Influence Of Information Development On Financial Development Level

Financial development has always been a barometer of a country's economic development,representing the state of a country's economic development.Since the 19th National Congress,under the adjustment and guidance of government industrial institutions,China's economic and financial development level has developed rapidly.However,in the process of becoming a benign financial development in Anhui Province,there are still some unreasonable structures,low development efficiency and unbalanced development.Since the introduction of information technology,it has developed rapidly and continuously penetrated into the financial industry,promoted the integration and development of the two industries,accelerated financial innovation,and provided ideas for the financial development of Anhui Province.Therefore,the comprehensive improvement of the level of informatization development and the role of informatization in promoting financial development are of great significance for the sustainable and healthy development of Anhui Province.This paper starts from the perspective of industrial development,and comprehensively uses the national informationization index system in information development:information resources,information network,information technology,information industry,informationized talents,and informationization policies and effects.The development level evaluation system,financial development has built a financial development level measurement framework through financial development efficiency,financial deepening degree and stock market development level,and then used the city-level panel data of Anhui Province from 2007 to 2016 for 10 years.The informatization development index and financial development index of each city in each year,and refer to the mechanism of the impact of informatization level on financial development,with the informationization level as the core explanatory variable,the financial development water as the explanatory variable,and the panel data model to establish regression analysis.Prove that the former has a significant positive impact on the latter.At the same time,with reference to the background of the regional financial development differences in Anhui Province,it aims to further understand the factors affecting the synergy between informatization and financial development,and thus provide a better policy environment for the two countries to jointly promote the economic development of Anhui Province.Finally,the refinement provides policy advice for financial development in seven aspects:actively promoting the application of information technology,optimizing industrial institutions,deepening the network applications such as information infrastructure,enhancing the penetration rate of e-commerce "Internet+",and cultivating informationized talents.The "Internet finance"model promotes county-level financial communication and promotes the integration of information industry and finance.