Abstract
By raising transformation efficiency of savings into investment, banking development promotes capital formation and accumulation, so as to influence economic growth. Research has shown that since 1995, capital accumulation has made more and more contribution to economic growth, and through making more contribution than technical progress in 2006, it has become the first motive power for economic growth. This article selected related indicators, data during 1995–2014 of Gansu and used regression analysis to explore the relation among banking development, capital accumulation and economic growth. This article concludes that the economic growth is related to both banking development and capital accumulation, meanwhile, banking develops rapidly, and its business scale expansion plays an important role in capital formation and accumulation in local economy, but its development efficiency has not obviously influenced capital accumulation in Gansu.
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