Research On The Equity Exchange Market’s Effects Of Regional Economic Development

After20years’development, equity exchange market has become an important component of China’s multi-level capital market. The development of Equity exchange market keeps growing rapidly, the scope of business continues to expand, and its financing capability is also growing quickly. Equity exchange market’promoting effects on China’s regional economic development has been increasingly significant from different angles, acting on different aspects of the regional economy, and promotes the regional economic development. In this paper, the core issue is to research that how the equity exchange market works to the regional economic development and how much degree it works. In the paper, theoretical analysis and empirical analysis, qualitative analysis and quantitative analysis are used as the main research methods. The paper analyzes the status of equity exchange market in different business areas, and analyzes their specific impact on the different perspectives on regional economic development.The paper concludes that equity exchange market has a positive effect on the regional economic development, but the overall effect does not obviously as financial market. The more developed the equity exchange market is the greater its impact on the regional economy is. Specific effects of the equity exchange market can be mainly summarized as following. Firstly, the equity exchange market makes direct contribution to the development of employment and related services, and then promotes the growth of GDP. Secondly, from the perspective of enterprises, equity exchange market creates a platform of equity flowing and financing for the SMEs, state-owned enterprises and high-tech enterprises. Thirdly, from the perspective of economic structure, equity exchange market can promotes the optimization and upgrading of China’s industrial structure and state-owned economic structure, and finally transforms the economic growth pattern. Last but not least, rising to the institutional perspective, equity exchange market can promote the formation of modern enterprise system and the modern property rights system in china by promoting the property rights flowing between different enterprises and industries.