Abstract: Abstract:According to the characteristic of economic development of Zhejiang province, this paper investigates the relations among labor, capital, land, technique, medium organization and other factors of production and their contribution to economic growth. Based on the empirical analysis, this paper explores the movement rule of factor of production market and its function in resources allocation. This paper also tries to demonstrate development track of factor of production markets and puts forward some suggestion as policy making to make the economy of Zhejiang province sustainable development.

Key words: Key words:Factor of production market, Economic growth, Empirical analysis