The Study Of Shenzhen Financial Industry Competitiveness

With the rapid development of market economy and the deepening of financial reform,the financial industry of our country has achieved tremendous development,the contribution of financial sector is more and more great to the regional economy,the concept that the finance is the core of modern economy been recognized by more and more people.A lot of local governments have rose financial to the height of strategy.There are nearly 30 cities have put forward the slogan of construct financial center in different sides.While the construction of financial center is the contest of financial industry competitiveness in essence.At present,The study of Shenzhen financial issues mostly revolves around financial center,little paper discuss it from positive direction.And it is the period that Shenzhen financial turn big into strong,shortcomings and problems still exist.In this critical moment,conduct a study of Shenzhen financial industry is very important in practical,it also has important guiding significance to other cities in our country.On the basis of summing up the viewpoint of the others,this paper firstly defined the relevant concepts of finance and made a systematic elaboration on the financial theory and competition theory.Then,conduct a self and transverse comparison and analysis about the present situation of Shenzhen financial industry.Next,we built the competitiveness evaluation system of financial industry from develop environment and level.And used the method of factor analysis measure and compare the competitiveness of the three cities in the two directions based on 2011-2016 year data of Shenzhen,Beijing and Shanghai.The result showed the score of Shenzhen financial development environment is still relatively low,economy scale is also small and education support is weak and financial scale is relative small,the efficiency is low.For further study,the paper analysis the factors that influence the efficiency.By study,we found innovation and Location quotient can improve efficiency,but the GDP and innovation couldn't.At last,we put forward some suggestions and prospects on the shortcomings.Because of lack of ability and shortage of energy,In this paper,the majority of competitiveness evaluation index is belong to traditional finance,seldom involved the emerging financial forms indicators such as Internet finance.But account of the Proportion of emerging financial forms still very low,It is still very meaningful to conducting the study based on traditional financial index.