Research On Balance Development Of Virtual Economy And Real Economy In Northeast Old Industrial Base

In market economy, a modern economic system has been constituted by virtual economy and real economy and their interaction patterns, both mutual promotion and common development. While virtual economy exists independently, it also based on the real economy. Although virtual economy corresponds to real economy, it can run on a positive impact and help improve the real economy on both quality and efficiency. How to promote balance development of the two is inevitable trend of economic development and also an important element to be studied.It has a long history that research on the relationship between virtual economy and real economy. Marx studied the logic of the virtual economy foundation and capital value of the virtual property. After that, research begun in earnest. Down both the main directions of evolution, that is, virtual capital, wealth and the value of a particular virtual inquiry as the core content, and symbol economy, in money and credit as the core contents of studies. The opinion research for the virtual economy has made a significant contribution to the basic. Domestic scholars have also described the main opinion, the theoretical circles for more in-depth understanding of this issue provides a reference.Theoretical studies have shown that,virtual economy and real economy are two relatively independent part of the operation ,and have strong relatively interdependence through specific mutual link with. First, real economy is the emergence and development of the foundation of virtual economy. Second, virtual economy is an important driving force of rapid economic development entities. Virtual economy is a very rich structure system, a variety of external manifestations play a role on real economy, and seeking feedback in process of economic growth. Virtual economy is also affected on real economy. Major positive impact as follows: First, it can improve the efficiency of resource allocation. Second, it is conducive to diversify risks, reduce transaction costs. Third, it has the early-warning function on real economy. But negative impacts are that: First, derivatives transaction may lead to local or systemic risk. Second, virtual economic cycle deviated from real economy cycle may be induced excessive systemic risks. Third, the over-development of virtual economy causes bubble economy and increased volatility in financial markets shaken credit foundation of real economy.Virtual economy has structural imbalance with real economy. (1) Structural differences in the body of virtual economy, mainly manifested as follows: First, as the main of financing, bank having the cost advantage, but this mode of financing is also adversely affected. Second is to raise funds through the issuance of shares caused asymmetric information by adverse selection and moral hazard problem. Third is issuance of bonds will have higher costs. (2) Uneven development between virtual economy and real economy. With economic development, it appear trend of more virtual assets arising from the real assets and relatively independent. There will be risks in economic development, main problems: First, wide-coverage. Second, large impact. Third, cumulative risk of faster conduction and increased proliferation. This risk will inevitably lead to irrational exuberance of virtual economy. Virtual economic risks arising due to: first, social division of labor continuous deepening expands the possibility and occurrence of economic risks. Second, degree of democratization and economic risks associated reverse. Third, development trends of economic globalization lead to economic expansion of the risk of conduction dimension. Lack of supervision in the virtual economy inherent risks and dangers, and also, the value of the real economy will be affected.As a relatively backward area, the Old Northeast Industrial Base in China exist the negative factors of economies scale and system structure by history, geography and many other aspects of constraints. However, another perspective, the existing situation is also reflected in its unique advantages. There are difficulties in development. First, although the pace of state-owned enterprise reform has been accelerated, it still faces many difficulties. Second, the entity enterprise, the local economy remains sluggish. Third, there is the basic situation of the irrational structure. Fourth, shortage of funds and lack of development potential. Fifth, investment environment is still unsatisfactory. There is a combination of uneven status between virtual economy and real economy in Northeast Old Industrial Base. The main problems: First, virtual low utilization efficiency of capital markets. Second, less than the overall profitability of enterprises and refinancing function. Third, real economy development level virtualization is not high. For Northeast Old Industrial Base, it is necessary to aim at virtual economy and real economy interactive actual situation, fairness and efficiency at a reasonable choice so that it can promote balanced development.In order to improve the balanced development between virtual economy and real economy in Northeast Old Industrial Base, it is mainly reflected in three aspects. (1) Speed up the industrial upgrading of the Northeast Old Industrial Bases. First, Speed up innovation on financing system and mechanism, and promote the real economy. Second, mining advantages of traditional industries to promote the development of high-tech industries. Third, improve the financing system, nurture small and medium-sized business entities. (2) Innovative virtual economy, to realize value from the accumulation of real economy. First, expansion scale of the virtual economy. Second is to strengthen virtual market, technological innovation, set up a wide range of financing structure system. Third is flexible and pragmatic set up a virtual trading and payment system. (3) Play a regulatory role of government to take reasonable measures to prevent risks. First, improve the capacity of government regulation to promote the "double drive". Second, perfect a sophisticated regulatory system to prevent and reduce the risk of virtual.