Financial Clusters In The Regional Economic Growth

The financial industry agglomeration is a worldwide economic phenomenon, itsstrong support for the development of regional economy. In early twentieth Century, it wasfound that, the Wall Street is the main focus of the financial industry USA beauty, is alarge gathering in London UK banks, Tokyo is covered with Japanese financial institutionsheadquarters, the city is precisely the current international financial center, economicdevelopment in the world. Therefore, the financial industry agglomeration affect a region’seconomic and industrial development to a certain extent.Shenzhen special economic zone is a test field of China’s reform and opening up andthe forerunner, profound influence and guide many important financial innovationactivities, the first securities company, the first foreign bank, the first foreign exchangeswap center, the first from the enterprise shares of joint-stock commercial banks, citycommercial banks first, Chinese first exchange the first venture capital pilot, many are thefirst born here. As a forerunner of financial reform, Shenzhen has accumulated manyexperiences, but also face many challenges. Both from the domestic other city to snatch thefinancial center of pressure, is also facing can not meet today’s rapidly changing, such asthe rapid development of the financial markets triggered by the financial demand. NowShenzhen is committed to working with Guangzhou to become the Southern Chinaregional financial center, Hongkong as the base, to support the Hongkong’s position as aninternational financial center. Therefore, in this social and market environment, theagglomeration of Shenzhen’s financial industry, and financial industry agglomeration onregional economic growth has a very important significance.The relationship between financial agglomeration and economic growth are the focusof this study, this paper will start from the characteristics of financial industry, research onthe related literature at home and abroad was summarized, and the research methods andresearch ideas, carried out extensive exploration of mechanism, causes and characteristicsof the financial industry agglomeration of financial industry agglomeration and financialindustry to promote economic growth. Next, based on the related real data, analysis andshows the status of Shenzhen financial industry agglomeration. Finally, taking Shenzhen asan example, the Shenzhen financial industry agglomeration location entropy, evaluation ofShenzhen financial agglomeration, and using grey correlation coefficient analysis ofShenzhen financial industry agglomeration and related industrial agglomeration, theShenzhen financial industry agglomeration agglomeration and other industry of greatrelevance, finally using the Grainger test of financial agglomeration empirically analysis ofthe relationship between regional economic growth, research results show that the positiverelationship between Shenzhen financial industry agglomeration and economic growth inShenzhen between the mutual promotion.