The Adjustment of Domestic Capital Layout in China under the Background of “Dual Circulation”

DOI

10.2991/aebmr.k.220307.322How to use a DOI?

Keywords

Dual Circulation; Regional capital allocation; Western finance; Equity

Abstract

In recent years, China’s economic development pattern has gradually changed to a major domestic circulation with domestic and international dual circulation promoting each other. At the same time, opposition from the West to the outward transfer of industrial chain has been growing, and the new normal under the COVID-19 pandemic has also caused a great impact on the original economic development model. Based on this background, this paper analyzes the adjustment direction and path of China’s domestic capital distribution, finds potential problems and puts forward relevant suggestions. This paper uses comparative research method, combines qualitative and quantitative methods, carries out horizontal comparison within China, focuses on the study of western China, finds and analyzes the capital disadvantages of western China from multiple dimensions, and puts forward policy suggestions for the financial development of western China based on advanced experience at home and abroad. Finally, this paper concludes: under the background of dual circulation, the Chinese government should vigorously promote the construction of financial institutions in western China to attract financial talents, promote local financing, improve local people’s livelihood and enhance the level of opening to the outside world, so as to promote the construction of an open, inclusive, standardized and international financial service system.

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  - Hao Yu
PY  - 2022
DA  - 2022/03/26
TI  - The Adjustment of Domestic Capital Layout in China under the Background of “Dual Circulation”
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1957
EP  - 1962
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.322
DO  - 10.2991/aebmr.k.220307.322
ID  - Yu2022
ER  -