Research On Financial Support For Industrial Structure Optimization In Hebei Province

The level of industrial development is an important dimension that reflects the degree of economic development.After research,it is found that financial development is based on the role of the internal mechanism of the industry,can optimize the industrial structure,and can improve the level of industrial development.In the process of industrial optimization and development,finance with the function of injecting blood into modern economies can play a significant role in the survival of the fittest and the optimization of technology in the industrial structure.The financial system can bring systematic support and promotion to the upgrading and development of the industrial structure.The financial system and industrial structure studied in this article are based on the national strategic background of the coordinated development of Beijing,Tianjin and Hebei.The industrial structure of Hebei Province is an important embodiment and component of the development of the Beijing-Tianjin-Hebei Economic Belt.Based on economics theory,this paper explores the basic principles of the financial market for industrial structure optimization and promotion,combined with the current development of the financial system and industrial structure of Hebei Province to conduct an empirical analysis to verify the supporting strategic position of financial mechanisms for industrial optimization in Hebei Province.First,this paper discusses financial-level theories such as financial structure,financial deepening,and financial constraints,and then discusses the theory of industrial structure optimization.Secondly,based on the financial data and industrial structure data of Hebei Province,this paper selects three dimensions of banking,securities,and insurance to discuss the necessity of Hebei Province's industrial structure optimization and reform with financial support and make an empirical analysis on the relationship between financial development and industrial structure optimization.In this paper,Eviews8.0 is used fordata analysis.FIR,LDR and DIR of direct financing and indirect financing are set as independent variables,and UIS is set as genetic variables to analyze the mechanism of financial development promoting the optimization of industrial structure in Hebei province.Through empirical analysis and research,it is concluded that the overall development level of the financial system in Hebei Province and the efficiency of collaboration between financial system institutions are the key factors that promote the optimization and upgrading of the industrial structure in Hebei Province.The direct financing of the stock market and other forms of support for the optimization of the industrial structure is less obvious.Finally,based on the current status of the development of the industrial structure in Hebei Province,this paper analyzes the potential problems in the process of financial support for the optimization and upgrading of the industrial structure,and proposes policy recommendations on how to further expand the supporting role of the financial system in the optimization and upgrading of the industrial structure in Hebei.