The Problems of Financial Support for Industrial Structure Upgrading in Beijing-Tianjin-Hebei Region and Countermeasures

Abstract

Finance is the direct driving force to economic development. Its development is helpful to capital accumulation and allocation, to improve the efficiency of resource and the level of social investment. Its own characteristics decide that the financial development an indispensable support to the upgrading of industrial structure. In recent years, China's industrial structure has been upgraded to a critical period, and the promotion of financial development to the upgrading of industrial structure will also play a greater role. In the development of China's economic and the coordinated development of Beijing-Tianjin-Hebei region, Financial support has both advantages and problems in the industrial structure upgrading. This paper summarizes the present situation of financial support for industrial structure upgrading in Beijing-Tianjin-Hebei region. It analyzes the problems faced by finance in the upgrading of industrial structure of Beijing-Tianjin-Hebei region, and gives some suggestions in the end.