Empirical Study Of Financial Development And Upgrading Of Industrial Structure In Henan Province

The level of financial development and local economic prosperity has an important relationship for efficient flow of money must be able to promote rapid economic growth. High and low levels of financial development is directly related to the speed of upgrading its industrial structure, the high level of financial development in general will promote the optimization and upgrading of industrial structure of a region. "Economic and social development in Henan Province Twelfth Five-Year Plan" that efforts should be made to change the current mode of economic development and industrial structure, the service sector as a strategic focus on the development and prosperity of the local industry, so Henan Province ultimately achieve scientific and rational comprehensive development. In the process of optimizing the industrial structure, should coordinate the relationship between urban and rural, traditional industries and modern industry, and ultimately the formation of harmony development of the situation, the process of targeted development, adhere to the principle of a fixed development, the development of a highly efficient economic model. Of central strategy is an important economic development strategy, Henan Province, central China are an important member of the strategy, so promote industrial upgrading, Henan Province, is a top priority. What kind of relationship exists between the development and upgrading of industrial structure, Henan Province, finance, financial development can promote industrial upgrading, Henan Province, the paper to be tested for its demonstrated through descriptive analysis and statistical analysis.Paper draws on the more mature domestic and financial theory and upgrading of industrial structure theory development, and analysis from multiple perspectives related to the development of the industrial structure of the financial system upgrade, learn from these theoretical results in the premise, but also combines Henan Province, 1990-2012 Correlation analysis of the data, and found that a certain degree of financial development in Henan Province, promoted the upgrading of industrial structure, but this is far from promoting the desired effect. This indicates that the level of financial development in Henan Province to be improved, for this, we propose relevant suggestions.