Study On Regional Financial Integration Development Of Beijing-Tianjin-Hebei

Since the integration of Beijing,Tianjin and Hebei was put forward in 2014,it has become a very critical development strategy in the national development planning.The coordinated development of Beijing-Tianjin-Hebei regional finance not only provides the basic settings,ecological environment,financial and personnel support for the development of Tianjin-Hebei,but also provides opportunities for the development of Tianjin-Hebei,thus promoting the optimal allocation of resources in the three regions,and realizing industrial upgrading and transformation.From the perspective of national development,the financial integration of Beijing,Tianjin and Hebei is more conducive to building a national or even world-wide financial center,establishing a more perfect financial system,and promoting the better and faster development of China's economy.Firstly,the relevant theoretical achievements of regional financial integration at home and abroad are sorted out,and the theoretical framework is constructed from three aspects: regional financial theory,regional financial integration and financial center theory.Then,based on the qualitative analysis of the process of regional financial integration in Beijing,Tianjin and Hebei and the development opportunities and obstacles of financial integration in the three places,the paper makes an empirical study on the degree of financial integration in Beijing,Tianjin and Hebei by using the model of savings-investment correlation analysis.The results show that the level of financial integration in the three places has been improved to a certain extent,and has a certain degree of liquidity.The level of integration is still not high.Finally,some countermeasures are put forward to accelerate the development of Beijing-Tianjin-Hebei regional financial integration,including the construction of Beijing-Tianjin-Hebei financial cooperation system,the construction of financial talents,the establishment of regional financial integration platform based on Internet finance,and the utilization of regional policy resources.These measures are of great practical significance to promote Beijing-Tianjin-Hebei regional financial integration.