Empirical Research On The Interactive Relationship Between The Listed Companies And Economic Development Of Xinjiang

As the microcosmic main body, listed companies is the source of growth anddriving force in modern economic development, its development is conducive topromoting regional economic development. Xinjiang listed companies in recent yearshave greater development, it has an important role in Xinjiang economic developmentfor the development of new financing channels, financing structure, the cultivation ofspecial industries, the introduction of high-end talent, the reform of the economicsystem, the upgrading of the industrial structure and change in the mode of economicdevelopment, regional economic development. And the development of the Xinjiangeconomy has an important role in promoting the local listed companies and non-listedcompanies development. In the context of the national policy support for economicdevelopment, Xinjiang listed companies are confronted with development opportunityhitherto unknown. Firstly, this paper makes a literature review on the stock market,the listed companies and the regional economic development at home and abroad.Secondly, analyzes the basic situation of Xinjiang listed companies, including thedevelopment scale, the distribution and existing problems. Thirdly, takes therelationship between listed companies and the Xinjiang economy as the researchobject, considers the positive effect of the listed companies on the Xinjiang economicdevelopment, and estimates the direct, indirect, dynamic, static contribution toXinjiang GDP by the value added by listed companies through establishing models.And the study on the influence of Xinjiang local economic development for thedevelopment of listed companies, analyzes the influence degree through the principalcomponent regression analysis method. Finally, the local government should makeslisted companies bigger and stronger, and takes the listed companies as the leaders topromote local economic development in Xinjiang, and strengthens the work ofpromoting the listing of enterprises, cultivates the non-listed company actively topromote more Xinjiang enterprises listed, so as to achieve the great-leap-forwarddevelopment in Xinjiang.