| With the accelerating of the pace of financial opening and the deepening of the financial marketization process,the development of financial sector plays an increasingly important role in the development of the city.A city with a strong financial competitiveness and good investment environment would attract the capital,which promotes economic and every cause to develop healthily.Guangzhou has the advantage of adjoining Hong Kong and Macao.With the increasingly close economic ties between Guangzhou,Hong Kong and Macao,the financial cooperation is also enhancing.Guangzhou has always been the economic and financial strategic point of southern of China.In recent years,the establishment of Guangzhou Nansha Free Trade Area has brought new opportunities for the development of the financial industry.If we take strong measures and strive to open up the financial industry,the development of the financial industry in Guangzhou could be at a higher level.Based on this background,the purpose of this paper is to improve the financial competitiveness of Guangzhou.Firstly,based on the theory of financial resources,financial geography and financial development,this paper analyzes the influencing factors of financial competitiveness and constructs the evaluation index system of urban financial competitiveness combining with the financial competitiveness evaluation index system set by IMD.Secondly,this paper uses principal component analysis method to evaluate the financial competitiveness of 13 cities.At the same time,this paper makes a longitudinal analysis on the changes of financial competitiveness of Guangzhou in recent ten years.Through the analysis of the evaluation results,we can summarize the advantages and disadvantages of Guangzhou in terms of financial competitiveness.Finally,this paper put forward some relative policy recommendation in the comparative advantages of Guangzhou in the commercial environment and the problems in the development of financial market. |