The Research On The Influence That The Financial Industry Exerts Over The Industy Structure Adjustment In Shandong Province

As the foundation of the development of market economy,finance plays an important role in promoting the social economy develop-ment. Especially with the rapid development of economy, finance has become the core of modern economy. And as the basic economic structure form, the change of industrial structure adjustment is essentially the growth mode of modern economy, which reflects the trend of the development of social economy. Through its resources allocation of financial function to promote the adjustment of industrial structure, promote the industry level. Therefore, the financial industry and the industrial structure adjustment is close correlation between. However, studies show that, shandong province in the process of the development of the national economy, the industrial structure is still reasonable, awaiting further optimization during the process of the development of the national economy for Shandong province.lt requires the financial industry to accelerate development, thereby increasing the industrial structural adjustment of support.Therefore, this article takes the function of support as the object of study, which the financial industry of Shandong province supplies for the industrial structure adjustment Firstly, the existing literature and research results at home and abroad were reviewed, and then the article elaborates the theory about the adjustment of industrial structure and the financial industry development related theory, At the same time,the article uses economics to elobrate the mechanism that the financial impact on the industrial structure. Based on this, the article analysis the support which the financial of Shandong province supplies for the industrial structure evolution,and then points out the existence of the concrete problem during the process that the finance support the adjustment of industrial structure.Finally,by collecting relevebt data of Shandong province,the article does the empirical analysis for the relationship between the finance and industrial industrial structure adjustment,through a econometric model.Thus this article confirms that finance is the Grainger reason for the adjustment of industrial structure,and the finance can positively promote the optimization and upgrading of industrial structure.Finally, by drawing lessons from the successful practice of Shanghai financial support,and combining with the specific situation in Shandong province,the article pertinently put forward to promote the relevant countermeasure support from the finance for the industrial structural adjustment in order to promote the sustainable development of economy in Shandong province.