Abstract
In recent years, financial industry cluster has flourished, promoting economic growth in local and surrounding areas. Yangtze River Delta, Pearl River Delta and Bohai Economic Rim have facilitated economic growth in China. This paper first studies the situation of financial development and financial industry cluster in three economic zones, and finds that Beijing, Shanghai and Shenzhen centralize plenty of financial institutions and financial resources in three economic zones. Then this paper takes L-S model as theoretical basis, verifies the growth effect and radiation effect of financial industry cluster on regional economic growth, and finally puts forwards several pieces of suggestions.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
