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An Empirical Study on the Influences of Financial Development
to the Adjustment of Industrial Structure in Inner Mongolia
Abstract
The experience of economic growth of modern countries has shown that the adjustment
of industrial structure is of great significance for the sustained and stable development of a
countrys economy. However, whether it is to adjust the ratio among the industry or internal
upgrading of industrial structure, whether incremental adjustments or stock adjustment,
both are inseparable from financial activities. And along with the continuous development
of the economy, penetration between the finance and industry is further to deepen, and
dependence on each other is further to strengthen. It is difficult to achieve the purpose of
the rapid adjustment of industrial structure only by internal accumulation. Therefore, it is
an inevitable requirement for further economic development with the power of the
financial strength to achieve the goal of rapid adjustment of the industrial structure.
Since reform and opening up, Inner Mongolias economy has developed rapidly.
Simultaneously the industry sector types are continuously enriched, and scale is expanded.
And the industrial structure in Inner Mongolia has more and more nationalized and
advanced. Although the industrial system has already initially formed, there are still a lot of
problems .there is still a large gap from rationalization and sophistication level. At the
same time, although Inner Mongolias financial sector has been greatly developed in recent
years, and there has made great progress in total number. There are also a lot of problems,
for example inefficient, single structure, etc. How to make the financial development and
industrial structure adj
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