China-asena Financial Integration on Free Trade Zone

This article focuses on the regional financial integration and research dynamic, connotation and theory, this is primarily based on CAFTA economies and its regional cooperation's background and current situation, and the comprehensive analysis of China-ASEAN financial integration. The analysis focuses on the integrated use of optimal currency area indicator and external dynamic shock with a data panel empirical method, and constructed empirical analysis of regional financial integration indicators. It concludes by promoting CAFTA regional financial integration, its development path, and effective recommendation.