Gansu Province Industral Development Of Financial Support

This thesis commented the theory that finance supports development of industry and explained the main function that regional finance promotes regional industrial development, including raising fund on regional industrial development, adjusting industrial structure, improving industrial productivity and impelling the managing structural reform of regional firms. The thesis also explained the inherent mechanism on how finance promotes the adjustment of industrial structure, including fund forming mechanism, fund oriented mechanism, credit expending mechanism, industrial incorporating mechanism, risk preventing and compensating mechanism. There are three factors that finance affects industrial development, which are output structure, organizing structure and technique structure. The conditions that finance supports industrial development include comparatively healthy market system, stable price system which can reflect the relationship between supply and demand of goods and enough unused resource in society. Basic mode that finance supports industrial development include market oriented pattern and government oriented pattern. After analyzing the present development and problems of industry and finance in Gansu province, the thesis put forward the main restricting factors that finance supports industrial development in Gansu province are internal weakness of industry which restricts the efficiency that finance supports industry, the distempered financial system, the narrow financing channel, the high indirect financing pressure of finance organization,the Financial support for structural inadequacies which can not provide different financial service based on the specialty of industry, etc.That finance supports industry development in Gansu province should not only be suitable to the level of industry development, but also express the feature that finance promotes industrial economy and follow the general law of financial capital value movement. In order to provide sustaining, effective and stable finance support for industry development, we should establish and consummate finance structure and market, innovate finance tools and means, deal with the relationship between the direct finance and indirect finance as well as that between business finance and political finance properly. In order to promote the development of regional finance and economy in Gansu province, we should apply the proper combination of finance resource to drive the combination of different super resources in industry. Therefore, as to the strategy and policy arrangement of macro finance system, we should not only consider both the long term and short term situations, but also pay enough attention to the demand of finance support on internal different facets of industry.