本文關(guān)鍵詞：上海國際金融中心建設(shè)的經(jīng)濟(jì)效應(yīng)對QFII投資的影響　出處：《東華大學(xué)》2014年碩士論文　論文類型：學(xué)位論文

  更多相關(guān)文章： 上海國際金融中心 合格境外機(jī)構(gòu)投資者 經(jīng)濟(jì)效應(yīng)

【摘要】：本文首先介紹了QFII制度的發(fā)展現(xiàn)狀與背景,分析了目前QFII在我國的投資行為。其次,分析了上海建設(shè)國際金融中心所產(chǎn)生的經(jīng)濟(jì)效應(yīng),具體分析上海國際金融中心建設(shè)的成效和與長三角經(jīng)濟(jì)發(fā)展的影響。再次,實(shí)證分析論證上海國際金融中心建設(shè)對QFII投資的影響,數(shù)據(jù)論證上海距離國際金融中心的距離還有多遠(yuǎn)。最后,根據(jù)實(shí)證和理論分析,給出政策性建議。 上海建設(shè)國際金融中心的歷程中,雖然上海已具備了一定的自然集聚的條件,但還是需要在國家和政府的政策扶持下,才能確保可以繼續(xù)發(fā)揮經(jīng)濟(jì)優(yōu)勢,有計(jì)劃有策略地建成國際金融中心;上海國際金融中心的集聚效應(yīng)已經(jīng)取得了一定的成果,集聚效應(yīng)將為上海國際金融中心的輻射功能發(fā)揮提供了豐富的金融資源與基礎(chǔ)支持。但是,因?yàn)槲覈鞯貐^(qū)經(jīng)濟(jì)發(fā)展水平所引起的金融發(fā)展不平衡,將會嚴(yán)重阻礙上海國際金融中心輻射功能的發(fā)揮,也會進(jìn)一步阻礙上海國際金融中心功能的深化。因此,在這樣的大環(huán)境影響下,如何使得金融輻射功能能夠良好發(fā)揮效應(yīng)是需要思考的問題。國際金融中心的競爭力對于置身世界經(jīng)濟(jì)一體化和金融全球化潮流中的中國具有十分重要的戰(zhàn)略價值。 QFII即合格的境外機(jī)構(gòu)投資者制度,是指允許合格的境外機(jī)構(gòu)投資者,在一定規(guī)定和限制下匯入一定額度的外匯資金,并轉(zhuǎn)換為當(dāng)?shù)刎泿?通過嚴(yán)格監(jiān)管的專門賬戶投資當(dāng)?shù)刈C券市場,其本金和投資收益在外匯管制和相關(guān)法規(guī)管理下可轉(zhuǎn)為外匯匯出的一種市場開放模式。這一制度在增加場內(nèi)資金、引導(dǎo)投資理念、樹立投資信心等方面具有特別積極的意義,對那些貨幣沒有實(shí)現(xiàn)自由兌換、資本項(xiàng)目未完全開放的新興市場國家或地區(qū),有效控制外來資本對本國經(jīng)濟(jì)獨(dú)立性的影響,抑制境外投機(jī)性游資對本國經(jīng)濟(jì)的沖擊,從而實(shí)現(xiàn)有序、穩(wěn)妥地開放證券市場的重要途徑。引入QFII制度的根本目的在于吸引國外的資金進(jìn)入本國的資本市場。QFII作為我國資本市場開放新引進(jìn)的一類特殊的機(jī)構(gòu)投資者,和國內(nèi)機(jī)構(gòu)投資者相比,擁有更強(qiáng)大的資金背景和更成熟的投資理念。
[Abstract]:This paper first introduces the development and background of QFII system, analyzes the current investment behavior of QFII in China. Secondly, it analyzes the economic effects of Shanghai's construction of international financial center. Concrete analysis of the effectiveness of the construction of Shanghai International Financial Center and the impact of economic development in the Yangtze River Delta. Thirdly, empirical analysis of the impact of Shanghai International Financial Center on QFII investment. The data demonstrate how far Shanghai is from the international financial center. Finally, according to the empirical and theoretical analysis, the policy recommendations are given. In the course of building Shanghai as an international financial center, although Shanghai already has certain conditions for natural agglomeration, it still needs the support of the state and the government to ensure that it can continue to exert its economic advantages. A strategic plan to build an international financial centre; The agglomeration effect of Shanghai international financial center has made some achievements, and the agglomeration effect will provide abundant financial resources and basic support for the radiation function of Shanghai international financial center. Because of the imbalance of financial development caused by the level of economic development in various regions of China, the radiation function of Shanghai International Financial Center will be seriously hindered. It will also further hinder the deepening of the functions of Shanghai International Financial Center. Therefore, under the influence of such an environment. How to make the function of financial radiation play a good role is a problem to be considered. The competitiveness of international financial center has a very important strategic price for China in the trend of world economic integration and financial globalization. Value. QFII is the system of qualified foreign institutional investors, which is to allow qualified foreign institutional investors to transfer foreign exchange funds and convert them into local currency under certain regulations and restrictions. An open market model in which the principal and investment income can be converted to foreign exchange remittance under the control of foreign exchange and related regulations by investing in the local securities market through a strictly regulated special account. This system is increasing the amount of money on the floor. Guiding investment concept and establishing investment confidence are of special positive significance to emerging market countries or regions whose currencies are not freely convertible and whose capital account is not fully open. We should effectively control the influence of foreign capital on our country's economic independence and restrain the impact of foreign speculative capital on our own economy so as to achieve order. The fundamental purpose of introducing the QFII system is to attract foreign funds into the domestic capital market. Institutional investors. Compared with domestic institutional investors, have a stronger financial background and more mature investment ideas.
【學(xué)位授予單位】：東華大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F832.7;F832.6

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