The Research Of Effects Of Financial Development On Industrial Structure Optimization In Central China

Since the national “Twelfth Five-Year Plan” introduced, the centralprovinces have introduced their own estate planning: reducing energyconsumption, promoting the development of high-tech industries, enhancing the levelof industrial development, have become the urgent needs of the provincial industrialstructure optimization; while finance as the core of modern economy, it has a pivotalposition in the process of industrial structure optimization. What the impactof financial development on the industrial structure optimization, how to guidethe financial markets play an active role in the current round of industrialrestructuring, has become a hot topic in the theory and practice circles.Based on this, this paper researches the impact of financial development oncentral China’s industrial structure optimization, and follows the this research path:concept definition-Situation Analysis-Empirical-policy recommendations. Thefinancial development refers to the financial institutions and assets improve both inthe quantity and quality, as demonstrated by the expanding of the scale of financialaggregates, the optimization of financial structure and the improvement of financialefficiency. Industrial structure optimization is the unity of rationalization andsophistication of the industrial structure; it is a status that the industrialstructures achieves a coordinated and evolutes orderly from low level tohigh level; and have a brief analysis of the mechanism. The current level of financialdevelopment in Central China increased significantly,the total scale of finance, Finan-cial structure and financial efficiency were improved. But there are still regionaldevelopment imbalances; industrial structure optimization improved continuously, itperforms that: industrial energy consumption and the degree of deviation graduallyreduce, the industrial structure is becoming more rational; the rate of optimization andindustrial innovation capacity has gradually increased, the sophistication of theindustrial structure is evident. Then, select the relevant sample data, construct paneldata regression model and it confirms that the effects of financial development onindustrial structure optimization in Central China. Finally, on the base of theprevious study, put forward the corresponding countermeasures and suggestions.