Comparative Analysis Of The Trust System Transition

Trust is one type of property management system to manage money matters for people with the functions of property management, capital financing and social investment, which becomes a way of property management universally utilized in the market economy countries. Compared with the development time and professional level of the trust industries in developed countries, Chinese trust industry starts relatively late, the disparity is comparatively great, the construction of current trust system is relatively lag, and therefore lead to the fact that Chinese trust industry has many bottleneck questions. Under such circumstances, the discussion on how to optimize the development of Chinese trust industry should not only base on the current national condition of the actual domestic demands of the trust industry and trust services, but need to use for reference of the advanced experience of trust industry development in some trust developed countries. For our country, the trust system is one kind of inherited system. Inheritance cannot forget the origin, and only the inheritance that grasps the origin comprehensively and systematically can control the direction of its own development process and has some innovations based on its own environment and condition. Therefore, this article has carried out the longitudinal and transverse comparative analysis of the trust system transition from the following three aspects:At first, the article has analyzed our country's trust system transition. Firstly, it has made an analysis of the transitional process of our country's trust system and "five great rectifications" from the system perspective. Secondly, it has conducted a comparative analysis of our country's economic reform system transition with the emphasis on the system analysis of compulsory system transition impelled gradually, the transition of the North paradox and the middle diffusible system, as well as the orientation of local governments and so on. Thirdly, it has done a comparative analysis of the supply limitation of our country's trust industry system, specially mentioning the facts that trust institutions have developed too fast, the lag of property right system has hindered trust development, the slow-moving of trust laws and regulations has led to the incorrect orientation of trust industry, the limitations of supervision and management patterns have strengthened the bank characteristic of trust institutions, the trust strategies have lost their ways and so on. Fourthly, it has made a comparative analysis of our country's trust system transition from the aspects of the system origin, the property right characteristic of trust investment companies, as well as the functional disassimilation of the trust industry and so on.Moreover, the article has carried on a comparative analysis of the trust systems and their trust system transition in some trust developed countries such as England, the United States and Japan, which has brought some enlightenments to our country. Firstly, the system demand is the basic reason to promote the development of the trust industry; secondly, the soul of trust system innovations lies in the dependence on the national condition; thirdly, it makes efforts to probe the cooperative modes between bank and trust, security and trust, as well as insurance and trust.Finally, from analyzing the external environment of our country's trust system, the article has brought forward the theory thinking of the institutional construction of our country's trust system, and has creatively proposed the innovation strategies of our country's trust system. The first point is to reform the property right system of trust institutions; the second one is to establish and perfect modern trust enterprise system; the third one is to speed up the construction of innovation patterns for governing structure; the fourth one is to vigorously develop the principal trust services; the fifth one is to strengthen the supervision and management of the trust industry; the sixth one is to popularize the consciousness of the social trust; the seventh one is to establish the perfect trust legal system and its auxiliary systems; the eighth one is to transform the government functions; and the ninth one is to highlight the system superiority of the property isolation and the risk isolation. In addition, the article has prospected the trends for the transition of our country's trust system. Firstly, minute industry management is changed to mix industry management; secondly, large-scale incorporation and reorganization is unable to avoid; thirdly, the trust industry will veritably become one of four major financial backbones; fourthly, the individual trust and the public welfare trust can develop in great progress.