EMPIRICAL RESEARCH ON THE RELATIONSHIP BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH OF CHINA CITIES——BASING ON THE STATISTICAL DATA:1990—2005
基于1990-2005年中国城市面板数据，发现金融发展与经济增长负相关，但与产业结构升级正相关，提出通过金融改革提升中介效率以促进储蓄向投资转化。
Panel data analysis basing on the statistical data of China cities from 1990 to 2005 indicates that,financial development is negatively correlated with economic growth positively correlated with the upgrade of industry structure.Promoting the financial reform improving the financial agency efficiency to help savings more smoothly transformed to investment,is the developmental direction to realize the target that financial development promotes economic growth upgrade of industry structure in China cities.