The Upgrading Of Industrial Structure By Financial Agglomeration And Urbanization

With the development of economic globalization,the total economic growth rate is faster,and the exchange of financial resources between different regions is becoming more frequent and flexible,but the phenomenon of unreasonable economic structure is becoming increasingly prominent.Now,China's industrial structure is at a critical stage of upgrading.There are many problems in the three major industries,and the industrial structure needs to be adjusted urgently.Generally speaking,the production conditions of the primary industry have improved,but the foundation is weak.The quality of the secondary industry is not high.Although the tertiary industry has gradually been paid attention to,it started late and still has a big gap with developed countries and regions.At the same time,our government actively and steadily promotes the process of new urbanization,gradually improves the level and quality of urbanization.Focusing on the "quality" aspect,we need to improve the quality of urban population,steadily and steadily promote agricultural transfer,urban and rural population mobility,improve the quality of urban and rural population,and ensure social order and stability.In this context,the development of urbanization has achieved remarkable results,and promoted the rapid agglomeration of financial industry in spatial location,and led to the full exchange and flow of financial resources.Since the reform and opening up,the Sichuan government has formulated policies to support the development of specific areas,which has made the national economy of Sichuan Province accelerate obviously.The urbanization rate of cities headed by Chengdu and Mianyang has steadily increased to a higher level,and the industrial structure has been gradually adjusted and optimized in the process of economic development.The implementation of national policies and the injection of funds have also made the financial industry in Sichuan Province develop rapidly and form the agglomeration effect.The number of financial institutions and financial practitioners is also growing,bringing about the development of urbanization and upgrading of industrial structure.However,there is still a big gap between Sichuan Province and the developed provinces in the east,and the economic development of the cities in Sichuan Province is extremely unbalanced.This paper mainly uses spatial econometric model to study the impact of financial agglomeration,urbanization and upgrading of industrial structure in 18 cities of Sichuan Province(except Ganzi,Aba and Liangshan).Firstly,we start from two aspects: financial agglomeration and upgrading of industrial structure,urbanization and upgrading of industrial structure.Then we consider both of them together and study their interactive effects on upgrading of industrial structure.It is concluded that in recent years,18 cities in Sichuan Province have significant spatial autocorrelation in financial agglomeration,urbanization and upgrading of industrial structure.The improvement of financial agglomeration and urbanization level are all related to industry.Structural upgrading has a significant positive correlation,and it is found that the upgrading of industrial structure presents spatial agglomeration and positive spatial spillover effect among the cities.Finally,according to the results of empirical analysis,the paper puts forward policy recommendations for the development of financial agglomeration and urbanization in Sichuan Province.