The Economic Impact of Regional Financial Diversity Development in China

Abstract

Based on the 7th, CDI CFCI research report and 2014 China's regional financial operation report, Analysis of the current tend to be more severe domestic and international economic environment, financial resources to national financial center agglomeration Matthew effect is more remarkable. China's financial centre accelerated development, contrarian expansion development momentum. China's regional financial development presents the tendency of imbalance, besides, the difference of the regional financial phenomenon is more obvious. The financial industry in the face of the huge development opportunity at the same time also is faced with severe challenges. Putting forward the appropriate financial gap for promoting regional competition is also good, we can control the financial gap to a certain level, using their own conditions for economic development, making full use of the geographical advantage, economic development, spatial dependence, financial cooperation and other geographical conditions. By way of strengthening regional exchanges, playing the role of regional financial center effectively, expanding the scope of financial diffusion and intensity, and reducing the gap of regional financial development to realize sustainable development in financial industry.