Financial Support Beijing County Economy Development

Since China’s reform and opening up, the achievements in economic development have been getting more and more attention. However, the level of economic and social development within the region also vary considerably. To solve the resources bottleneck of economic development, we have to coordinate the economic and social development within the region and improve the carrying capacity of environment, particularly in large cities. In terms of Beijing, the strategic task of world cities require further transformation of economic development models and industrial upgrading.As is known to all, Industry growth needs strong financial support. It is of great important to promote the flow of financial resources and enhance regional capacity for the economic and social development. In this paper, the theory of the finance support regional economic development is summarized first.Then,the discussion and analysis of the key industries in "The Twelfth Five" in Beijing is made. The discussion and analysis conclude the present situation and the characteristic of the key industries. Further more, the financing challenge of these industries and is accomplished. In order to check the relation between the finance and the economic development,this paper make one of districts of Beijing as the example.Through the empirical analysis of financial support and economic development, we can conclude that the economic development can be promoted by finance obviously. At the same time, we note that there exists inadequate financial support. Based on the above analysis, we put forward policy proposals targeted the specific circumstances of Beijing, Including specific financing measures and the corresponding supporting measures, so as to make this dissertation has some practical significance.