A Research On Choice Of Credit Policies For Industrial Restructuring In Shandong Province

Without financial support, economic development and industrial upgrading is just empty talk. To speed up financial reform and let finance sector play a better role in economic structural adjustment and transformation and upgrading is of great significance. Financial sector, as the booster of economic development, can reduce information cost in transaction actions and increase conversion rate between savings and investment and improve the economic operation environment. Both the development of advantage industry and the upgrading or smooth exit of traditional industries need perfect and convenient financial services. The upgrading of industrial structure need appropriate financial development. Financial development directly influences the level of industrial structure upgrade, the higher the level of financial development, industrial structure upgrade the faster, and vice versa.Now direct financial development in Shandong province is not sufficient, so the financial role of indirect financial section, specially the bank is more important. In order to promote the industrial upgrading, how to do the financial decision, i.e., put fund to important industrial and important region is an urgent problem. Based on the systematic and deep analysis of the industrial and financial policy, the paper proposed the positioning strategy and system design of the financial policy of Shandong province, which can provide a preference for the design of financial policy which are pertinence and maneuverability, which can realize the good cycle between the prospect in bank industrial and the sustainable development of all kinds of industrial.