Construction the modern industrial system is the major force behind the economicdevelopment of the various provincial economies in nowadays,build regionalcharacteristics of the modern industrial system is the primary task of the localgovernments at all levels. Industries system can’t be separated from economic the firstimpetus financial support, Financial has the unique feature will promote therationalization of the structure of a modern industrial system and high-class, andultimately the positive interaction between the situation of financial development andindustrial upgrading.The article described, explained, define the modern industrial system, FinancialFunctional and a general theory on the basis of the performance of financial functions,a detailed analysis of Xinjiang to build a modern industrial system in the face ofproblems and dilemmas and Xinjiang financial status of the development. Describedby the statistics related to identify the inter linkages between the industrial system andfinancial development, built by entrepreneurs micro-economic in the use of financialdevelopment and promote industrial high-class and rationalization of the generaltheory of model in the basis of previous studies. Xinjiang in1994-2010dataapplication on the basis of the theoretical model to an empirical test, control variablessuch as market-oriented, the measurement results show that financial development hasa positive role in promoting promote the construction of a modern industrial system inXinjiang.Article of my Government, under the auspices of the modern industrial systembuilding in the financial support of this model come under the government-ledindustrial system in depth analysis, Ordos real estate industry, for example theconstruction of the existence of excessive financial risk and market competition riskdouble risk. Finally, derived on the basis of empirical research to build a modern industrial system of financial support policy recommendations, it is recommendedthat local governments in Xinjiang border to grasp good government intervention andmarket-driven process leading industrial system built, in the mature marketmechanism take the initiative to withdraw from the government-led industrial systembuilding mode, and gave way to market efficiency and sustainability of the industrychoice. |