Study On Coordination Between Fictitious Economy And Real Economy Of Changchun

This paper describes the relation of the development of financial industry and economics, summarizes the development of Changchun City and the general situation of the financial industry. Modern market economic activities are composed of fictitious economy and real economy. This paper summarizes and references the research result and the research method from the scholars at home and abroad on the study of the theory of fictitious economy and real economy, and on basis of which, according to the survey and collecting and analyzing the statistical data to complete the study on Changchun about the fictitious economy and real economy. This paper highlights the problem during the development of fictitious economy and real economy in Changchun, and raises some solutions to the corresponding problem. At the same time this paper also elaborates the relationship between fictitious economy and real economy and the relationship between financial innovation and financial supervision. First I point out that some main problems in Changchun's economy: Real economy structure is irrational, the growth of entity enterprise and local economy is weak, low investment rate, total investment is small, and entity enterprise's competitiveness is not enough. Real economy is the basis of fictitious economy. So I point out that we should ensure the real economy of Changchun to develop healthily, and increase the investment of technology and equipment. Finally improve the economic structure and stimulate the vitality of enterprises. Second fictitious economy can promote the real economy. Fictitious economy is created to meet the needs of real economy, and should serve for real economy. With the development of capital markets,real economy and fictitious economy is at the stage of joint development. The rate of fictitious economy in China's economy is increasing continuously. Since the reform and opening, Changchun established capital market, money market, futures markets, insurance market and foreign exchange market relying on the financial market system. Changchun formed gradually commercial Banks, securities companies, insurance companies and trust and investment companies, such as multi-level financial system. Fictitious economy components are increasing rapidly at the region of Changchun, financial transaction varieties has become increasingly rich and colorful. Although the fictitious economy has made some degree of development of the overall economy, it is still very low, the composition with other city development of financial market size and speed, compared to still lags behind that of developed regions. This paper firstly analyzes that Changchun's fictitious economy is small, capital market development lags behind, the average level of financial innovation and development of standard level international behind, then pertinently from expanding virtual economies of scale and scope, standardize and develop capital market, actively develop securities market, to enlarge the proportion of direct financing and attract investment, improve the innovative financial products are given technology innovation etc of Changchun city development path and Suggestions of fictitious economy. Finally, this paper puts forward a double-edged sword of fictitious economy, financial innovation in promoting the rapid economic development, but also susceptible to financial risks, and proposes strengthening financial supervision path and suggestions.