| The theory of economic growth holds that the internal power to promote economic growth is the upgrading of industrial structure.Only by adapting to the level of market development can we achieve rapid economic development and maximize economic benefits.As early as 2007,the national development and Reform Commission issued a notice on promoting the upgrading of the industrial structure,in 2014 the State Council also issued a series of documents on accelerating the development of the third industry,until 2016 the "13th Five-Year" plan,is highlighted at the present stage of the industrial structure upgrading of great significance to the economic development in china.Although the economic development of Hubei province is relatively rapid in recent years,the industrial structure is in constant adjustment and upgrading,industrial technology level is also rising,but the rationalization degree of industrial structure and the eastern region and some developed countries there is still a certain gap,the quality of industrial development began to face the restriction of resources and environment,labor and other factors,industry the upgrading of the structure is facing a bottleneck.In order to further upgrade the industrial structure of Hubei,it is necessary to use the capital flow mechanism to achieve it.On the one hand,the financial mechanism is through the transfer of funds to invest capital to guide and influence the change of industrial structure;on the other hand,as an important part of the productive service industry development of the financial industry,it will increase the output of the third industry in the national economy,optimizing the internal structure of the third industry.Therefore,from the perspective of financial development and upgrading the industrial structure of Hubei Province,can not only provide a clear direction for the Hubei Province,the upgrading of the industrial structure,but also can promote the perfection of Hubei province's financial system and financial development,the financial industry in Hubei province to better play its role in promoting the upgrading of the industrial structureThis article first defines the financial development and industrial upgrading in the meaning of relevant theoretical knowledge of the two are introduced;then elaborated the financial development in promoting the upgrading mechanism of industrial structure in the process;combine theory two aspects,affecting the development of in-depth study of the financial industry specific way the structure of the.Secondly,through the analysis of the present situation of Hubei Province financial and industrial structure,summed up the Hubei Province financial development problems of financial small scale,unreasonable financial structure,financial efficiency is low;the development of industries in Hubei province also exists in the internal structure of each industry sector is not reasonable,between the three industries and other financial problems;the development in promoting the upgrading of the industrial structure also exist over reliance on bank credit and the real economy,financial derailment,lack of product innovation.Again,based on the statistical data of Hubei province from 2006 to 2016,with the financial ratio,loan deposit ratio,the proportion of direct financing and indirect financing ratio as independent variables,with the upgrading of the industrial structure index as dependent variables to establish economic model to test the relationship between them,draws the following conclusion:enhancing the level of financial development and expand the scale of direct financing can promote the upgrading of the industrial structure;influence the efficiency of financial development and direct financing scale on the industrial structure there is a certain lag.Finally,according to the above analysis,put forward to promote financial development in Hubei province to speed up some countermeasures and suggestions to upgrade the industrial structure:to enhance the overall strength of the financial sector,to support the upgrading of the industrial structure,improve the financial system to enhance the overall strength of the financial sector,accelerate the reform of the banking sector to promote the rational flow of industrial capital,to expand the scale of direct financing industrial upgrading and expansion of financing channels,strengthen the financial support policy for the development of industrial technological progress,strengthen credit policy and industrial policy coordination... |
