Research On Financial Support For Real Economic Growth In Qingdao City

In recent years,the successive financial crises have brought a heavy blow to the world economy,and the return to industry and the revitalization of the real economy have become the universal choice of countries in the world to cope with the economic crisis.China is also in a critical period of economic restructuring and supply-side reform.Financial support is of crucial importance.Financial services in the real economy have also been put on the agenda one after another by the government.Based on the literature of financial and economic growth,financial and real economy,the paper analyzes the relationship between financial development and real economic growth in Qingdao.First of all,the author analyzes the development of finance and real economy in Qingdao from three aspects: the status quo of financial development,the current situation of real economy and the status quo of financial support for real economy.Secondly,we selected the related indicators to construct the panel data model and carried out the correlation between the financial development and economic growth of the six cities(Huangdao,Chengyang,Jimo,Jiaozhou,Pingdu,Lacey)with substantial real economy in Qingdao Empirical analysis.Finally,the author concludes the empirical test and puts forward some policy suggestions to promote the development of Qingdao's financial industry and real economy.The research shows that the financial development of the six districts and cities in Qingdao is not balanced,the financial system is still not perfect,the financial repression exists,the loss of credit in the county is serious,and the real economic growth has not been effectively supported by the finance.In order to give full play to the financial support for the real economic development in Qingdao,the government,financial institutions and enterprises should make joint efforts.While enhancing all-round financial services capabilities,the government has actively encouraged the development of private finance in the sunshine,promoted the banking financial institutions to enhance their sense of proactive service,encouraged financial innovation,strengthened credit system construction and risk prevention and control of financial risks,and strengthened the financial workforce Construction.Financial institutions such as banks should actively develop new financial products suitable for local enterprises,strive to reduce the financing costs of enterprises,improve the basic financial service system and develop the loan securitization of SMEs.While making good use of its main business and taking full advantage of its financial policies,the enterprise strives to improve its product quality,enhance the management level of its enterprises,enhance its core competitiveness,strengthen brand building,and make itself larger and stronger through mergers and acquisitions.Finally,the three parties in the banking,bank and enterprises should strengthen their contact and cooperation and constantly optimize the financial development environment.