An Comparative Research Of Promoting Action Of Regional Finance On Regional Economy's Modernization

Through 30 years' high increase, Zhejiang economy has already steped into the new development stage. At the end of the year 2007, Zhejiang GDP has reached 18638 trillion RMB, account for 8% of the whole nation'GDP and became the first province that per capita GDP breaks 4000 U. S. dollars (besides Taiwan province). Agriculture, industry, service account for 5.5%,54.1%,40.4% respectively. Service industry economic began to take shape. Total export-import volume takes up 8% of the whole nation, foreign trade surplus is to account for more than 30% of the whole nation.Zhejiang economy is also facing significant problems and difficulties. Raw material and labour power price are going up. The international economy is turning bad. These unfavourable factors have produced extremely large adverse effect to Zhejiang which is Export-oriented. How to remove these negative factors, and to realize industrial upgrading, lay down basis for the next development of momentary scheduled time become the problem demanding prompt solution.The main body of paper starts off from the finance restraint, the finance deepens and other relevant concepts. Combinatize relevant theory and demonstration study home and abroad, expound and prove that to develop the local finance have active effects on local development of the economy. Based on this theory, the main body of the paper takes the Taiwan local government economic and financial policy guiding as outstanding aspects; divide the entire Taiwan economic growth process into some stages. Has detailed description of the policy has reached. The paper focuses on reform of Taiwanese exchange rate, foreign exchange control the system reformation process and comes into being effect. Afterwards, the article adopt financial relevant proportion , the finance serves to popularize-rization what degree, the banking institution market share and finance implement structure this four indices analysis Taiwan financial reform produce a finance deepens effect.The paper states from key financial element, marketplace growth degree, economic growth degree, triple industrial set-ups, foreign trade, and resource gift. There is strong feasibility to adopt Taiwan experiences to develop local financial economy. After making use of GDP, M2 supplies, banking institutions to build model, the paper illustrates that credit and broad money M2 supplies increase being able to stimulate the increase of GDP. But increasing credit puts into circulation having no way to produce active effect on upgrading of industrial structure, effective broad currency issue is able to promote economy.Taiwan has full experience in popular finance governing, commercial bank reform and structing of local financial company, comparing Zhejiang with Taiwan to find out their differences, the main body of book has the pertinency field to have submitted concrete policy suggestion. Finally, this chapter put forward taking lifting system ability to innovate the finance management function reinforcing the local government as point of penetration; breakthrough point , structures entire Zhejiang local financial system , drive the Zhejiang economy to develop furthermore.