The Process Of The Beijing World City, The Cultivation Of An International Financial Center Functions

Upon the 21st Century, with world's urbanization and economic globalization being shifted into the fast lane, the development of world cities has become an international trend. It is both a challenge and an opportunity for countries all around the world, esp. for the developing countries in more ways than one. World cities can help its nation gain more saying and control in the global economic arena, acquire more shares of interest from the blossom of economic globalization, and thus enhance the overall competitiveness. Nations need world cities to be stronger and invincible.World city is quite a complicated system, integrating social, economical, political, cultural, environmental concerns, as well as matters related to people's livelihood and welfares. However, the most essential quality of being a world city is the powerful control and grip over international economic issues, and therefore, that puts its financial functions on the top of list. This dissertation is determined to find out the ways to shape and to nurture Beijing into a world city through boosting its role as an international financial center.The structure of this dissertation goes as follows:In the foreword, the purpose of this research is stated, altogether with the theoretical and practical significance of this dissertation. Then, the article quotes and summarizes the theories and theoretical updates in related fields. At last, the methodology, innovative perspectives and shortcomings are also pointed out by the author.The first chapter of this dissertation focuses on theoretical analysis. The definitions of key concepts, such as world city, international financial centre, are delicately given, the inner working mechanism of international financial centers is carefully delivered, and the formation and prerequisites to the birth of an international financial center and a world city is logically discussed.The second chapter is mainly the experience talking, filled with historical facts and statistics. The development of monetary, capital, foreign exchange, and gold markets in the formation process of three widely recognized world cities---London, New York and Tokyo---are recalled and analyzed, and thus the general rules of how a world city comes into being are revealed.In the third chapter, the article reviewed Beijing's status quo being an international financial centre. The necessity and plausibility of Beijing to become an international financial center is discussed, the long way for Beijing to go in the near future is pointed out, and the differences and similarities between Beijing and Shanghai as an international financial center are brought into light.In the last chapter, ways for Beijing to become an international financial center are shown and elaborated from several angles, such as formation route patterns, construction phases, function distribution, problem solving measures, policy guarantees, environmental support, and etc.