in solving the problems emerged in county economy and promoting the continuous development of county economy
Summary
County economy refers to the economy within administrative districts at the level of county. The county economy in Shandong province has brought the whole level of economic development up to a new town-based stage. How to transform the counties’ present economic development model to a scientific development model through accelerating the financial development, solving capital constraints and promote financial support is an urgent issue that needs to be addressed. According to the theory of the new economic growth, one of the factors contributing to the economic increase is capital input, which is essential in solving the problems emerged in county economy and promoting the continuous development of county economy. As the main financing channels of the economic development of counties, county finance has increasingly attracted public attention. The research on the relationship between county finance and county economy is important
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