Abstract Based on the empirical model, and from the perspective of region, this paper uses the panel data over the period 2000-2013 to analyze the impact of financial development on China’s urbanization, respectively from three aspects: population, income and industry. The results shows that the promotion of financial development does have a positive effect on urbanization of population and industry, and the higher the degree of financial development, the positive effect is more significantly. However, financial development broadens urban-rural income gap at the same time, especially in east China and central China. This study and its policy implications is of great significance for promoting the construction of China’s urbanization.
2016, Vol. 33 
