The Study Of The Synergy Development Of Strategic Emerging Industry And Finace

After the2008financial crisis, global economy became so weak, and that Chinese economicgrowth also started to slow down. In order to make Chinese economy continued to maintainsteady and sustainable growth, the emergence of new economic growth point is needed to theChinese economy. Strategic emerging industry is the new economic growth points of the Chineseeconomy which are point out from Chinese government. As the strategic industry, it must obtainthe support of the government. In the case of the limited government funds, Strategic emergingindustry must rely on the financial strength to support their development. On the one hand, as anemerging industry, its industry characteristics are different from the traditional industry, thefinance need to innovation and development to match the financing demand. On the other hand,the innovation and development of finance also need motivation. In this situation, start thesynergy development of strategic emerging industry and finance, making them mutually supporteach other become the best choice of promote the development of strategic emerging industry.In this paper, firstly define the concept and characteristics of strategic emerging industry,and then analyzing the development process of the strategic emerging industry and the finance.Use and expand the symbiotic theory, the industrial linkage theory and the synergetic theory, letthem became the the theoretical basis of the synergy development of strategic emerging industryand finance. Secondly, expound the motivation of the synergy development of strategic emergingindustry and finance. In the mechanism of mutual benefit and reciprocity, the synergydevelopment of strategic emerging industry and finance become possible. In the region whichhas the nice basic of strategic emerging industry and finance, could start the synergydevelopment of strategic emerging industry and finance, then it will obtain the four synergydevelopment effect: superimposed effect, accumulative effect, allocation effect and innovationeffect. Thirdly, analyze the different phase of the process of the synergy development of strategicemerging industry and finance. And analyze the different function of government and market inthe different phase. Specially, the paper use the Guangdong Province as the study area,discussing the condition of synergy development of strategic emerging industry and finance inGuangdong. And then establish the index system, use entropy method and synergy degreemethod to calculate the degree of synergy development of strategic emerging industry and finance in Guangdong in recent years,and the results show that the synergy development ofstrategic emerging industry and finance in Guangdong is still in the no synergy phase and theearly synergy phase. At last, this paper gives some policy recommendations.