Analysis on the Difference of the Influence of Economic Financialization on Regional Economic Growth

: With the continuous development of the financial industry and its increasing impact on the real economy, it has become the key force to promote the growth of the real economy, and finance has become the new power source of a new round of economic growth. The rapid development of the financial industry has deepened the degree of economic financialization, increasing the impact on the growth of the real economy and the regional growth pattern. The study found that there are significant differences in the impact of economic financialization on the real economy at the three regional levels in China. The eastern economic financialization significantly promotes the growth of the real economy, while the central and western economic financialization will not have a significant impact on the real economy. At the same time, when scientific and technological innovation is taken as the threshold variable, It can be found that there are significant threshold effects and regional heterogeneity in the impact of economic financialization on the growth of regional real economy. Based on this, this paper suggests strengthening the construction of financial industry in the central and western regions, including infrastructure construction, talent team, etc; Guided by deepening market-oriented reform, we should give full play to market potential and achieve coordinated economic development between and within regions; Grasp the principle of "degree", constantly improve the regional financial comprehensive competitiveness, and improve and perfect the construction of ecological environment such as the legal and credit environment