Research On Financial Development Competitiveness Of Hebei Province

Finance is the core of modern economy,the sustained and effective growth of financial level plays an important role in the development of the whole economic environment of our country.As an important part of the "Coordinated Development for the Beijing-TianjinHebei Region" and "the City Clusters in Beijing-Tianjin-Hebei Region",Hebei’s overall economic strength and development level are significantly different from those of Beijing and Tianjin.How to improve the overall financial development competitiveness of Hebei is important to the " Coordinated Development for the Beijing-Tianjin-Hebei Region " and " the City Clusters in Beijing-Tianjin-Hebei Region ".In order to improve the development competitiveness of financial industry in Hebei,this paper uses the research methods of normative analysis and empirical analysis.It firstly summarizes,sorts out and analyzes the relevant research literature at home and abroad,clarifies the connotation of competitiveness and financial development competitiveness,analyzes the theoretical basis of this study.Then,it analyzes Hebei’s financial industry development status,builds an evaluation index system about the financial development competitiveness,takes 11 cities of Hebei as the research object and then uses factor analysis and entropy method to evaluate the financial development competitiveness of 11 cities.Finally,a reasonable and objective analysis result is obtained.The results show that the two cities with the highest level of financial development competitiveness in Hebei are Shijiazhuang and Tangshan,Baoding and other two cities are in the middle,while the rest of cities are in the end because of their poor ranking.According to the development of financial industry and the evaluation results of financial development competitiveness in Hebei,this paper puts forward reasonable and objective policy suggestions from the two aspects of Hebei cities and Hebei Province.That is,take multiple measures to give full play to the advantages of the financial industry in Hebei,and then let the whole province work together to optimize the regional macro environment,aim to improve the financial development ability and economic strength of Hebei through policy support.Figure 9;Table 16;Reference 61...