This paper deeply analyzes the features of the new economy in the new situation of the Chinese system and regional financial risk, and based on the accurate measurement of risk prevention research, to carry out a systematic and regional financial risk research.The research mainly includes four aspects: one is screening the Chinese system and regional financial risk characteristics under the new economic situation, and lay a solid foundation for the better study system of regional financial risk; two is starting from the identification of the sources of systemic financial risks, the research of systemic financial risk is pro cyclical, infectious, endogenous and evolution mechanism, and quantitative analysis of systemic financial risk to evaluate the whole risk;The three is from the risk dual attributes, external infectious, sudden nature and measure properties of the regional financial, to research its twisted configuration, the risk of exposure and diffusion of regional financial resea