Study On Financial Support On The Development Of Tour Industry In Shanxi

Shanxi has a wealth of tourism resources.In the crucial period of economic transformation,the use of unique tourism resources to promote economic development,making the tourism industry a pillar industry for sustainable economic development in Shanxi,is the only way for Shanxi's economic development.At the same time,with the rapid development of social economy,people are increasingly spending on tourism.According to the data,whether it is the whole country or Shanxi,the total tourism revenue has greatly increased in recent years.The tourism industry plays an increasingly prominent role in the economy,especially in the Shanxi economy.As a comprehensive industry,the tourism industry will also promote the development of other related industries while developing itself.Although the financial support for tourism in Shanxi has increased in recent years,due to the fact that Shanxi's financial development is not very satisfactory,it restricts the financial support to the tourism industry and thus hinders Shanxi's vigorous development of the tourism industry.Therefore,this article analyzes the financial situation in Shanxi Province.How to support the development of the tourism industry,hoping to provide practical countermeasures and suggestions for the Shanxi financial support tourism industry.Previous studies on the relationship between finance and industrial development are relatively numerous,but research on a specific industry,especially the tourism industry,is less.This paper analyzes the definition of the tourism industry and financial support in terms of theory and conducts a relationship between the two.Based on this analysis,the present situation of tourism industry development and financial support in Shanxi Province was analyzed.Through analysis,it was recognized that in recent years,Shanxi Province finance has given greater support to the development of the tourism industry,and the tourism industry has become the economic development of Shanxi.The pillar industries.However,the capital market has little support for the tourism industry.It is difficult for the tourism industry to obtain direct financing from the capital market.In the empirical analysis,this article selected the relevant data from Shanxi Province from2000 to 2016,and selected Shanxi Province's financial scale,financial efficiency,financial structure as a measure of financial support.Shanxi Province's total tourism revenue as a share of GDP as a tourism development in Shanxi Province Analysinghorizontal indicators,it is concluded that changes in various indicators of financial development in Shanxi Province will cause changes in the level of development of the tourism industry in the long term.The improvement in the level of financial development will promote the development of the tourism industry,especially the changes in the financial structure of tourism.The impact of industrial development is greatest.Finally,this article mainly proposes countermeasures and suggestions on the development of financial support tourism industry in Shanxi Province from three aspects: the government,financial institutions and tourism enterprises themselves.First of all,the government should improve the financial support policies and clearly support the tourism industry.At the same time,it should increase financial institutions' support for the tourism industry,such as the establishment of tourism banks,tourism development funds,etc.;tourism companies should also improve their own level,increase publicity,and actively attract financial support.