Research on the Block Factors and Countermeasures in the Innovation of Yangtze River Delta Financial System

Financial system innovation is essential in promoting the development of the Yangtze River Delta economic and financial integration.At present,the obstacles in the Yangtze River Delta financial innovation are mainly in several aspects,such as the administrative system,the central bank branch system of a large area,the financial regulatory system,the business management of financial institutions and the social credit environment,etc.In this regard,we should straighten out the relationship between the government and finance;explore and establish the government-led Yangtze River Delta Financial Development and Cooperation Committee;actively promote the Yangtze River Delta financial innovation and operational cooperation between financial institutions;vigorously promote the development of multi-level financial market system in Yangtze River Delta region,and establish sharing mechanism of regional financial information in Yangtze River Delta.