Research On The Impact Of Financial Support On Tianjin’s Industrial Structure Adjustment

At present,China’s economy has entered a new era,and industrial restructuring has become the main means to promote the transformation of economic growth mode,among which financial support has evolved into an important way to promote stable economic development,improve industrial efficiency and improve people’s quality of life.The adjustment of industrial structure is not only the reasonable choice of industrial form by market mechanism,but also the active guidance of national policy to the harmonious development of industry.As an important part of China’s economy,tianjin should seize the historical opportunity to achieve sound and rapid development of its economy in this critical stage of transformation and upgrading.Further promoting the optimization and upgrading of industrial structure is the only way.In this paper,the influence of financial support for the tianjin industrial structure adjustment as the main object of study,from the market-oriented financial support this way to explore the mechanism of financial support on industrial structure adjustment,and the theoretical proof of financial support for the tianjin industrial structure adjustment,and then a comprehensive system of analysis in the process of finance in support of tianjin industrial structure adjustment development present situation and the existing problems,on this basis,the empirical study to investigate the financial market support for the tianjin industrial structure adjustment,And how to better play the financial power to promote the rationalization of the industrial structure of tianjin advanced and sustainable policy recommendations.Firstly,at the theoretical level,this paper comprehensively and systematically sorted out the relevant theories in the financial development process and industrial structure.Then qualitative analysis of financial support for industrial restructuring mechanism.Specifically,this paper analyzes how financial support plays a role in industrial structure adjustment from three aspects:rationalization of industrial structure,advanced industrial structure and sustainability.Secondly,this paper analyzes the status quo of financial support for industrial restructuring in tianjin.Tianjin is the third economic growth point and financial innovation center in the period of China’s economic transformation and development.However,at present,the industrial structure adjustment of financial support in tianjin is still in a relatively preliminary stage,and there are still some problems such as limited foreign aid fund support,unreasonable bank credit supply,and poor financing in the capital market,which affect the development progress of industrial structure adjustment in tianjin.At the empirical level,based on the comprehensive on the basis of predecessors’research and the real economy from the rationalization of industrial structure,the fundamentals and sustainable development from three aspects of comprehensive evaluation of tianjin industrial structure adjustment,and selected the tianjim,jiangsu,guangdong,shandong,liaoning,fujian,Beijing,Shanghai,the nine provinces of hcilongjiang province,by using data from 2002 to 2017,14 variables,factor analysis to extract the representative comprehensive factor,and then to nine area industrial structure adjustment of performance measurement and ranking.The comprehensive evaluation index obtained by factor analysis is used as the explained variable to measure the achievement of industrial structure adjustment in tianjin.Appropriate financial support indicators are selected from the three dimensions of banking market,securities market and insurance market to explore their correlation with industrial restructuring.The results show that there is a positive correlation between the scale of bank deposits and loans and the comprehensive evaluation index of industrial structure adjustment.Stock financing has negative effect on industrial structure adjustment.Insurance depth and insurance density have positive effects on industrial structure adj ustment.Finally,this paper puts forward policy Suggestions for the problems found in the above empirical analysis.Including strengthening the service efficiency of tianjin commercial Banks to various industries;To enhance the service scope of the capital market of tianjin for various industries;Increase the intensity of tianjin policy-based finance and industrial structure adj ustment.