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作者

Fenghua Pan;Sarah Hall;Hua Zhang

来源

URBAN GEOGRAPHY,Vol.41,Issue6,P.849-864

语言

英文

关键字

International financial centers,financial service firms,international financial districts,agglomeration economy,urban planning

作者单位

Beijing Key Laboratory of Environmental Remote Sensing and Digital Cities, Faculty of Geographical Science, Beijing Normal University, Beijing, China ,

摘要

Beijing is widely recognized as the leading political, cultural, education and innovation center in China. However, its role as a financial center in national and international financial landscapes is less well understood. In response, this paper specifies the development and change of Beijing as an international financial canter by focusing on the geographies of financial activities within the city. Over the last two decades, financial activities have grown rapidly in Beijing and become more geographically concentrated. Two key financial districts are developing in Beijing: one in Financial Street and one in the Central Business District. The paper argues that the spatial patterns of financial activities in Beijing have been driven by both market and state forces. Drawing on the findings of a regression analysis, the paper reveals the role of municipal policy and planning alongside agglomeration economies in shaping the financial geographies of international financial centers. KEYWORDS: International financial centersfinancial service firmsinternational financial districtsagglomeration economyurban planning Disclosure statement No potential conflict of interest was reported by the authors. Additional informationFundingThis research is supported by the National Science Foundation of China (No. 41871157), British Academy Mid Career Fellowship(No. MD130065) and Beijing Higher Education Young Elite Teacher Project (No.YETP0290).