Study On Current Situation And Countermeasures Of Financial Support For The Economic Development Of Xiangxi Area

Xiangxi area is in the west of Hunan Xiangxi Tujia and Miao Autonomous Prefecture,Zhangjiajie city and Huaihua city are 3 city,is one of the largest number of ethnic groups,is the most important ecological barrier in China's Yangtze River Economic zone.Although the area of vegetation and is very rich in mineral resources,has a very important position in the pattern of economic development of the province,but due to the Yunnan Guizhou Plateau and the eastern margin of Wuling Mountain Xuefeng mountains,affected by the economic development of mountain conditions,initial conditions and traffic block location factors,environmental factors,the level of economic development lags behind other regions Hunan and the national average level,is the core area of the thirteen contiguous poor areas of the contiguous poor areas,is the main battlefield of Hunan province poverty alleviation and economic development is an important goal of future economic and social development in the region.Finance is the core of modern economy,the financial industry has a significant role in supporting the development of modern economy.According to experts and scholars at home and abroad related research results,starting from the actual economic and financial development in Xiangxi area,using the statistical data of 2001-2014,makes a comparative study on the development situation of economic development,the financial industry in Xiangxi province and the existing problems,with the help of the grey system theory,the financial support for Economic Development Association Xiangxi area for empirical research.The study found that,since 2001,Xiangxi per capita income,per capita consumption level,reflecting the industry structure of economic and social development indicators in recent years has been in continuous improvement,but still far below the national average,the size of the deposit,the size of loans,short-term loans,changes in loan adjusted long-term loans to reflect the development of the financial industry other than the same indicators have continued to improve,but also far lower than the national average level.Xiangxi financial support for the economic development in the per capita deposits is low,is not conducive to the development of financial resources of the financial industry,insufficient borrowing capacity of commercial banks,the scale of investment in fixed assets per capita is low,the scale of investment is relatively low,the outflow of funds and other serious problem.The financial support of Xiangxi regional economic development association further empirical finance has a good supporting role to support the economic development of the region's conclusion on the economic development of Xiangxi area,which proves that the region must support economic development through financial development in Xiangxi area.The above findings and conclusions presented in this paper based on the economic development of the financial support to Xiangxi based financial development in Xiangxi area and lay a solid,continue to strengthen the financial service level and ability of the government to provide more favorable policies and financial support,continue to deepen the reform,the formation of national financial system and promote the development of national financial mechanism the countermeasures.