Study On The Countermeasures Of Constructing The Comprehensive Reform Experimental Area Along The Frontier Finance In Yunnan Province

Finance is the core of modern economy operation, is the engine of regional economic development, is the lifeline of the development of the industry. Normal and effective operation of financial, will let the money in the economy, raise financing and the use of full and effective, to promote the rational allocation of social resources, to the benign circulation effect to national economy will.Yunnan Province, as the important gateway connecting China and land transportation hub, Southeast Asia and South Asia’s opening to the outside world is China’s earliest and neighboring countries to carry out financial cooperation in the border provinces, Yunnan financial characteristic, great potential for cross-border financial and Pan Asian financial cooperation. The construction of border financial comprehensive reform pilot area, will greatly stimulate the Yunnan and neighboring countries financial viability, paving the way for the regionalization, peripheral yuan, drive in Southwest China and Southeast Asia, South Asia, neighboring countries, economic stability and development, and to create a peaceful and stable regional environment in our country, to promote the deepening implementation China Construction for the southwest open "bridgehead" strategy. However, for a long time, in Yunnan Province, the development of the financial industry is not attached to, the development of Yunnan province finance occlusion, failed to make full use of the advantage of border, cross-border financial development and economic development, trade development has been a serious mismatch, serious financial organization system is not perfect, area of foreign financial institution less quantity, small scale, business less, private capital to participate in a serious shortage of financial development, capital markets failed to adequately serve the entity economy, the financial institutions lack of creativity. Coupled with the surrounding areas of Yunnan Province, political instability, the complexity of conditions, national policies related to financial development in the Yunnan area of Yunnan province tilt is insufficient, the financial industry opening to the outside world development programs.November 20, 2013, approved by the State Council, the people’s Bank of Chinese eleven ministries jointly issued the "overall plan" of Yunnan province construction and the Guangxi Zhuang financial comprehensive reform pilot area along the border, the border for the implementation of comprehensive financial reform, The government of Yunnan province issued the "opinions on the implementation of the construction of border financial comprehensive reform pilot area". Yunnan province construction along the border of the financial comprehensive reform pilot area as a new subject, in order to solve practical problems as the main clue has been the province of financial research workers and experts concerned. The development of financial industry in Yunnan’s concern and love of Yunnan area based, in the hope of graduate student graduation can be used three years to learn the knowledge to provide suggestions for building effective border financial comprehensive reform pilot area construction in Yunnan Province, can really have.Based on field investigation, the process of collecting the data fully study the financial supervision department of Yunnan Province, Yunnan province development and Reform Commission, the office of finance, the people’s Bank of China branch in Yunnan Province, The Banking Regulatory Bureau of Yunnan province and Kunming City, Wenshan state, Dehong state, Xishuangbanna state and so on, and a large number of advisory has many years of experience in financial supervision the staff, and in the late according to research data collection is complemented by theoretical analysis, which aims to solve practical problems of construction of Yunnan Province along the border of the financial comprehensive reform pilot area.Besides the introduction, the conclusion and the forecast includes four parts, as follows: the first chapter is the introduction, mainly on the research background and significance, literature review, research methods and technical route, innovation is explained. The second chapter, according to research data to analyze in Yunnan province and around Yunnan, South East Asian neighbours economic and financial environment. The third chapter is established using VAR model, the relationship between financial development and economic growth in Yunnan province was tested, through empirical analysis that the expansion of the scale of finance of Yunnan province will be to positive correlation effects on economic growth of Yunnan Province, and the financial system is not sound leads to a negative correlation between the efficiency of financial development and economic development from the perspective of empirical analysis, verify the necessity of Yunnan financial reform and financial opening. The fourth chapter analyzes the obstacles along the border of comprehensive financial reform. The fifth chapter unifies the Yunnan Province Economic and financial development status and obstacles, puts forward to accelerate the construction of the financial comprehensive reform pilot area border policy recommendations.