The Study On The Impact Of Finanical Crisis On Industrial Economy Of Qinhuangdao

Since the1990s, the financial crisis broke out more and more frequently and seriously. Entering the21st century, the first game is fiercer since the outbreak of the financial crisis in the new century. Due to the highly internationalized global financial institutions and the global over-reliance on the U.S. financial system, the U.S. subprime mortgage crisis quickly spreads to the global financial system and real economy. As one of the first open coastal cities, the economic of Qinhuangdao depends on foreign economy. Under the background which the U.S. subprime mortgage crisis led to the shrinking of the global economic, industry is impossible to be immune from economic development. Therefore, Only just we study the causes of the financial crisis and analize the impact of industrial economy of Qinhuangdao, we can formulate effective economic policies to guide the economy out of crisis as soon as possible.This article begins with the meaning of financial crisis and cause of the financial crisis. Firstly,I described the evolution and the causes of the financial crisis, from the Marxist point of focus of the financial crisis. Marx believed that the root cause of the financial crisis is the inherent contradiction which exists in the capitalist mode of production.That is to say, the contradiction between socialization of production and the capitalist private ownership causes financial crisis.Secondly,Detailed data is used to analyze the influence of the status of industrial economic development, foreign trade, product output and product inventory.Then, I analyze the financial crisis on the economic impact of Qinhuangdao industrial performance.Lastly, I gave some advice on the response to the financial crisis countermeasures from the business and government presented Qinhuangdao to help companies tide over the difficulties in Qinhuangdao and promote a steady development of industrial economy. From the business point of view, I think they can speed up the optimization upgrade the industrial structure, establish the dominant industrial clusters, and optimize the export product mix. From the government point of view, they should create the conditions for the development of economy mainly from three aspects, taxation, credit.