Research on the Factors Influencing Regional Development Differences of the Financial Industry in Yunnan Province

摘要

To evaluate the regional financial development differences in Yunnan, this paper summarizes its present situation from regional financial aggregates, regional financial structure and regional financial efficiency, we use factor analysis and cluster analysis to analyze the main factors that affect the regional financial development differences in Yunnan. Our results show that the main factors are the economic basis and human capital levels. GDP per capita is the key factor that influences the development difference of financial industry in Yunnan Province. Kunming has a better economic base and economic efficiency, and the demand for the financial system is greater than other states. The followed factors are the level of investment and financing, the level of regional informatization and geographical location. Kunming has a good foundation in geographical location, investment and financing level and informatization level, it has obvious advantages on the level of financial development, which leads to the unilateral flow of talent and exacerbates the gap of financial development between states. These results are of great clinical significance in promoting the coordinative sustainable development of regional economic and finance in Yunnan.