The Study On Forming Mode And Effect Of Beijing Financial Industrial Agglomeration

With the development of economic globalization, the financial industrial agglomeration has become a phenomenon that can not be ignored. Beijing's financial industrial agglomeration has begun to take shape. The development of the financial industry gathered in Beijing provides opportunities and Beijing will promote rapidly with the economic globalization and the reform of the financial development.In this paper, I adopt the way of from practice to a practical economic theory and have a combination research of qualitative and quantitative. Through a comparative study, which contributes the basic conditions in development of financial industry gathered in Beijing, Beijing should adopt a combination of the two modes under the advantages and disadvantages of the market background.The article expatiates on the positive and negative financial effects of industrial clustering. The positive effects include: economy of scale, lowering financing cost and investment risk, lowering transaction cost and promoting knowledge and technology innovation and diffusion, so as to enhance the competitiveness of the region. At the same time, negative effects will become the centrifugal factors. The industrial agglomeration with a certain degree will be diseconomy of scale.The ultimate object of financial industrial agglomeration is the establishment of a regional or national and even an international financial center. In this paper, the assessment part of the financial agglomeration adopts the evaluation index for an international financial center. Beijing has huge market potential for development, continuous improvement and upgrading the industrial structure, urbanization. Which shows the financial promotion of Beijing has become the core factor in development of GDP?On the basis of shortcomings in financial development of Beijing, this paper provides some suggestions: Beijing should set up a free and efficient financial environment; build a well-established market mechanism and a multi-layer financial market system; take advantage of the Headquarters gathering to create a sound base. Only in this way, we can have a healthy environment to promote the financial industry and lay a good foundation for setting up a financial center.