Research On Financial Supporting For Industry Undertaking In Wanjiang City Belt

Industrial transfer is very important for the inter-regional development, which is also important for optimization and upgrading of the regional industrial structure. In the trend of economic globalization and regional economic integration, Chinese industrial structure and economic development face a new round of reform. On account of the labor shortage, deficiency of natural resources, market, and other factors, the development process of Yangtze River Delta urban economic circle goes into the bottleneck, which urgently needs for support by the central and western regions with rich human and natural resources and good market prospects. As a national industrial transfer base, Wanjiang City belt plays an important role in undertaking the industrial transfer in Yangtze River Delta region, promoting Anhui province to participation in Pan Yangtze River Delta regional development and exploring a new pattern of undertaking the industrial transfer by central and western regions.The transfer of industries can not be separated by financial support. Financial support also plays an important role in the process of industrial transfer. It is not long after industrial transfer demonstration district of Wanjiang City Belt set up. The regional financial services industry is not developed enough. Meanwhile, financial support is relatively small to undertake the transfer of industries. Therefore, under the background of strongly supporting the rise of the central region in our country, it is very important to study on the financial support for industry transfer of Wanjiang City belt, to analyze the present situation and deficiencies, and to take suitable countermeasures. It has a very important practical significance for promoting the demonstration district to undertake industrial transfer smoothly and accelerating Anhui Province to integrate into the Yangtze River Delta economic circle better and faster.In the first chapter, the background, purpose and significance of research on financial supporting for industry undertaking in Wanjiang City Belt are introduced. We establish the research scheme, namely the trinity law methods of the dialectical and historical materialism, statistics, comparative analysis and countermeasure research. Then, the simple summary of this paper is described. The innovation and deficiency are presented.In the second chapter, research on industrial transfer theory by domestic and foreign scholars is reviewed. We review the financial and economic development theory, especially focus on the financial repression and financial deepening theory and the theory of financial development. The concept of industry transfer is introduced. The industrial transfer theory is analyzed from international and domestic perspectives for industrial transfer in Wanjiang City belt. On this basis, the relations between the financial support and industrial transfer are discussed. The mechanism about financial support of industrial transfer is elaborated. We get the conclusion that the financial support can have an important influence on the industrial transfer undertaking.In the third chapter, the present situation of industrial undertaking and financial development in Wanjiang City Belt are analyzed. We summarize the undertaking industrial transfer situation of Wanjiang City Belt and especially focus on its advantages to undertake industrial transfer as well as the development of correlative industries. From three aspects of the bank, securities and insurance industry, Wanjiang City Belt financial supply are analyzed, and the relevant indexes are compared with Anhui province. Generally, Banking financial institutions run steadily. Securities industry develops fast, the scale of financing is increasing. Insurance industry is taking on perfect social function. It has important effects on the ascension of financial supply of Wanjiang City Belt. At the same time, we discuss the financial ecological environment condition since the establishment of demonstration district for industrial transfer in Wanjiang City belt. Based on the reformation of financial system, the optimization of legal environment and the construction of financial ecological environment, financial development and economic growth get the harmonious unification and the demonstration district for the Wanjiang City belt is facing continuous development.In the fourth chapter, financial restraint for undertaking industrial transfer in Wanjiang City Belt is discussed. There are six factors for this restraint. First, financial industry development is not balanced and its level is low. Second, financial ecological environment quality is not high. Third, financing development of industry chain is weak, financial product for undertaking the industry transfer is single. Fourth, the existing construction of regional financing platform is relatively backward. Fifth, integration between regional financial institutions and financial institutions in the Yangtze River Delta has not yet been realized. Finally, cooperation between local government and financial institutions is not close enough. The main reasons for these conditions are associated with following aspects: the economy in Anhui province is underdeveloped, soft power of economic development is not strong, the standard of industrial transfer undertaking does not conform to national economy policy, financial policy support is not enough and financial supply structural defects hinder multi-level financial demand. Analysis of these reasons does the groundwork for research on financial support countermeasures to undertake industrial transfer of Wanjiang City Belt.In the fifth chapter, combined with the actual development of undertaking industrial transfer in Wanjiang City Belt, the relevant standard and principle of financial support are proposed. Policy recommendations are suggested from the view angle of bank and government. We present five suggestions to strengthen and accelerate the financial support on the industrial transfer. They are to improve the financial overall strength by promoting the local financial industry development, to deepen the cooperation between government, bank and enterprise, to strengthen the financial ecological environment construction, to increase the proportion of direct financing and broaden the financing channels, to accelerate the financial product and service innovation and improve the financial service level. Finally, we make the summary and prospect of financial support for industry undertaking in Wanjiang City belt.In this paper, the regional research and industrial research are integrated. The importance of financial support is elaborated. Our study may have a practical significance for better research and planning on the development of industry undertaking in Wanjiang City Belt.