Bohai Economic Rim Effective Way To Study The Development Of The Financial Industry

This paper targets at the topic which is a hot but rarely studied one called the regional financial problems in Bohai Sea Economy Circle. With the surging development of China's economy, finance is playing an increasingly important role which shouldn't be ignored and Bohai Sea Economy Circle is a new engine for China's economy. Therefore, study on this topic is of great significance.Firstly, the paper explains the significance of the study and the regional economic theory and the regional financial theory for supporting the following points. Secondly, the paper analyzes the status quo of the financial industry and the financial cooperation situation. The key issue of the problem mainly lies in identifying the regional financial center and the regional integration. Thirdly, the paper predicts the opportunities at home and abroad, such as the 2008 Olympic Games, East and North Asia integration so on and so forth. On this base, the forth part identifies Beijing as the regional financial center after a serious of data and quantitative models analysis. At last, the paper puts forwards the countermeasures on promoting the finance industry in this region. In brief, it can be concluded as "one core, one ladder" mode.The development of finance industry of the Bohai Sea Economy Circle is critical to the regional economic development which will also be conducive for the development of national economy and the economic globalization. However, this paper is only an objective and general analysis of the topic and maybe many mistakes involving. Further exploration is going on to put forward more constructive suggestions and countermeasures.