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2. The role of the stock exchange in promoting the development of xiong'an new area.Looking back on the development of Shenzhen, the establishment of Shenzhen Stock Exchange is one of the important driving factors for it to become an international metropolis. Shenzhen Stock Exchange provides a direct financing platform for enterprises, and many small and medium-sized enterprises and innovative enterprises have obtained the funds needed for development through listing on Shenzhen Stock Exchange. For example, the capital support of Shenzhen Stock Exchange played a vital role in the early development stage of a technology giant like Tencent. Shenzhen Stock Exchange not only provides funds for enterprises, but also standardizes the corporate governance structure and improves the transparency and market competitiveness of enterprises. According to statistics, since the establishment of Shenzhen Stock Exchange, the number of listed companies has reached thousands, and the total amount of financing has reached trillions, which has effectively promoted the economic prosperity of Shenzhen and its surrounding areas.Xiong'an new area is positioned as a national millennium plan and a national event, and its development goal is to become a national model for high-quality development and a new engine for promoting the coordinated development of Beijing, Tianjin and Hebei. To achieve this goal, we need strong financial support. At present, xiong'an new area is actively building a modern industrial system, attracting high-end manufacturing, modern service industry and scientific and technological innovation enterprises to settle in. These enterprises need a lot of capital investment in the development process. In addition to the traditional indirect financing methods such as bank loans, direct financing in the securities market is a more efficient and flexible way.

2. Challenges and countermeasuresFirst, the success of Shenzhen and the key significance of the stock exchange1. 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.2. The all-round influence of the stock exchange on the cityLooking back on the development of Shenzhen, the establishment of Shenzhen Stock Exchange is one of the important driving factors for it to become an international metropolis. Shenzhen Stock Exchange provides a direct financing platform for enterprises, and many small and medium-sized enterprises and innovative enterprises have obtained the funds needed for development through listing on Shenzhen Stock Exchange. For example, the capital support of Shenzhen Stock Exchange played a vital role in the early development stage of a technology giant like Tencent. Shenzhen Stock Exchange not only provides funds for enterprises, but also standardizes the corporate governance structure and improves the transparency and market competitiveness of enterprises. According to statistics, since the establishment of Shenzhen Stock Exchange, the number of listed companies has reached thousands, and the total amount of financing has reached trillions, which has effectively promoted the economic prosperity of Shenzhen and its surrounding areas.