Western China Financial Ecological Status Assessment And Research

In the process of economic transition in China,the financial industry has a lot of problems, in essence, these problems is the the concentrated reflection of China's reform and opening up and the risk of national economy. If we ues the ecological view to observe financial development, it can reveal systemic and sustainability characteristics of financial development, and it can proposed the new direction for China's f inancial development.Financial ecosystem is a balance system of many financial institutions, financial institutions and its external living environment. Financial ecosystem is the result of long-term division of labor and cooperation of financial institutions and its external living environment, it is the systematic summary of finance's ecological characteristics ande regular pattern. And financial ecosystem can reflect the value relationship of factors. Harmonious financial ecology benefit the common development of finance and local economic. Therefore, in the circumstance of Western Development Strategy's second stage.the researches of financial ecology in Western China has big significance.The paper deals with western China and carries out an empirical analysis and comparison in the region which is based on the evaluation index system. After explaining the reasons for the empirical result, this paper put forward several policy-related suggestions for improving the status of financial ecology in Western China.Firstly, the paper conducted a systematic review of the financial ecology research. Then, evaluation index system is constructed to evaluate the standard of financial ecology in Western China through analyzing the former study. And this evaluation index system has 7 first level indicators (Economic environment, the level of financial resources, integrity and cultural environment, legal environment, government action, intermediary services and social security),14 secondary indicators and 23 third level indicators.Secondly, based on the evaluation index system, author has collected Western China's related data in 2009, and use SPSS13.0 to carry out principal components analysis and calculate the score. The result shows that the ranking of Western China's financial ecology is Sichuan, Chongqing, Shaanxi, Inner Mongolia, Yunnan, Guangxi, Xinjiang, Gansu, Ningxia, Guizhou, Qinghai and Tibet. Then, Hierarchical Cluster Analysis is carried out, and Western China is divide into three gradient. In the view of economic and financial overall strength, social intermediation and security, social credit environment and financial legal environment, the differences of Western China's financial ecology is analyzed.Lastly, the problems or factors which restrict the development of Western China's financial ecology are summarized. To solve these problems, countermeasures and suggestions were put forward:the economic operation should be optimaled; the financial market system should be improved; the social credit and legal system should be improved; local government behavior should be regulated; the social security agency and construction should be strengthened.