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What is regional financial regulation and its significance?

due to the objective existence of regional economic development gap, regional financial gap will inevitably occur. it is a common policy measure for countries to control the excessive regional economic development gap by implementing financial policies with moderate regional differences. therefore, it is a better choice to establish regional economic development funds, accelerate the economic development of underdeveloped regions, regionalize financial policies, give regional central banks certain local financial policy-making and regulation rights, and provide financial guarantee for regional economic development.

this is the regional financial regulation.

significance: the impact of regional financial policies on regional economic development. A country's implementation of regional tilt in financial policies will have an important impact on regional economic development. Finance is the core of modern economic development. As the blood and lubricant of economic activities, capital plays an extremely important role in providing funds needed for regional economic development and promoting regional economic development.