The Development Of China’s Financial Support For The Upgrading Of The Industrial Structure

The12th Five-Year period, the GDP growth target slightly lowered, work focus toaccelerate the transformation of economic development mode, and effectively improve thequality and efficiency of economic development for the realization of the longer term, ahigher level and better quality development. Upgrade the industrial structure is the mostimportant economic transformation, is also a must for sustainable development,"TwelveFive" period, industrial upgrading to the critical period, the financial development ofindustrial upgrading will also play a greater role. Finance as the core of modern economy,its essence is to build bridges between the capital requirements with provider to providecapital transformed by the surplus sector to the shortage department channels. Theallocation of financial resources will the macroeconomic situation and micro enterprisesrun effects have a significant impact, and play a crucial role in the adjustment of theindustrial structure. Adjustment, transformation and upgrading of the industrial structureare inseparable from the financial support and joint development. This paper summarizesthe research status in this field at home and abroad, discusses the concept of financialdevelopment and industrial structure and theoretical foundation, carries on the analysis tothe history and present situation of financial development and industrial structureupgrading of our country, then uses the empirical analysis of financial development insupport of the actual situation of the upgrading of industrial structure, on the basis of thetheoretical and empirical analysis, the proposed policy recommendations for thedevelopment of China’s financial support to upgrade the industrial structure.