Study On The Legal System Of Xinjiang Local Capital Market Under The Background Of Silk Road Economy Belt

The construction of a multi-level capital market is a new environment in which China's capital market system is set up to fit the needs of national economic growth.In capital markets,the overall structure,the construction of a complete coverage of all levels of the capital market,especially the key construction of local capital markets,is not only clean up of the objective need of all kinds of trading places,standardize market order,and to increase the capital market to support the weak areas of economic and social development,solve the problem of micro,small and medium enterprises financing difficult financing your objective need,but also deepen capital market service entity economy,support regional economy especially in ethnic minority areas economic development objective need to play.Our country land is vast,ethnic diversity,national regions economic level overall behind,unable to accurately use of capital market related function to drive regional economic development,in the silk road economic belt core of Xinjiang region should seize this opportunity,strive to build a regional capital market,driving the development of regional economy.For a long time,in the Xinjiang region economic development,use the construction of the old mode to raise funds,ignored the many functions of capital market,decrease the efficiency of resource allocation.Many enterprises in Xinjiang with development pattern,the benefit is backward wait for a reason not listed on the Shanghai and Shenzhen stock exchange,not through a wide range of mature capital markets to raise money.Relying on the attention of national policy and seats allocated or rely on the policy guidance of driving the development of the credit,long-term development can not fundamentally change the Xinjiang area of capital shortage and irrational structure.Therefore,Xinjiang urgently needs to establish the local capital market,which mainly serves the region.This paper based on related theory and practice of capital market,capital market development and legal construction in our country,using the experience of American local capital market related legal system construction,specific focus on the Xinjiang region,combined with the policy implications of the silk road economic belt strategy,to Xinjiang local capital markets,how to effectively run legal system idea is put forward.The article structure is divided into five parts: the first part first introduces the concept of local capital markets,the organization forms,building and development philosophy as well as the local capital market development of legal system in China;The second part,first of all,from the United States capital market legal system regulation reality,can find for our country legal system construction of local capital markets experience and enlightenment.Strategy of the third part is the analysis of the silk road economic belt of xinjiang from the massive construction of the local capital markets promote and xinjiang local capital markets for long-term development of the silk road economic belt.The fourth part expounds the present situation of the legal construction of local capital market in Xinjiang,and sets the stage for finding the corresponding solution.Section 5 provides institutional Suggestions and ideas for establishing a legal framework for local capital markets in Xinjiang.