A Study On The Impact Of Financial Scale On Industrial Upgrading In Jiangxi Province

Jiangxi is located in the central region,away from the sea and the north of Guangzhou and Shenzhen and other political and economic center of the city so that the slow development of the market economy in Jiangxi,industrial late,low technological content,the red revolutionary old areas of the political advantages and beautiful geographical environment so that the people of Jiangxi long-term development concept Backwardness,self-sufficiency,drought and water logging,political beliefs and other characteristics of the Jiangxi people led to Jiangxi contact market economy late,industrial development backward,slow development of the service industry,Jiangxi long as a red revolutionary old areas and agricultural province location in the public heart.Early Jiangxi due to the serious shortage of market economy,long-term in a state of financial hollow and credit output,Jiangxi people's savings deposits far below the demand for credit,Jiangxi financial capital stock long-term state-owned commercial banks for the coastal outside developed areas in order to earn interest,while Jiangxi their savings did not become a source of economic development in Jiangxi Province in early,and was loaned to the coastal areas,leading to the widening gap between economic development and industrial development gap.Since the beginning of the 21 st century,with the development of low-cost labor force in coastal developed areas,Jiangxi has become a large province of labor output,migrant workers migrant workers and reform and opening up,the development of market economy enjoys Jiangxi's economic demand for financial services more and more High,and the expansion of financial scale in Jiangxi is also the quality of financial services in Jiangxi Province is getting higher and higher,the coastal city of industrialization and Jiangxi financial support services continue to optimize the formation of the acceptance of industrial transfer,Jiangxi finance in the expanding while feeding Jiangxi escalating the industry.In this paper,the content of this study is based on the general logic analysis step of the problem of the financial scale of Jiangxi Province,which is based on the background of the times and the current research hotspots,and the impact of the financial scale of Jiangxi Province on industrial upgrading.Combing domestic and foreign research,based on the financial scale and industrial upgrading and therelationship between the two related theory,to find the financial scale of the industry to promote the credit to promote the formation of industrial capital,credit market competition,credit costs to induce technological innovation and other three mechanisms,The scale of the three variables of the independent variable financial scale and the degree of the dependent variable industry are respectively reflected.On the basis of the descriptive statistical methods such as table and image,the financial scale of the cities around Jiangxi The actual effect of the three mechanisms that affect the industrial upgrading of the financial scale in Jiangxi Province is obtained by using the SUR regression in the variable coefficient model.Finally,according to the results of theoretical analysis and empirical analysis,politics What policies should be taken to achieve the policy recommendations to optimize the industrial upgrading.The conclusion of this paper is as follows:(1)In this paper,the research on the financial scale of Jiangxi Province is followed,how much is it,how much it is,how well the financial credit resource reserves are increasing,the proportion of credit increases year by year,(2)the status quo of industrial development in Jiangxi Province,reflecting the level of industrial upgrading "quantity"-the high level of industrial structure and the rationalization of industrial structure to raise the trend,Jiangxi industry also faced with huge overcapacity and excessive leverage phenomenon,the development of the industry "quality"-industrial productivity needs to be improved;(3)in the empirical study,the first to reflect the impact mechanism-the credit industry to promote capital formation Indicators of financial correlation and industrial structure and the rationalization of industrial structure have a role in promoting the secondary industry and the tertiary industry productivity are inhibited;reflect the second impact mechanism-credit catalytic investment and social reproduction of the indicators of financial The impact of the scale stock on the industrial structure and the rationalization of the industrial structure is very vague,but the second Industry productivity has a significant role in promoting;reflect the third impact mechanism-credit costs to induce technological innovation indicators of financial efficiency of industrial upgrading of the industrial structure of high-level,and industrial productivity have a catalytic role in the rationalization of industrial structure has a certain inhibition.The policy recommendations in this paper are:(1)to develop Pratt & Whitney Finance to promote direct financing;(2)to encourage financial innovation and strengthen financial management and progress;(3)to strengthen the Nanchang as a financial center in Jiangxi Province;(4)the rational allocation of financial resources,space,financial resources,Promote regional coordinated development.