Research On Banking Cooperation During A Period Of Financial Integration In The Beijing-Tianjin-Hebei Region

As the economy is growing rapidly and the connections between regions is becoming closer,financial cooperation seems to have become an irreversible trend.In foreign countries there are successful precedents such as EU while domestically there are two prosperous economic zones,i.e.Yangtze River Delta Economic Zone and Pearl River Delta Economic Zone.As a result,financial integration in Beijing-Tianjin-Hebei region has also been taken seriously.The idea of coordinated development in this area,although proposed at the very beginning of 21th century,was officially adopted until 2015 with a major focus on finance.For a long time,the process of finance integration in Beijing-Tianjin-Hebei region has been very slow and thus unbalanced financial resources in three provinces has led to greater competition than cooperation.This phenomenon do no good to financial resource flow and optimized resource allocation in the area,which further led to the stagnation of the expected coordinated development.Economic growth cannot be separated from financial support,therefore,strengthening financial cooperation in this capital economic circle can be said to be imminent.And due to the fact that bank is still holding a dominant position in the economic system of our country and numerous enterprises need financial support and credit from the bank,it is possible to tell how economy develops according to the business conditions of the bank without exaggeration.Mutual coordination and cooperation between the banking systems provide better support not only for enterprises but also to promote economic growth.That is why researching on banking cooperation is highly necessary in the period of financial integration in the Beijing-Tianjin-Hebei region.This article first explains the necessity and urgency of banking cooperation in order to achieve the goal of financial integration in Beijing-Tianjin-Hebei area and economy growth.Then it attempts to show from the angle of banking in these three provinces and analyzes bank scale,constitution of deposits and loan and intermediate business of different banks.Finally it draws conclusions that the gap between the scale of banking and deposit-loan projects in each region is large.At the same time,strategic positioning,supervision and weak cooperating awareness also resulted in the unsmoothing financial cooperation.In the end,the essay puts forward suggestions like financial arrangement,rational division of resources,taking advantages of their respective comparative advantages and creating more advantageous financial environment as well as strengthening inter-regional cooperation.The limitation of this paper is that the data is insufficient.Bank data is not too much and data according to the region is much less,so the analysis of the specific project cannot be very accurate.