金融学院知识库

世界经济格局正发生变革，我国经济结构也处于转型升级的关键时期，此时中国经济已迈入以质量为核心的新阶段。金融业作为现代经济体系的关键部分，其高质量发展对整体经济的高质量转型起着基础性、战略性的支撑作用，这既符合经济规律，也是时代的要求。长江经济带横贯东中西，地理优势与发展底蕴深厚，是国家战略关键布局，对我国整体发展格局影响重大。近年来，随着长江经济带发展座谈会等重要会议召开，其推动区域经济一体化、可持续发展及助力全国经济高质量发展的战略意义更为突出。在此背景下，研究长江经济带金融高质量发展意义重大。它不仅关系到区域内经济可持续增长、产业结构优化、创新能力提升，而且对全国经济高质量发展格局的构建与稳固，具有重要的引领和示范作用，能促进区域经济的整体提升。

本文以长江经济带沿线的108个城市为研究主体，通过系统回顾和归纳相关文献，梳理金融发展理论，并深入探讨影响长江经济带金融高质量发展的因素及其作用机理。在习近平新时代中国特色社会主义经济思想的指导下，紧密结合长江经济带的实际情况，本研究构建了涵盖金融自身发展质量、金融支持创新性、协调性、绿色性、开放性、共享性六个维度的综合评价体系，采用熵值法和TOPSIS法，对2013至2022年间长江经济带的金融高质量发展水平进行了测度与分析。同时，运用核密度估计、空间自相关分析以及地区差异与收敛性分析等方法，揭示了长江经济带金融高质量发展的时空演变特征。此外，从经济发展、城市发展、政策环境以及社会因素四个维度选取了共计10个指标，并利用Tobit回归模型，实证研究了2013至2022年间这些因素与长江经济带金融高质量发展之间的关系。

 研究发现：（1）2013-2022年期间，长江经济带沿线108市金融高质量发展态势积极向好，发展差距呈逐年缩小趋势，发展水平指数稳定在0.2401-0.5140区间内；（2）区域间呈现出下游领先、中上游追赶的空间格局，存在明显空间溢出效应，即省会城市和直辖市凭借其较高的金融发展水平，对周边城市产生辐射带动作用；（3）区域内上游地区差异缩小，中游稳定，下游影响略增，区域间差异总体缩小，长江经济带金融发展水平较低地区有向高水平地区收敛趋势，区域间差异对长江经济带金融高质量发展影响更明显；（4）经济发展、城市发展、政策环境、社会因素中大部分因素对长江经济带金融高质量发展的影响明显，除政策干预外均有正向促进作用，城乡消费差异因区域发展不平衡和产业结构特点，未对金融高质量发展产生显著影响。

基于上述研究成果，为促进长江经济带金融高质量发展，应全力优化产业结构，加强区域间协同创新与合作，提升产业整体竞争力；持续完善政策支持体系，优化政府干预模式，深化市场化改革，激发金融市场活力与效率；大力加强金融基础设施建设，提升交通与通信设施水准，完善信用体系，增强金融服务可得性与稳定性；高度重视人才培养与引进，强化金融监管与风险防控，确保金融市场稳健有序运行，最终实现金融与经济的良性互动、协同共进，使长江经济带成为我国经济高质量发展的核心支撑区域，为全国经济发展注入强大动力。

In a pivotal period where the global economic landscape is undergoing profound changes and China's economic structure is experiencing transformation and upgrading, the Chinese economy is embarking on a new stage centered around quality. The financial sector, being a crucial component of the modern economic system, plays a fundamental and strategically important role in supporting the high-quality transformation of the entire economy. The pursuit of high-quality development in the financial sector is not only in line with economic laws but also meets the requirements of the current era. The Yangtze River Economic Belt spans the eastern, central, and western regions of China. Endowed with remarkable geographical advantages and substantial development potential, it is an area brimming with great promise. As a key strategic arrangement of the country, it exerts a significant influence on China's overall development layout. In recent years, with the holding of important gatherings like the Symposium on the Development of the Yangtze River Economic Belt, its strategic significance has become even more pronounced. It effectively promotes regional economic integration and sustainable development while making important contributions to the high-quality development of the national economy. Against this context, delving into the high-quality development of the financial sector in the Yangtze River Economic Belt carries great significance. This exploration is not merely related to the sustainable economic growth, optimization of the industrial structure, and enhancement of innovation capabilities within the region. Moreover, it plays a vital leading and exemplary role in the construction and reinforcement of the high-quality development pattern of the national economy, thereby facilitating the overall advancement of the regional economy.

 This research paper selects 108 cities along the Yangtze River Economic Belt as the objects of study. Through a thorough and systematic review and summarization of relevant literature, it comprehensively organizes the financial development theory. Moreover, it delves deeply into the influencing factors of the high-quality development of the finance in the Yangtze River Economic Belt and their operational mechanisms. Under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era in the economic domain and in close combination with the real situation of the Yangtze River Economic Belt, this study establishes a comprehensive evaluation system that encompasses six aspects: the quality of financial self-development, and financial support for innovation, coordination, green development, openness, and sharing. By applying the entropy method and the TOPSIS method, it measures and analyzes the level of high-quality financial development in the Yangtze River Economic Belt from 2013 to 2022. Meanwhile, by utilizing approaches such as kernel density estimation, spatial autocorrelation analysis, and regional disparity and convergence analysis, it unveils the spatio-temporal evolution features of the high-quality financial development in the Yangtze River Economic Belt. Additionally, a total of 10 indicators are chosen from four dimensions including economic development, urban development situation, policy environment, and social factors. Then, the Tobit regression model is employed to conduct an empirical investigation into the relationship between these factors and the high-quality development of the finance in the Yangtze River Economic Belt during the period from 2013 to 2022.

The research findings are as follows: (1) From 2013 to 2022, the high-quality development of the finance in the 108 cities of the Yangtze River Economic Belt showed a positive trend, the development gap has been narrowing year by year, and the development level index remained stable within the range of 0.2401-0.5140; (2) There is a spatial pattern where the downstream region takes the lead and the middle and upper reaches catch up. There is an obvious spatial spillover effect, that is, provincial capital cities and municipalities directly under the central government, with their relatively high levels of financial development, have a radiating and driving effect on surrounding cities; (3) In the area under study, the internal disparities in the upstream region have diminished. The situation in the middle reaches remains stable, while the influence of the downstream region has witnessed a slight expansion. Moreover, the overall inter-regional differences have declined. In the Yangtze River Economic Belt, regions with a relatively lower degree of financial development show a tendency to converge towards those with a higher level of financial development. Additionally, the disparities between regions exert a more pronounced influence on the high-quality development of the finance within the Yangtze River Economic Belt. (4) The majority of the factors encompassing economic development, urban development, the policy environment, and social aspects have a notable impact on the high-quality development of the finance in the Yangtze River Economic Belt. With the exception of policy interference, all these factors play a positive and promotional role. Owing to the unbalanced regional development and the characteristics of the industrial structure, the gap in urban and rural consumption has not significantly affected the high-quality development of the finance.

 Based on the above research results, in order to promote the high-quality development of the finance in the Yangtze River Economic Belt, efforts should be made to optimize the industrial structure, strengthen regional collaborative innovation and cooperation, and enhance the overall competitiveness of the industry; continuously improve the policy support system, optimize the government intervention model, deepen market-oriented reforms, and stimulate the vitality and efficiency of the financial market; vigorously strengthen the construction of financial infrastructure, improve the level of transportation and communication facilities, improve the credit system, and enhance the accessibility and stability of financial services; attach great importance to talent cultivation and introduction, strengthen financial supervision and risk prevention and control, and ensure the stable and orderly operation of the financial market. Ultimately, a virtuous interaction and coordinated progress between finance and the economy can be achieved, making the Yangtze River Economic Belt a core supporting region for China's high-quality economic development and injecting strong impetus into the national economic development.