Abstract: This paper evaluates the comprehensive technical efficiency ,scale efficiency,pure technical efficiency of Xinjiang’s cultural industry investment and financing and its dynamic changes using DEA-BCC Model and Malmquist Model,studies its investment redundancy and insufficient output.The results shows that the overall level of Xinjiang’s cultural industry investment and financing is not high,the combined efficiency and pure technical efficiency are at the bottom of the efficiency curve and are on the rise,the financing scale efficiency has been in the rising range and driven pure technical efficiency.Compared with the whole country,investment redundancy of Xinjiang’s cultural industries is less.Insufficient output is mainly manifested in the less operating profit of cultural enterprises,culture markets are not prosperous.Finally,it puts forward some suggestions to improve the efficiency of investment and financing of culture industry in Xinjiang.

Key words: Culture Industry, Investment and Financing, DEA model, Xinjiang