Economic Development and Financial Development - Focusing on Typical Case Analysis in Beijing

Author: Liu Xiao Yuan
Publisher:
Publish Date: 2007-02-01
Features: With the increasing role and significance of finance in the modern economy, financial development and economic development are deeply intertwined. Finance has become the core of the modern economic operation, the general hub of capital circulation in the whole society, and a key factor influencing and determining modern economic growth. Since the reform and opening-up, China's finance has continuously deepened and developed. As the capital of China, Beijing has unique advantages in developing the financial industry. However, due to the lack of a clear positioning, the preferential policies and development environment related to Beijing's financial industry are clearly incompatible with the requirements of economic development, severely hindering the improvement of the service level of Beijing's financial industry. The development of Beijing's financial industry is not only related to the economic development of the capital but is also closely linked to the overall structure of China's financial industry. How to fully leverage the development advantages and potential of Beijing's financial industry to enhance the overall development level of China's financial industry is the key issue this book attempts to address. Based on the research achievements of economic growth theory, financial development theory, and regional financial theory, this book takes the Beijing area as a typical case. After a comprehensive review of the development history and current status of Beijing's financial industry, it proposes the financial development strategy and implementation measures for Beijing.