Analysis of the Coordinated Development Mechanism of Regional Economy
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DOI: 10.25236/busem.2018.052
Corresponding Author
Quan Xu
Abstract
There is a close relationship between finance and economic growth. The coordinated development of regional economy and finance is an economic guidance policy that must be grasped by China's economic reform and development. In the initial period of reform and opening-up, China's financial policy did not consider the economic development gap between regions. In the process of implementation of financial policies, regional economic gaps have gradually widened and the economic development in the central and western regions has been delayed. In order to promote the coordinated development of regional economy and finance, it is necessary to start with the mechanism of the financial economy, and make overall plans and coordinate development.
Keywords
Coordinated development mechanism, Regional economy, Industry development