Research on Regional Differences of Financial Agglomeration in China

DOI

10.2991/aebmr.k.220307.267How to use a DOI?

Keywords

Financial Agglomeration; Regional Differences; Convergence

Abstract

Financial agglomeration is the inevitable trend of financial industry. Its balanced development is of great significance to promote the coordinated of regional economy. This research analyzes the current situation of regional differences in financial agglomeration by measuring the level of financial agglomeration in various provinces in China from 2008 to 2019, with the highest level is the East, followed by the West and the lowest is the Middle. The level of financial agglomeration in China and the three regions show significant convergence, the West has the highest near convergence level and the most obvious progress, with “advantage of backwardness” in backward regions. It is suggested to further increase industrial agglomeration in the Middle and West regions, strengthen support for financial industry development in the Middle and West regions, attract more talents and capital to gather in the Middle and West regions, promote the level of financial agglomeration and the balanced development of inter-regional financial agglomeration.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Rongtao Yang
PY  - 2022
DA  - 2022/03/26
TI  - Research on Regional Differences of Financial Agglomeration in China
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1637
EP  - 1640
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.267
DO  - 10.2991/aebmr.k.220307.267
ID  - Yang2022
ER  -