Research On The Development Of Changchun's Financial Industry

Finance is the core of modern economy, and financial industry plays a very influential role in the economic stability and development of a nation or an area. So the rejuvenation of Changchun Old Industrial Base also must be based on well-operated financial system. However, the development of Changchun financial industry lags behind its economy no matter in terms of the total sum or the structure. And the financial restriction on its economic development has become increasingly evident. Therefore, the major issues in promoting Changchun's economy lie in how to improve its financial industry and how to bring its financial functions in economy into full play. This dissertation starts from the relevant theories of financial industry, and on the basis of investigation on the national and foreign experiences of developing financial industry, some suggestions on the countermeasures are put forward according to Changchun's present situations. There are four chapters as follows in this dissertation.Chapter one illustrates the relevant theories of financial industry. After overall introduction to financial industry, this part concentrates on analysis of the growth theory of financial industry, strategies on financial industrialization and core competence, providing supportive theoretical evidences for later discussion.Chapter two analyzes the present situations of Changchun's financial industry, its weak points and reasons. This section begins with analysis of its present supply capability in both banking and non-bank financial sector, and compare the financial relate ratio and development tendency between Changchun and the whole country .On the basis of this ,the thesis determines the level of Changchun's finance accordingly.It concludes that the development of financial industry lags economic development ,and can not give economy strong support,and it has many problems such as lacking of capital;unsatisfactory financial environment; imperfect incitement and supervisor of financial industry . Then discusses the weak aspects in its development and reasons.The deep reasons include imperfect system of technical support;resource obstacle in financial industrialization;weak growth of people's disposable income; backward reforms of state-owned enterprises; severe outward flow of capital.Chapter three discusses the measures adopted by both developed and developing countries for financial growth, and provides the experiences of domestic advanced provinces, such as Zhejiang and Guangdong, and points out some of which could be learnt from.The last chapter puts forward some concrete countermeasures on the basis of the above three chapters, including disburdening the historical baggage of financial system, regulation of lending behavior, diversification of structure of financial organization, perfection of service functions of financial market, development of regional finance and improvement of financial ecological environment, etc.