Xi'an Builds An Empirical Study Of The “core Area” Financial Center Of The Silk Road Economic Belt

The development of financial industry can promote the development of the economy.And a financial center a form of the rapid development of financial sector.A Financial center can lead to the development of the economy in its hinterland.As the platform for economic trade,cultural exchanges and cooperation between more than 60 countries across Asia,Europe and Africa,the Silk Road Economic Belt can't develop well without the financial support.And the financial center can gather the financial resources and radiate its surrounding area,so it is important to build a financial center in the Silk Road Economic Belt.This paper studies to build a financial center in the core area of the Silk Road Economic Belt under the background of the internet financial through the both the theoretical view and empirical view,and will have important theoretical value and practical significance.This paper studies to build a financial center in the core area of the Silk Road Economic Belt by using the method of literature review,theoretical analysis,empirical analysis and comparative.In addition to the "Introduction"(chapter 1),the paper's basic logic structure and the main content includes four parts:The first part is the relative basic theory(chapter 2).Firstly,the paper define the financial center,regional financial center and the core area of the Silk Road Economic Belt,then argue the formation mechanism of financial center from three views of geographical advantage of financial agglomeration,the supply of government system and the external effect and internal effect,lastly analyze the impact and the limitations of internet financial on regional financial center to explain the necessity of constructing regional financial center under the background of the internet financial.The second part is about the empirical analysis to build Xi'an as the financial center in the core area of the Silk Road Economic Belt(chapter 3 to chapter 5).The main content includes:firstly chapter 3 conclude the advantages for Xi'an to build the financial center in the core area of the Silk Road Economic Belt,which are economic development davantage,infrastructure advantage,financial development advantage,talent advantage,institutional advantage compares the conditions between Xi'an and other cities in the core area of the Silk Road Economic Belt and introduce the current situation of the development to explain Xi'an has the strength to build the financial center in qualitative.Then chapter 4 use the factor analysis to explain Xi'an has the strength to build the financial center in quantitative,and the result shows that the score of Xi'an is higher and higher in recent years the longitudinal comparison,also the score of Xi'an is more than Lanzhou,Urumqi,Yinchuan and Xining.This result means Xi'an have the power to build the financial center in the core area of the Silk Road Economic Belt.To study that how to build Xi'an to become the financial center in the core area of the Silk Road Economic Belt,chapter 5 use the principal component regression method to study the influence factors for Xi'an to build the financial center in the core area of the Silk Road Economic Belt,and the result shows that the sixteen indicators the paper design based on the theory can promote the formation of the financial center in the core area of the Silk Road Economic Belt for Xi'an.And the sixteen factors are prioritized as:infrastructure investment(0.253),total of post and telecommunications business(0.222),road area per capita(0.204),the ordinary university students(0.199),urban green coverage rate(0.198),per capita gross domestic product(0.188),related industry output value(0.188),internet users(0.186),fixed assets investment(0.185),FDI(0.184),the total amount of import and export(0.183),urbanization rate(0.176),per capita fixed number of year of the education(0.173),mobile phone users(0.171),fiscal spending(0.170),technical market turnover(0.164).The third part is about the restricting factors and the corresponding suggestions(chapter 6).Firstly,the paper conclude the restricting factors for Xi'an to build the financial center in the core area of the Silk Road Economic Belt based on the qualitative and quantitative analysis,these restricting factors include:a smaller scale of the market demand,relatively weakness of infrastructure,relatively lack of financial talents,relatively backward of related support industry,the lack of influential financial agglomeration area,and the development of financial enterprises is not harmonious,etc.Finally on this basis,the paper put forward the corresponding suggestions,they are:promote the financial market demand,improve the infrastructure construction,introduce and cultivating professional talents,support the development of the relative industries,guide the formation of financial industry agglomeration in Xi'an,promote coordinated development of financial enterprises,strengthen financial regulation to guard against financial risks,etc.The forth part is to summarize the paper and further prospects(chapter 7).The innovation of this paper is:(1)The paper analyze the influence factors of the financial center on the basis of previous studies,and study the influence coefficient through the relative empirical analysis by using the principal component regression method.(2)The paper add the factors of internet when it designs the influence factor index.