A Research On Relationships Between Financial Innovation And Finance Sustainable Development

The financial services industry operating special financial products industry, which includes banking, insurance, trust, securities industry and the leasing industry. The financial sector hold in a far-reaching position in the national economy and take up the status of the relationship between economic development and social stability, with optimization of capital allocation and regulation, reflect the role of monitoring the economy. The role of the financial industry is to optimize capital allocation and adjust, reflect and monitor the economy. The unique position and the inherent characteristics of the financial industry make governments attach great importance to the country's financial industry. With the steady economic growth and the deepening of reform of the financial system, the financial services industry has a bright development prospect.Finance sustainable development is the extension concept of sustainable development in the financial field. Because of the complexity and diversity of the development of the financial system and the comprehensive and global of the financial environment, finance sustainable development must be built on the basis of financial innovation, to lead a sustained, rapid development of the financial industry by financial innovation and vitality. However, what extent of the financial innovation to finance sustainable development? What is the intrinsic relationship between them? Only a more accurate grasp of these information can give a full play to the role of financial innovation to promote finance sustainable development, and make finance become the important economic growth points of every country in future. Therefore, the study of relationships between financial innovation and finance sustainable development is urgent.After study the domestic and overseas literature, the author found: foreign scholars carried out the research relatively earlier, and studied more in-depth and comprehensive. Although the domestic study start late, and the pace of the study is faster which make up the lack of the systematic research, Overall, Chinese scholars are mainly draw lessons from the study abroad experience, lack of original research and depth in theory In financial innovation research, but they have the leading status in the world in a nice work in finance sustainable development research. They put forward the theory of sustainable development finance by the combination of sustainable development theory and finance theory and have made good theoretical results in a deep research. This is connected with the increasing emphasis on the general idea of socio-economic sustainable development by our government in recent years. However, the quantitative research results of the financial sustainable development research is still few, and lack of application. The research of relationship between financial innovation and finance sustainable development is very few, and the quantitative research is almost blank.In this paper, according to the basis of the study inland and abroad of the relationships between financial innovation and finance sustainable development, and the basic principles of them, author investigates the internal and the interactive relationships between financial innovation and finance sustainable development, and establishes a set of evaluated index system of financial innovation and finance sustainable development, and proposes the evaluated methods and evaluated models that financial innovation contributes to the finance sustainable development , as well as constructs the harmonious model of financial innovation and finance sustainable development. Finally, with the actual situation in China author conducts the demonstration analysis.Analysis of the results can be seen that the quantitative analysis in this paper accurately reflects relationships between financial innovation and finance sustainable development, so as to provide the policy proposals of finance sustainable development. There are adequate theoretical and practical significance for the implementation of scientific and developed finance concept, to maintain continued stability of the financial sector development and to improve China's economic development and comprehensive national strength.There are some innovations in the paper: Firstly, applied the method of application of mathematical to do the research of relationship between financial innovation and finance sustainable development for the first time. Secondly, basis of the analysis of financial innovation and finance sustainable development content and the relationship between them, summarized a scientific and practical set of qualitative indicators and quantitative indicators of financial innovation and finance sustainable development. On the basis of China's actual situation in the financial services industry, author conceives the model and quantitative study and makes the proposals which have strong feasibility and novelty.Meanwhile because of the limited by the data available and difficulty by some indicators to quantify in financial innovation and capacity of the author, improvement is to be made to the index system and model. Further study is still needed.