The Competitiveness Of The Financial Services Industry In Henan Province

The financial services industry is to become a vital part of the social development process. How its competitiveness both determine the present and the future of the industry itself, also determines its support for the economic development. For the economic development level is relatively weak in the middle of the province of Henan province, the financial services industry of competitiveness is more important and urgent, related problems worthy of investigation and research in the process of development.In this paper, the integrated use of competitiveness theory, financial innovation theory,theory of financial resources, as well as the investigation method and factor analysis and other methods, the combination of the first investigation about the present situation of the financial services industry and its competitiveness of Henan province, the total amount and structure were analyzed; Secondly on the opening of the financial services industry in Henan province,scale, efficiency of economy and the competitiveness of one by one. Followed by the financial services industry competitiveness in Henan empirical analysis, it is concluded that the comprehensive competitiveness rankings across the country and the development of the advantages and disadvantages. After nearly 10 years of development, the financial services industry in Henan province set up a relatively comprehensive system of capital market, has attracted many foreign institutions stationed in the local financial market, the actual use of pinch point, to some extent, ensures the smooth running of the economy. But also should see at the same time, the financial services industry development in Henan province competitiveness is not strong, the level of development is relatively backward, and to provide the support for economic development co., LTD. How to improve the competitiveness of the financial services industry in Henan province, comprehensive to establish and perfect financial market system for the regional economic development is significant.Innovation point of this research is using factor analysis method to the financial services industry in Henan province empirical analysis, quantitative analysis from the perspective ofits competitive strength, and using the quantitative analysis of the results across the country on the ranking; Secondly, the construction of the central plains economic zone and the rise of central China strategy for Henan province’s economic development has brought opportunities and challenges, the third industry in Henan province development momentum is swift and violent, and as a pillar industry of the tertiary industry in the financial services industry needs rapid advance in the adjustment, in this paper, based on this to provide strategic measures.