| Recently the development of domestic finance is extremely different from region to region. The finance in the central, and east region grow very fast while in the western region grow slow. Among the central, and east region, the most famous one is Shanxi Banks, having branches in most provinces of China, the bank industry in Shanghai has considerable influence and pawn brokers concentrate in the middle and lower reaches of the Yangtze River region. Since Guangxi is located in the southwest border of China, where the trade volume is relatively small, finance development of Guangxi is correspondingly constrained.In 1931, the stable political situation established in Guangxi province, to meet the expanding needs of finance, the New Kuangsi clique government began to develop Guangxi’s financial markets to establish a modern financial system by absorbing lessons from the old government and analysis new financial needs of the reopen market. After years of planning and layout, Guangxi’s finance system established which the joint-stock Banks act the core role and traditional finance institutions act the supportive role. This system is epic significant for the development of finance in Guangxi. Capital accumulated by the advance financial system in Guangxi has invested mainly in mining, transportation, commercial industry and agricultural industry, promoting the local economic development. With advance system and good business environment, Guangxi financial industry set up a relatively independent modern financial system in the domestic.After the Anti-Japanese War began, the situation of China had changed a lot, unite to anti-Japanese became the common aspirations of people, the formation of the cooperation created the conditions for the central financial force infiltrating into Guangxi province. After the government of The Nationalist Party immigrated to Chongqing, according to the instruction of The Four-Joint Headquarters, the nationalized banks set up their branches in every province, it formed a financial network across the country to monopoly the financial of China.The financial cooperation between the Guangxi’s government and the national’s, it concentrated the limited resource to support The Anti-Japanese War. But in the meantime, for the Guangxi’s government considered its own security, it resisted the financial monopoly policies and did anything to against the central government.This article would to recall the history of the province finance in Guangxi from establish to crash,through summarizing the success experience in the process of building the financial system in Guangxi to show the path of its institution path. Attention emphasis to the period which after the financial section of Guangxi be include in the national financial system, the financial section of Guangxi had a difficult development.So the ultimate purpose is to research a problem like that, the underdevelopment province want to reorganized the economic and social order, the government guides to blend in marketing system effectively, what is the relation should to set up between central and local region?In the conclusion of this article, it emphasized the importance to set up a justice and ordered market environment for local finance developing. And it also considered that the local financial institutions should to blend in the marketing mechanism actively, take advantage of strengthen management and plentiful innovation to promote competitive strength of themselves. |
PDF Full Text Request