Notice of RetractionConvergence and divergence analysis on China´s regional financial development

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

The paper employs Gini coefficient decomposition approach to uncover the change tendency of regional financial development disparity in China and the change characteristics of sources of the disparity, and uses MEDD to deeply analyze the shape of distribution of regional financial disparity and the transition characteristics of internal structure. The results reveal that the regional financial development disparity shows a reduction-expansion-reduction trend, and the disparities between different regions dominate the change tendency. The dominant factors successively manifested in the movement of high level club towards low level one, polarization, and the movement of low level club towards high level one. The convergence tendency of regional financial development in recent years demonstrates that the coordinated regional development strategy adopted by China has achieved significant effects.