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Xi’an’s Advantage Measure in the Construction of the Regional Financial Center under “One Belt and One Road” Strategy
Pages: 24-29+32
Year: Issue:  3
Journal: Xi'an Finance

Keyword:  One Belt and One Roadregional financial centerindex evaluation system;
Abstract: On the basis of summarizing and comparatively analyzing existing research on the evaluation system of the financial center competitiveness, combined with the strategic development plan and realistic needs of One Belt and One Road, the paper introduces the scientific and technological innovation, energy, equipment manufacturing, culture and commerce, political factors and social credit indicators into the evaluation system, which breaks the traditional evaluation system of the financial center and develops a new dynamic evaluation system for the regional financial center. The paper uses factor analysis to reduce the dimension of the data, measures relative advantage of Xi’an, analyzes the opportunities and challenges faced by Xi’an in the construction of the regional financial center. The paper draws the conclusion that Xi’an is the most competitive regional financial center and has great development potential. Finally, the paper builds the ISM explanation structure model with the purpose of providing the theoretical basis and pertinent decision reference for Xi’an to become the regional financial center of"Silk Road Economic Belt", adjust the development priorities and improve relevant reform programs.
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