Abstract:This paper uses the data of qinghai province from 1995 to 2016 and uses the common least square method to construct the difference model of qinghai economic growth and Neo intensity index empirically.It is found that the contribution of qinghai's economic growth mainly comes from industrial electricity consumption, railway freight volume and total energy consumption. Medium and long-term loan and R&D expenditure of financial institutions have no significant impact on qinghai economic growth. On the whole, it reflects that the industrial structure of qinghai province is dominated by industry, the ability of financial service economy to develop is insufficient, and the role of scientific and technological innovation in driving economy is limited.