Research On Financial Support And The Conversion Of Old And New Kinetic Energy Of Urbanization In Shandong Province

Urbanization is not only an important planning related to the overall development of our society,but also an inevitable requirement of modernization.The transformation of new and old kinetic energy is an important strategy of economic development in our country at the present stage.Promoting the transformation of new and old kinetic energy in the development of urbanization in Shandong province is helpful to stimulate the vitality of cities and towns and promote the all-round development of urbanization in Shandong province.After years of development,the financial market of Shandong province has been greatly improved in terms of financial scale,efficiency and structure.It is of great significance to study the supporting effect of finance on the transformation of new and old kinetic energy of urbanization in Shandong province to promote the development of urbanization in Shandong province and to make up for the financial shortcomings.This is also the construction.An important supplement to the comprehensive experimental area of kinetic energy conversion between old and new in Shandong.This paper studies the supporting effect of finance on population,industry,science and technology and system,in order to promote the development of urbanization in Shandong province through the transformation of new and old kinetic energy.First of all,it combs the literature of domestic and foreign experts and scholars on the mechanism of financial support for urbanization construction and urbanization development,and finds that the supporting effect of finance on urbanization construction is mainly reflected in the financial support of infrastructure construction.The kinetic energy to promote the development of urbanization mainly includes the increase of urban population,the accumulation of talent capital,the coordinated role of science and technology innovation and the government and the market,and so on.Secondly,it expounds the main theories of the kinetic energy mechanism of financial support and urbanization,and expounds the cities and towns.On the basis of the related theories,this paper analyzes the population,industry,science and technology,institutional kinetic energy of urbanization development,and the supporting mechanism of finance to these four urbanization development kinetic energy.Thirdly,through the analysis of the present situation of the transformation of new and old kinetic energy of finance and urbanization in Shandong province,it is found that the conversion of kinetic energy in Shandong province is good,but the development of financial market is not sufficient and the financial efficiency needs to be improved.Then,the relevant data are selected for empirical analysis.Through principal component analysis,error correction model and robustness analysis,we can see that the kinetic energy development of urbanization inShandong province is good,and the financial scale and financial efficiency have both the new and old kinetic energy conversion of urbanization in Shandong province.It has the effect of support,and the financial structure hinders the development of urbanization.Finally,the above research is summarized,and the conclusions are drawn,and reasonable suggestions are put forward in the aspects of population,industry,science and technology and system,so that finance can better promote the transformation and development of urbanization kinetic energy mechanism.