The Urbanization Response To Financial Industry And Its Influencing Factors

For a long time,the level of urbanization development is regarded as an important indicator of the comprehensive strength of the country,And the development of the financial industry also very important for regional competitiveness.An orderly development of the financial industry can not only drive economic development,but also promote the steady improvement of urbanization.This article will use the perspective of financial geography to explore the time and space pattern of regional financial industry and financial urbanization response,and measure the level of difference and its influencing factors.Finally,I will propose macro and micro development proposals.This research is not only conducive to fully exploring and responding to the requirements of the "financial reality" and "de-leverage"proposed by the Party Central Committee,but also let the financial industry,which is known as the "blood" of the development of the industry,boost the economy and realize the city by industry.Use differentiated strategies to drive the coordinated development of the regional financial industry and use finance to address the uneven distribution of population,industry and production factors.This paper takes the province as the spatial research scale,and takes the financial industry and urbanization development level as the research object.Firstly,using the nuclear density and the Moran's I to analyze the time and space pattern of the development stage of China's financial industry in general,and to explore whether there is spatial imbalance in the financial industry.Then use the financial urbanization response model to analyze the financial urbanization response of 31 provinces and cities in China,and explore the relationship between the unbalanced development of the financial industry and urbanization.On this basis,the spatial and temporal geographical weighted regression model is used to explore the mechanism of the influence of this spatial difference.Finally,based on the above differences and their influencing factors,based on the perspective of the balanced development of the financial industry in the region,the relevant suggestions are put forward.After research,the main conclusions are as follows.(1)The growth of the financial industry is relatively strong,and the average annual growth rate of each province has remained above 15%.The trend of spatial agglomeration is from low to high,and the regional imbalance is further strengthened.Correspondingly,the regional financial urbanization response coefficient gap is also gradually decreasing.With the urbanization level of about 75%as the dividing line,it is divided into two types of development:"urban feeding" and "financial feeding".The development gap between the "financial back-feeding" region and the "urban feeding" region will further widen.(2)From the analysis results of six influencing factors,the time-space geo-weighted regression model has a high degree of fit.Except for the overall development level of the region,the other five indicators mainly have positive effects.The overall development level coefficient of the region shows relatively stable negative fluctuations,and the negative phase coefficient increases continuously,showing a trend of increasing year by year.That is,as the overall development level of the region increases,the development of urbanization has a weakening effect on finance.The largest coefficient among the positive effects is the per capita gross national product and the level of regional globalization.Among them,the coefficient of gross national product,the level of regional globalization and the number of college graduates are increasing.The per capita built-up area and per capita fixed assets investment coefficient show a decreasing trend.(3)Bacause of the overall spatial correlation network density of the financial industry shows the pattern of“Oriental strong?West weak?Southern secret?Northern sparse",and Shows a low spatial correlation and a large regional difference,Therefore,in the way of promoting the coordinated development of cross-regional finance across the country,we should strengthen the planning method from point to axis.The policy should rationally adjust the national,regional and regional financial centers,strengthen the "3+2" space development corridor,and differentiate the space industry strategy to drive the coordinated development of regional finance,thus making the national strategy of "financial implementation" service.