Research On Commercial Banks Supporting The Development Of Tourism Industry In Chengde

With the development of economy and society,tourism industry has become one of the powerful industries in the global economy.The industry status and economic effect has gradually increased during the economic development.Chengde is one of the famous tourist city in China.In recent years,Chengde has made great efforts to cultivate and develop the tourism industry,and has made remarkable achievements.The tourism industry has become the core pillar industry of Chengde.Compared with other tourism developed cities,the current development level of tourism industry in Chengde still needs to be improved,and there is still a gap for Chengde to build an international tourism city.The development of tourism industry needs financial support,and seeking the connection of tourism and finance is an effective means to speed up the development of tourism industry.As an important part of the financial institutions,commercial banks have become an important subject of financial support for the tourism industry.Thus it is of great significance for the development of tourism industry to propose suitable support measures from commercial banks.Firstly it clarifies the relevant mechanisms based on the summary of the related concepts and theories of the development of the tourism industry.And then it summaries the experience of commercial banks supporting the development of tourism industry.Then it clarifies the situation of tourism industry development in Chengde and the financial support by commercial banks,and identifies the problems and the reasons.Next,constructs the quantitative analysis of co-integration model and error correction model by the method of time series analysis.The result shows that financial support of commercial banks can promote the development of tourism industry in Chengde,but the stability is insufficient.Finally it puts forward some suggestions to promote commercial banks to support the development of tourism industry in Chengde.