中文摘要：

自中国-东盟自由贸易区建成以来，中国与东盟的经贸联系日益加强，金融合作也取得了实质性的进展。本文运用衡量金融合作程度的主要方法——消费风险分担模型，对中国与东盟国家1999年-2010年的相关数据进行实证分析，得出中国与东盟金融合作程度较低，尤其是资本市场一体化程度尚处于初级阶段的结论，并对其成因进行解析，以期能够为进一步加强彼此合作提供参考。

英文摘要：

The building of the China- ASEAN free trade area increasingly strengthens the economic ties between China and ASEAN, and financial coopemtlon has made substantial progress. This paper, using the primary method of measuring the degree of financial cooperation - consumption risk sharing model, makes an empirical analysis of the data from 1999 to 2010 in China and ASEAN countries, and concludes that the lower level of financial cooperation between China and ASEAN, especially the cap- ital market integration is still in its infancy, and analyzes its causes, in order to provide references to further strengthen the coop- eration.