金融经济学研究

加快建设中国特色现代金融体系是推动金融高质量发展的新路径和赋能经济发展的新要求。采用2012—2021年30个省(区、市)数据，创新性地构建中国特色现代金融发展指标体系，借助熵值法计算中国特色现代金融发展指数，探究中国特色现代金融发展的动态演进和区域差异。研究结果表明：从发展水平看，样本期内中国特色现代金融发展总体呈上升趋势，东部地区的发展水平领先于中西部地区；从动态演进看，中国特色现代金融发展总体呈现“水平上升、差异放大”的发展态势，存在显著的空间相关性，等级转移主要发生在相邻水平之间；从区域差异看，中国特色现代金融发展指数的总体差异呈现放大趋势，区域间差异是总体差异的主要来源，东部地区与中西部地区之间的差异尤为突出。因此，相关部门应高度关注中国特色现代金融发展进程中存在的区域差异问题，精准识别并补足落后地区弱势和短板，推动区域均衡与协调发展。

Accelerating the establishment of a modern financial system with Chinese characteristics represents both a novel path to promoting high-quality development in finance and a new requirement for empowering economic growth.Drawing on data from 30 provinces(autonomous regions and municipalities) between 2012 and 2021,this study constructed an innovative indicator system to measure the progress of modern finance with Chinese characteristics with the entropy method to calculate a comprehensive development index of modern finance with Chinese characteristics.The dynamic evolution and regional disparities of modern finance with Chinese characteristics were then examined.The results revealed a generally upward trend over the sample period, with the eastern region outpacing the central and western regions in terms of development of modern finance with Chinese characteristics.From a dynamic perspective, the evolution presented an overall pattern of “improving levels, widening gaps, ” indicating significant spatial correlation and mostly rank transitions between adjacent development levels.Regarding regional differences, the overall disparity in the index tended to expand.Interregional gaps emerged as the primary source of these differences, with a particularly pronounced divide between the eastern and the central-western regions.Therefore, policymakers are advised to pay close attention to regional imbalances in the advancement of modern finance with Chinese characteristics, precisely identify and address the weaknesses of lagging areas, and foster balanced and coordinated development across regions.