Analysis And Countermeasures On The Level Of Financial Pressure In My Country's Sub-provincial Cities

With the rapid and continuous development of urbanization,urban modernization must provide all-round public facilities and public services that are needed by the citizens,and the livelihood guarantee of urban residents and the continuous development of people's livelihood also require for a higher level of financial support from the public financial institutions,these indispensable demands bring a great challenge to public financial institutions.With decrease growth rate of China's economic,the implementation of the fee reduction and tax reduction policy further compressed the development space of urban financial,which makes the level of financial pressure of China's cities increase.The sub-province-level cities are second important cities compared with the province-level municipalities in the aspect of administrative status,playing a vital role in China's economic and social development,and its own development affects the surrounding areas,therefore,the study of the financial pressure in the sub-province-level cities can help to find its impact factors,determine the level of pressure,and help to propose the targeted relief solutions.This paper selects 21 indicators of economic,social,and financial factors that influence the current state of financial pressure in the sub-province-level cities,makes empirical analysis by using the data from 2016 to 2018,the financial stress level of sub-province-level cities are divided into three categories by using the entropy method and the results of SPSS.The financial situation in Guangzhou is the best,and the level of financial pressure in Wuhan,Hangzhou,Shenzhen,Harbin and Qingdao is moderate,as for cities of Jinan,Xi'an,Changchun,Shenyang,Xiamen,Dalian,Chengdu,Nanjing,Ningbo,the financial pressure level is higher.Combining the results of the analysis of the financial pressure level of the sub-province-level cities,and taking Qingdao as a detailed case,it can be concluded that the release of fiscal pressure in Qingdao should be improved in the aspects of industrial structure,taxation and the level of financial self-sufficiency,then the paper further puts forward some suggestions such as promoting industrial structure transformation and upgrading,optimizing fiscal revenue and expenditure structure,standardizing the debt management of government and promoting the high-quality and new urbanization constructions.