A Comment on the Role of Capital Market in the Development of Regional Economy

In modern financial economy,the capital market has very important significance for pushing forward the development of regional economy.The capital market has numerous functions for microeconomy activities,such as collect money,deposits,scattering of risks, reorganization of assets,restriction and encouragement,get profits and get employment.On macroeconomy aspect,develops capital market is not only available for raising the deposit rate of nationals ,promotiong transform desposits into investment and raising the productivity of essential elements,but also can directly push forward economic growth and raise social employment rate.It also has the basic function for promoting the equilibrium of economic total quantity and safeguard the safty of national economy.For the undeveloped area,develops capital market has more special significance,such as make innovations of systems and regulate the structure of enterprise,foster enterprisers and even making progress of ideals all depend on the development exert great effort of capital market.