Research On Financial Incline In The Development Of Leading Industry

Leading industry refers to the Industrial Department which develops rapidly, has an important lead role, and resides in the dominant position in the national economy. Leading industry plays a great role in spurring and guiding the industrial structure and the economic development, and has the broad market prospect and the ability of technological updating. Financial incline is a method of macroscopic intervention that the government uses, and a method of finance to support the development of economy or leading industry, pillar industry, strategic industry and so on, so that it may modify the industrial structure and status, and enhance the industrial competitive power. Accelerating the development of leading industry, it need financial incline policy's support. This article has discussed in the financial incline policy's function on leading industry's development process. Our country mainly provides some financial services, such as developmental loan, venture capital, and credit guarantee to support the leading industry's development and transformation. But during the promotion of leading industry, these policies also bring certain negative influence on the leading industry, such as leading to leading industry's dependency, imbalance, and unfairness and so on.For further conducting the research to the relationship of leading industry and financial incline, this article adopts the empirical analysis method in the fourth chapter, in order to analyze and illustrate with the specific aspect. Taking the real estate industry which is our country's leading industry for example, the article uses econometrics knowledge and Eveiws5.0 software to analyze the relationship of the real estate industry development and indirect, direct finance, finally draws the conclusion. First, as our country's leading industry, the real estate industry plays the influential role in the national economy growth. Second, from the perspective of the degree of the indirect finance and the direct finance to our country real estate industry development's contribution, the indirect amount of financing increases 1% every time, while our country real estate industry income will increase 0.68%; the direct amount of financing increases 1% every time, while our country real estate industry income increases 0.41 %.Japan and South Korea financial system and policy have a great significance on reference to our country. This article has analyzed in both countries' practice courses of leading industries" financial incline policies, and reflected on experiences and involvements, and proposed own opinion, mainly such as that we must control the scale of the financial incline policy, and its proportion should not oversized and we may formulate the corresponding laws and regulations in order to carry on the standardization policy implementation.Global finance environment's change and American loan crisis's eruption, which cause our country's financial environment to under the very tremendous influence and impact. In addition, The assurance that our country pledged financial opening to the outside world after we joined the WTO also change our country financial environment, all that will cause our country's financial incline policy to change and adjust. Basing on the analysis in global as well as our country financial environmental variation, this article proposed the adjustment countermeasure of the finance incline policy in our country's leading industry development. It's think that our country should strengthen the surveillance system of the finance incline policy, to prevent the financial risk and the moral hazard, in order to establish the effective effect appraisal mechanism, and make its goal more explicit and easy to supervise.