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2. The role of the stock exchange in promoting the development of xiong'an new area.2. Challenges and countermeasures1. xiong'an new area's Millennium Plan Positioning

Xiong'an new area Wants to Become the Northern "Shenzhen": An Indispensable Millennium Strategic Condition for Stock Exchanges.The existence of the stock exchange has many influences on a city. First of all, it attracted a large number of financial institutions to gather and formed a complete financial industrial chain. Securities companies, fund companies and investment banks have set up branches in Shenzhen, where Shenzhen Stock Exchange is located. These financial institutions cooperate and compete with each other, which improves the efficiency and quality of financial services. Secondly, the development of stock exchanges has led to the gathering of relevant professionals, including financial analysts, investment consultants and securities lawyers. The influx of these talents not only improved the financial professional level of the city, but also promoted the development of the city's overall education and culture. Finally, the stock trading activities of the stock exchange promote the flow of capital and make the city one of the capital allocation centers in the region, even the whole country and the whole world.Xiong'an new area Wants to Become the Northern "Shenzhen": An Indispensable Millennium Strategic Condition for Stock Exchanges.

Second, xiong'an new area's strategic positioning and demand for stock exchangesSummary: In many strategic conditions, the establishment of a stock exchange is indispensable for xiong'an new area to become the "Shenzhen" in the north. The stock exchange plays a great role in promoting the development of the city. Although xiong'an new area has certain conditions in the feasibility of establishing a stock exchange, it also faces many challenges. Only by overcoming these challenges and establishing a stock exchange in xiong'an new area can xiong'an new area provide a powerful financial impetus to become a northern "Shenzhen" and realize its grand goal of the Millennium.