Research On The Impact Of Private Lending In Ordos On Local Economic Development

In recent years,due to the development of the west regions&energy strategy,Ordos has adopted a rapid development in its economy by virtue of its abundant natural resources.The capital source and the trade financing of the regional investment and financial structure has appeared to be socialized.The Nongovernmental credit is in full swing,which plays a very significant role in the economic development in Ordos.The Nongovernmental credit especially meets the financial requirement of the development of the medium-sized and small enterprises as well as promotes the maturity of the market mechanism and optimize the regional industrial structure.However,since the great quantity of non-governmental capital is out of the Regulatory Pyramid,it has also has negative effects on the macroeconomic regulatory,the distribution of resource,the regional financial stability and the management of the commercial bank.Withal,this paper aims to analyse the bankgrounds of the Nongovernmental credit and to inspect the real condition and current situation;and to give an objective analysis of the Nongovernmental credit,a double-edged sword in its economic development.Meanwhile the paper will bring a further discussion about the nature and orientation of the Nongovernmental credit in Ordos in hopes to further improve environmental development and to promote reform itself;and to propose some suggestions to the healthy and sustainable development of the Nongovernmental credit in Ordos.