The Research On The Construction Of Central Asia Regional International Financial Center In Urumqi

The proposal of "Silk Road Economic Belt" requested higher level of financial industry in Urumqi than before. Those as the continual improvement of financial system, close cooperation with Middle Asian countries on traffic, energy, trade,et al provided an opportunity for Urumqi to build a regional financial center.The establishment of Mid-Asia regional international financial center in Urumqi could maintain political stability and regional economic cooperation. It also promotes the construction of Urumqi transportation hub and logistics center. It is very necessary to establish the financial center in Urumqi.Urumqi has advantages in geopolitical issue and geo-economic, Urumqi shows a good performance in financial industry output value. The financial institutions get more and more strong. The efficiency of financial operating gets faster and faster. A ll in all, there are some fairly optimistic steps of repair of Urumqi’s financial conditions.Both objective conditions and subjective conditions are mature. The government has a burning desire to establish a financial center and begin this schemeIn order to carry on this research, firstly, analyze positive impact of setting up the financial center. Secondly, gather dates to prove Urumqi can establish the financial center. Thirdly, use multi-level factor analysis and breaking point model analyze the development of financial industry compared with other eight capital cities in western China. Finally, find out the correct financial center development mode and function mode and propose effective policy recommendations.