Analysis Of China's Capital Market Development Impact Of Industrial Structure

The growth of economic should through industrial development and industrial restructuring to achieve. At present, every countries are accelerating their industrial restructing and actively developing their own high tech industries to promote their industrial structure. And use high technology to transform traditional industries, which in turn promote the rapid development of traditional industries.As the financial crisis influence the real economy, many labor-intensive export enterprises are facing a very tough international environment. This is not only a serious challenge to companies, but also an opportunity to adjust China's industrial structure from labor-intensive to capital-and technology-intensive China should promote the rapid rise of high-tech industries to replace traditional industries as the backbone of China's industrial structure. High-tech enterprises which have high-risk characteristics is difficult to lend from banks to get funding, while capital market investors who are no lack of risk appetite,. So the development high-tech industries can't separate capital markets. Therefore, the capital markets as an important medium for the. transformation of funds, has become an important part of the modern market economy, and play an irreplaceable role in the optimization of industrial structure.Therefore, China should vigorously develop the capital market to promote the sustainable development of our country, upgrade industrial structure, and enhance industrial competitiveness. Capital market as an important factor of modern market economy, use their market price signals and the function of resource allocation to make the funds and resources into more efficient sectors. Capital Markets have many fuctions such as capital accumulation function, which can quickly convert money into capital. In addition, capital market also has a definition of property rights, risk pricing, innovative financial structures and other fuctions, to promote the upgrading of industrial structure and overall development of economic.Based on the analysis of general trends in industrial structure, this paper focuse on analysising the influence of the capital market and industry structural adjustment,. and explore the action between China capital markets and the adjustment of industrial structure.The Paper contents several chapters:Firstly, Chapter one named introduction that introduces the background of the paper and states the current situation of research on the topic and the contents of the paper. Then this paper research the development process and current situation of China's capital market, And analyze the lack of China's capital market,so we can have a specific understanding about our capital market. Thirdly, in the third chapter the factors that will upgrade the industrial structure and the process of industrial structure is analyzed. The fourth chapter will analysis how the capital market impact industrial structure. This part will use the economic data of capital market and industrial structure for empirical analysis by using Eviews software, and finally come to the capital market to upgrade the industrial structure has a positive correlation between the conclusion. In the last part will put forward some policies and proposals of China capital market, to make China's capital market can play a more important role in the industrial structure upgrade.This paper studies the capital market on the impact of the industrial structure optimization and the short of our capital markets, It not only has a strong practical significance to our current economy,, but also has some theoretical value for understanding the development of China's capital market from the perspective of the industrial structure.