A Research On Financial Agglomeration’s Effects On New-Type Urbanization

Urbanization is the inevitable trend of economic development, is the important aspect and path of urban and rural development, and is a major strategy to promote better and faster economic development. Nowadays, urbanization has become a trend of economic development in the world, Urbanization is an important symbol to measure economic development level and civilization degree. There are a lot of inevitability of urbanization development,at the same time, urbanization provides tremendous opportunities for human comprehensive development.For this potential opportunity, we need a lot of money for adjustment of industrial structure, urban infrastructure construction, public service and agricultural modernization.Since reform and opening up, although our country’s urbanization level is rising, but there are deficiencies In the construction of urbanization.The influencing factors of urbanization is more, financial is one of important factor. As the core of modern economy, finance can play the role of promoting the efficient allocation of resources,and can accumulate massive funding, and can avoid all kinds of risk in the economic activities. Therefore, in the period of new-type urbanization, the research on financial agglomeration’s effects on new-type urbanization has very important realistic meaning. In recent years, with the continuous rise of the tertiary industry, financial sector continue to highlight the agglomeration trend on the space.Financial agglomeration is an essential topic in the field of financial research. The relationship between financial agglomeration and urbanization is one of the core areas in modern economics research.Financial agglomeration and urbanization have inalienable relations.The purpose of this paper is to study the relationship between the financial agglomeration and urbanization construction, through the adoption of the theory of modern applied economics and the research methodology of econometric. This article consists of six parts. Main contents of the each chapters are explained as follows:Chapter 1 is Introduction. In this part, the overall research background, research purposes, research approach, and research methodology will be explained. In addition, originality of this paper and the limitations of the research techniques applied will be discussed.The second chapter is a detailed analysis of the effect of financial agglomeration based on the summary of the financial agglomeration connotation.The third chapter research the function mechanism in the urbanization process from three aspects.The fourth chapter mainly discusses the support of urbanization in our country in recent years.Because the fourth chapter analysis can not be sure of the influence of new urbanization between different financial industry. therefore, the fifth chapter measure the correlation between financial agglomeration and urbanization with the Grey relational analysis. Chapter6, Conclusions and recommendations. Based on the theory and the empirical analysis conclusion, put forward to improve the financial structure and make full use of financial scale and financial efficiency, and promoting the effect of financial support in the construction process of urbanization.