Research On The Role Of Government In The Formation Of An International Financial Center

In the context of ever-accelerating process of economic globalization, thefinancial importance become more and more prominent, finance has become thecore of the world economic competition and strategic commanding point, thestrength of the financial power become one of the important tool in the politicalstruggle between nations. International financial center is a concentration of thefinancial activities of a country or a region, and also an important mean of onecountry to participate in global economic capital allocation. A country has amature and well-developed international financial center means that have theinitiative and the right to speak in the world economic and financial fields. Alsobecause of this, most of the countries are scramble for international financialcenter, this trend created a white-hot competition in the international financialcenter construction.In the process of building an international financial center, All countriesthrough international comparison to find their own position, to find their ownproblems, so as to clear their own direction. In the background of competition,and facing the pressure from mature international financial center, the first choiceof the developing countries to building their own international financial centerwill be the government promoting model. On the basis of previous studies, thispaper combines the rise and fall of the world’s major international financial center,the successful experience of government function, formulating and analyzes theformation of international financial center. The author systematically expoundedand analysis of the government’s role in the basic theory, the government role andhow to play a good role of government in the formation of international financialcenter. Study on the present, and on the Shanghai international financial centerconstruction process, the Chinese government performance and some existingproblems in the construction process of Shanghai international financial center, puts forward that under the new situation in the current domestic andinternational economic environment, In The "Twelfth Five-Year Plan" and thenext periods, how to put forward and further perfect the government performance,to speed up the construction of Shanghai international financial center, and torealize the target that by2020Shanghai international financial center adapts toChina’s economic strength and the international status of our currency.