The Empirical Analysis On The Influence Of Financial Development Over Export In Sichuan

As China has accessed to the world trade organization, the exporttrade of Anhui province has achieved remarkable results. With gettinggood grades and continuing to develop, the foreign economicdevelopment of Anhui province is also facing the stern challenge. Fromthe international perspective, we can see that the world economy willcontinue to slow recovery, but the trade friction of the internationalmarket still exist in varying degrees. From the domestic perspective, wecan see that with the deepening of the comprehensively deepen reformand opening-up strategy, our country economy runs smoothly as a whole,but the foundation of economy is not solid, the external demand is stillweak. From the view of province, a complete coverage of the nationalstrategy has been realized, the strategic platform tends to be mature, thebearing capacity of open economy has been increasing and madefavorable environment for development, but the openness of anhui’seconomy is still insufficient and has not been fundamentally changed.In the process of improving the open economy development, financialdevelopment can form capital accumulation and promote technologicalprogress, then it can provide strong support for enterprises of technologyintensive and enterprises of capital intensive in Anhui province. At thattime, it will expand the scale of export trade and optimize the structure ofexport trade. Therefore, financial development has become an important factor on influencing the open economic development ofAnhui province.This paper is to study the relationship between financial developmentand export trade, then combine with them into a smaller provincial levelframework. Firstly, it is described in detail about the theoretical basis offinancial development impacting on export trade of Anhui province,because in the previous studies of financial development and export tradeof Anhui province, most of all did the research separately of the financialdevelopment and export trade. That is to say, they only made a researchof the influence about finance to economy or the export trade to economyof Anhui province, thus it is can provide important theoretical support forthis research by combining the financial development with export trade.Secondly, it is a fact that make the empirical analysis respectively byselecting measurement indicators related finance on the export trade scaleand structure of Anhui Province, and the empirical results show thatfinancial development can affect the scale and structure of export trade ofAnhui Province, this reflects that in the process of the transformation ofthe foreign trade and to realize open economy development of Anhuiprovince，it is more important to promote the development of finance andmake finance play a driving role in export trade.