Financial Development and Economic Growth: An Empirical Analysis Based on China
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Financial development has an important connection with economic growth, and the center of economy is finance. Whether the finance develops well has the important influence to the economic growth. A financial market with a good environment is not only conducive to market expansion and capital accumulation, but also can play an important role in promoting economic growth. The maturity of financial development and economic growth can drive the development of a country's comprehensive national strength. This paper will demonstrate and analyze the financial development and economic growth, which is based on the empirical research of China.
Financial Development, Economic Growth, China's Economic Development