On The Finance And Tax Policies For Protection And Development In Financial Center

As the core and "barometer" of modern economy, finance has a very important role. With quickly development of international financial markets, different levels of financial centers rise rapidly in various modes. Financial Center has become an effective tool for governments to develop national economy and competition for resources in the world economy, which exists great effect for single country and the whole world in economic and political fields. In recent years, Chinese government and theorists are presented from different angles to create their own ideas and plans for an international financial center, and put into practice to achieve tangible results. Given the financial center of the building is a fundamental property of the government-driven, and finance and tax policy formation and development of the financial center has a basic role is to motivate financial institutions gathering, bringing together financial professionals, financial information flow, an important measure of financial capital intermediation. In view of governmental promotion is the fundamental property for financial center building, finance and tax policy has a basic role for the formation and development of the financial center, which also is the great measure to inspire gather financial institutions, financial talents attraction, financial information flow and financial capital intermediation. With regards to these, deep study for the role of finance policies played in financial centers construction and development not only will promote advantages of these financial business centers (such as Tianjin Yujiapu financial district) development, but also can enrich and improve financial innovation theory, furthermore to help to improve the science, precision and effectiveness of the government’s public policy making, eventually create a favorable external environment for the development of the financial center.The "basic theory-Empirical Analysis-’Outside the Box’-policy suggestion" analysis paradigm was adopted. This paper combines literature research, normative analysis and empirical analysis together. It starts from the definition of the financial center and basic concepts and theories of financial agglomeration theory and finance and tax policy, select the local finance general budget revenue targets as the local finance revenue to build a double logarithmic regression model of finance policy and financial sector development relevance by choosing the balance of the loan Shenzhen in 1979 and 2012 as a local financial institutions in financial indicators development. Meanwhile, the thesis also selects banking sector as the delegate, which occupies the most important position the financial sectors. Through collection of relevant 30 banks data collected in China in 2010, it can verify the relevance of the bank capital profit by using 4 targets, like proposing tax burden, costs, net interest income and concentration, furthermore to research the tax policy and financial sector correlation. Measured by two part test, we can get that, finance policies have a significant impact in the financial center formation and development. There was a positive correlation. We selected 4 well-known financial centers like London, New York, Singapore and Shanghai form different modes represented to analyze the finance and tax policies taken in different stages of their formations and developments. Compare with the existing construction achievements, the analysis reflects finance and tax policies played substantial role. Lastly, the thesis proposes several optimization tips for Yujiapu financial district on the analysis of the existing finance policies in Binhai New Area.