Research on the Financial Supports to Economic Development of Ethnic Regions in China

Abstract

Generally speaking, the economic development in ethnic regions is characterized by relative backwardness, huge gap with mainstay economy, slow rate of economic development, low degree of socialization and single economic structure. To accelerate economic and social development of ethnic regions, the financial supports policies with national features is needed to promoting rapid economic development and developing small and medium-sized Banks, establishing financial reform experimental district and perfect insurance and guarantee system in ethnic regions.