Using the unit root tests,cointegration tests and error correction models in panel data and based on the eastern and western province regional data,this paper aims to identify the long term and short term relations between the financial development and economic growth in eastern and western region of China.The empirical results show the obvious difference in eastern and western region of China: There is a unidirectional long-term causality from financial development to growth and no short-term causality in western region.However,a bi-directional long-term relation and a bi-directional short-term causality are founded in eastern region.Some policies are put forward to promote the coordination development of economy and finance in eastern and western region of China.