Research On The Maturity Of Finance Industry In The Northeast Region

This thesis researches on the growth of finance industry. Based on the basic theories ofthe growth of finance industry, the author describes the periodic natures and space states ofthe growth of finance industry that is attached to the whole country and the Northeast ofChina, further tries to explore the growing model of finance industry in the Northeast ofChina. The studying order of this thesis is from the deduction of general theories to theanalysis of concrete condition, from the observing of whole phenomena to the exploring ofsectional laws. The author carries on the expounding and proving from two aspects: thecrosswise and the longitudinal, which means in dual standards: time and space.The main body of the thesis consists of seven sections.The first section is the part of theory. In the section, the author shows the previoustheories related to the growth of finance industry, and summarizes its basic theory. The authorfirstly makes clear the concepts of finance, finance industry and the growth of financeindustry, and determines the basic contents of study. The research on the growth of financeindustry mainly focuses on the forming factors and growing elements of the finance industryas well as the judging system and the logical process of the growth of finance industry. In thethesis,the author put forward that the growth of finance industry is the confirmation ofquantitative change and qualitative change. In the view of systems theory, the growth offinance industry is the course that the scope of finance system keeps on expanding and itsstructure keeps on improving during the movement. The judging system of the growth offinance industry is consisted of quantitative quotas and qualitative ones. The growth offinance industry experiences a transition from quantitative period to qualitative period in thetime and follows an order from regional collection and regional radiation.The second section describes the nature in the time sequence of the growth of financeindustry by relative quotas on the view of the whole country. Judging by the proportion of itsoutputs value to GDP, we can conclude that the growth of finance industry in China is only inthe inferior phase. Judging by the quantitative quotas and qualitative ones, it can bedetermined that the growth of finance industry in China is detained in the quantitative range.But it also can be seen that the qualitative growth plays more and more important role in thereality of its industrial function. The further growth of finance industry in China mainly aimsto standard and seek wider space of innovation.The third section illustrates the regionalizing nature of the growth of finance industryusing the difference of quotas between regions. The growth of finance industry in Chinareflects the movement in the space, which is from unbalance to balance and at one time-spotshows an obvious regionalizing nature that can be seen through its scope, structure andefficiency. In this section, the author describes four aspects in the space: the unbalanceddistribution of finance organization, the unbalanced increasing of financial business amount,the unbalanced development of financial market system and the unbalanced innovation offinancial system. The regionalizing of the growth of finance industry is owing to thedifferences of some element between regions, including regional conditions, the motive toinnovate caused by the dualism of financial system, the circulatory accumulation of thegrowth of finance industry, the demand in market and the promote of strategy and the humanresources and so on.The forth section studies the present conditions of the growth of finance industry in theNortheast of China, which based on the contrast of quantitative quotas and qualitative ones. Italso explores the restricted factors. It can be observed that the level of growth in Northeastregion is not senior, only in the inferior phase. Though the quantitative growth has madecertain achievement, the qualitative regulation is still faced with many drawbacks. There is agreat gap between the Northeast region and other developed regions in the growth of financeindustry, along with which the difference between three provinces in the Northeast region isobvious. The factors that lead to the backward of the Northeast includes that the ability ofcapital forming is weak because of the low level of economy development and the financialresource flees elsewhere in the open competing pattern and the growth motive and ability isnot strong and other restrictive factors.The fifth section sets forth the relative mechanism between the growth of financeindustry in the Northeast region and the adjustment of the economic structure. Both theadjustment of the economic structure in the city and the adjustment in the country need thesupport of finance industry. But the backward of finance industry not only can't provide thebasic support but also will restrict the development. As the main realizing mechanism, thegrowth of finance industry must be the priority segment.The sixth section expounds the concrete model of the growth of finance industry in theNortheast. According to the present conditions of the growth of finance industry, the authorsets forth the integration growth pattern of the finance industry in the Northeast region,accompanied with the plan to adjust the structure of the property rights and develop regionalfinancial market.The seventh section looks through the course of the growth to study the financial risk.The finance industry is endowed with high risk. During the growth of finance industry, thefinancial risk trends to collect itself so that it leads to an hidden danger to create finance crisisand spread in and out the system, and threatens the financial safety of the whole industrialsystem. In this section, the author generally explains the concept of regional financial risk andits expressions and forming factors and supervising and control. Then set forth severalmeasures to keep on guard of the risk in the Northeast in the light of its concrete cause andexpression including adopting SAP scheme to speed up the information construction ofregional finance industry, and setting up the special institute to supervise and deal with theregional risk, and establishing regional credit system and carrying out the insurance systemfor deposit and so on.