Study On Countermeasures Of The Coordinate Development Of Financial Industry And Real Economy In Jiangxi Province

"The Rise of Central Region"----the development strategy, which was put in the most important strategic position in China since it was put forward clearly by our Premier Wen Jiabao at the first time in March,2004, is conducive to promoting the integration of the East and the west, the south and the North, and improving the competitiveness of our country. At the same time, it also brought new opportunities to the development of the central region. In recent years, economic development of Jiangxi province has entered a high-speed expansion phase of financial and economic integration gradually, but compared with peripheral brother provinces and cities, Jiangxi province is still in relative backwardness. Facing the new situation, how to promote the upgrading of Jiangxi overall economic strength effectively, reduce the disparity compared with developed provinces, maintain the long-term stable and rapid economic growth, and then improve its economic status, no doubt they are urgent and important issues in front of us.Firstly, the theory of financial development and economic growth are reviewed briefly. Then the dissertation gives an exposition on the current research status of the financial and economic interaction both at the national level and regional level. In this dissertation, basing on the past research results, it applies factor analysis to discuss the gap of current economic situation between central and eastern regions, and financial strength of Jiangxi in the six provinces of central China. Moreover, the dissertation selects a series of representative indicators of the financial industry and the real economy, and then uses regression model and grey relational analysis to do research on the relationship between financial industry and real economy in Jiangxi province according to its empirical data from 1991 to 2009. Furthermore, some conclusions are drawn:indirect financing market development in Jiangxi is conducive to eliminating its duality of the real economy, and promotes the development of its real economy; rapid development of the secondary industry, in turn, will promote the building of finance in this province; overall, the undeveloped, small-scale and low-level financial industry in Jiangxi, which can not provide sufficient financial support for the expansion of economic growth of this province in recent years, and gradually becomes a "bottleneck" to its high-speed economic growth. At last, based on results of empirical research, the dissertation analyzes the problems which were faced in the development of the financial industry and the real economy of Jiangxi province, and gives some suggestions. Jiangxi government should draw up some measures, such as strengthening the construction of the banking industry, expanding the scale of indirect financing market, developing non-agricultural industries, building enterprise clusters, establishing guarantee mechanism, speeding up the process of the capital securities and so on, to bring the mutual driving force between the financial industry and the real economy into full play. The ultimate objective of all above is to achieve the coordinating development of the financial industry and the real economy, upgrade its economic status in the central region, and finally achieve the strategic goal of the rise of central region of China.