Impact Of Financial Agglomeration In Industry Structure Upgrading In Inner Mongolia

Along with economic globalization, financial centers are appearing and becoming the basic form of modern enterprise organization, becoming the most important part of financial development planning. The development of financial agglomeration area, through its own agglomeration effect and diffusion effect, promoting the economic development, adjusting the industrial structure optimization and upgrading of the adjustment of industrial structure and furthering at the same time to bring convenience for financial agglomeration, promoting the development of financial agglomeration. As a resource in our country,Inner Mongolia has its own characteristics and advantages of the regional economy development, the economic structure plays a very important role in our country. Since China’s reform and opening up, GDP of Inner Mongolia regional increased teadily, but the issue of extensive mode of economic development is very outstanding.The government of Inner Mongolia sped up the economic development mode transformation as the primary task of work in 2010. And to promote one of the important pillar industry in the transformation of the pattern of economic development in recent years, the financial resources to focus in the province, a number of financial institutions and practitioners are on the rise. Financial agglomeration are bound to produce certain positive role for the optimization and upgrading of industrial structure.The main research contents:(1) summarizing the financial agglomeration theory, industrial structure theory and financial agglomeration mechanism that affects the upgrading of industrial structure; (2)revealing the Inner Mongolia financial agglomeration overall development present situation, contenting the divisions of the present situation, the financial agglomeration scale and the degree of financial agglomeration, at the same time, the third industry internal structure and the problems of industrial structure is studied; (3) To study the financial agglomeration and finance internal industry agglomeration long-term equilibrium effect of industrial structure upgrading in Inner Mongolia financial agglomeration and upgrading of industrial structure optimization of relation between the granger causality test, at the same time, the divisions granger causality test; (4) According to the financial agglomeration condition of Inner Mongolia and the quantitative analysis part, combined with the background of the industrial structure optimization, and put forward countermeasures and Suggestions.In this paper, the research conclusion is:(1) the weak financial agglomeration level of Inner Mongolia; (2)the long-term effects of Inner Mongolia financial agglomeration level for the optimization and upgrading of industrial structure has a significant role in promoting; (3) the point of financial industry internal industry in Inner Mongolia, banking financial agglomeration the biggest effect on industrial structure upgrade; (4) insurance market was not significant influence on industrial structure.Policy Suggestions of this paper:(1) creating regional financial center, raising strong financial strength of radiation; (2) the optimization of financial ecological environment in Inner Mongolia, to perfect the financial system; (3) to strengthen financial innovation, deepen the financial reform. (4) the development of financial industry, the focus on the government’s support for the financial sector.