| As the core of the modern economy, finance is a very important factor for a country's position in the international competition; it is also a country or a region's significant resource. Finance could efficiently promote and accelerate the economic development. The establishment of the financial center is a useful method to drive the economic development on a fast track. There are various kinds of financial centers. The operation and transaction domain, the financial resource's influence and the attraction to funds of the regional financial center are limited, compared with the international financial center and the international offshore financial center, while the regional financial center plays a even more obvious and direct role in promoting the economic development of the region that it covers.So far in China, we have three economically cooperative region, they are the Pearl River Delta, the Yangtse Delta and the Jing jintang Region. Shenzhen, Shanghai and Beijing, as the financial centers of the above mentioned three regions, the developed financial market systems not only supply their enterprises with capital support and financing advantage, but also upgrade and adjust the regional economic and industrial structure, optimize the resource distribution. The prosperous foreign trade of the three regions attracts different kinds of foreign capital financial institutions to locate there, it also enhances the innovation of the institutions in their transaction, which makes it possible for the regional financial centers to run on the international standard routine. The fast developing region could respond to its investors with high revenue, more capitals are attracted to the financial center from home and abroad, the efficient running of the center's financial institutions and market gear the region's development.In Oct.2003, the China's state department published the article , in Mar.2004, the state department's leaders of the Dongbei old industrial... |
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