The Comparative Study Of Capital Market Of Inner Mongolia And China's Eastern Developed Provinces

The capital market, as the important adjustment of the economic structure and the promotion of regional economic development, has already integrated with the regional economic and become an important part of regional economy. Inner Mongolia has made great achievements in 30 years' construction of market economy, but in term of the structure of the economic growth, the phenomenon of "Investment Dependency" is very serious. In today's world, enterprises turn the way of financing from bank to the capital market increasingly. In this respect, the development of capital market has become the key of influence and restriction of rapid economic growth of Inner Mongolia. Inner Mongolia has achieved greater development in the capital market, but there is too small number of listed companies in Inner Mongolia, and also quite a number of high-quality assets can not access the capital markets. Capital market development is lagging behind the eastern developed areas. Therefore, it is very meaningfully by comparing the developed areas in eastern Inner Mongolia and the capital market. We can identify gaps and causes and give valuable advice to Inner Mongolia's capital market development.This paper is divided into five parts. The first part is introduction, which describes the background, significance, researches status and purpose of this research and methods. The second part is mainly the theoretical part, which reviews the development of domestic capital market, and focuses on the capital market in Inner Mongolia after introduction of capital and capital market theory. It lays a theoretical foundation in economic development for comparing the theoretical basis between Inner Mongolia and the East. In the third part, it takes Zhejiang Province as example, compares the Inner Mongolia Autonomous Region with Zhejiang Province from four comparison criteria:the supply of capital markets, capital market investment, securities institutions and property rights trading market, and has listed detailed data. On the basis of comparative data of the third part, the fourth part analyzes the reasons of backwardness capital market development in Inner Mongolia. The fifth part is the conclusion, using the development of capital market situation of Inner Mongolia and related theory, it gives the suggestion of capital market development strategy for Inner Mongolia based on the foregoing analysis.In the research process of this paper, it not only focuses on theories, but also learns from the success of analytical experience. One of the features of this article is that it compares and identifies the specific capital market gaps between Inner Mongolia and Zhejiang from the aspects of listed company, the bond market, stock market investors, securities institutions and other aspects of property rights trading market, and analyzes reasons omni-directionally;secondly, innovatively, it gives the strategies of promoting capital market development in Inner Mongolia from the government level, corporate level and market level respectively. And it is an innovative attempt by combine the theory with practice for the author.