A Study On The Effect Of Financial Development On Industrial Structure Adjustment In Anhui Province

Finance is the core of modern economy, and the relationship between financialdevelopment and economic growth has been one of the important areas of economics researchamount. Economic growth not only for the growth of the total economy, but also reflect therationalization of the industrial structure and the high-class, and at the same time, the level ofindustrial structure is also an important factor to determine the level of economicdevelopment. The research shows that financial development by acting on the internalmechanism of change in industrial structure have a major impact on industrial restructuring.Industrial structure adjustment and optimization of the process, whether the development ofcompetitive industries or disadvantage exit, financial industry have played an important role.In recent years, Anhui Province, is in a critical period of economic development,adjusting the industrial structure, promote industrial upgrading and sustainable economicdevelopment in Anhui Province is an important factor, but also the transformation ofeconomic development an important part. This paper is a study of major issues Anhuifinancial development and the relationship between the industrial structure was analyzed inindustrial restructuring process, how to play the role of financial support better.The theoretical analysis of the mechanism of the financial impact on the adjustment ofthe industrial structure, industrial structure adjustment mechanism is explained fromcommercial banks, securities markets, financial policy, and then on the FinancialDevelopment and Industrial Structure. Theoretical studies based on empirical analysisbetween Anhui Province, financial development and industrial restructuring, the studyconcluded that the financial development of Anhui Province has played a certain role inpromoting industrial restructuring. However, the role of financial development to be furtherimproved, the financial yet fully play its role in the allocation of resources. Finally, thecombination of the actual situation, put forward policy recommendations to promoteindustrial restructuring of the financial development of Anhui Province.