Influence Of Xinjiang Financial Ecological Environment Quality On FDI Inflow Scale

The concept of financial ecological environment was first proposed by financial scholar Bai chin in 2001,and then,in 2007,the financial ecology was written into the prime minister’s report.In theory,improvements in the quality of the financial environment could increase the region’s attractiveness to foreign investment,thereby boosting foreign investors’ injection of funds into the region.Improving financial ecological environment quality,means to improve the region’s financial efficiency,but also enhance the ability to resist financial risks,has important theoretical and practical value for the sound and rapid economic development in the region.There is only a good financial environment,in order to reduce the financial sector’s external financial risks and maintain financial security and financial sector can be a healthy development,for local economic development can play a role in promoting.The use of FDI scale for the first time in China in 2014 ranked first in the world,is the world’s largest foreign investment destination,the inflow of FDI in promoting foreign trade openness deepening,the employment situation gradually improved and promote China’s industrial restructuring and upgrading at the same time,also significantly guiding national economic growth overall.Xinjiang area,adjacent to the Central Asian countries,although due to the geographical and cultural factors,not in terms of attracting foreign capital inflows prior,but FDI can not only solve the population problem of employment,but also led Xinjiang to achieve industrial upgrading and structural adjustment,FDI for Xinjiang’s economic development plays a decisive role.Therefore,it is urgent to find out the factors that influence the inflow of Xinjiang’s FDI from the regional financial ecological environment and to maintain and transform it.Based on the ecological environment quality of financial theory,mainly from the China Academy of Social Sciences Institute of Finance issued the "China regional financial ecological environment evaluation report",starting from the economic base,financial development,local government behavior three aspects,suitable for construction of financial ecological environment quality evaluation system of Xinjiang area.By using the spass17.0 data of ten years between 2005-2014 index system in Xinjiang area were analyzed by principal component analysis,and make the corresponding ranking,based on the explanation of Xinjiang’s financial ecological environment quality level of different years;then use eviews8.0 for ten years ranked F and FDI inflows regression,obtained during the past ten years,the financial ecological environment quality score have significant positive correlation effect on FDI,while using 13 basic index system Indicators and FDI inflows empirical analysis.Research shows that the influence of financial ecological environment quality factor is the most significant economic openness,the ability of sustainable development and financial development;financial ecological environment quality of FDI inflows has a positive correlation effect on FDI inflows;most important factors influencing the people of school,teachers and the number of million of loans of financial institutions the balance of growth.