The Application Research Of International Trade Finance Innovation In China

With the advancement of economic internationalization and the entry into WTO, China has witnessed rapid development in the international trade sector, which not only contributes to the national economy but also provides vast market for international trade financing. However, on the one hand, traditional ways of financing can no longer accommodate with the development of economy and trade due to the increase of trade balance, changes of trade pattern and the restructure of imports and exports. A new way is in dire need. On the other hand, foreign banks are flooding into China. The competition in China's financial market becomes more intensified. If local banks fail to get real progress on financial innovation, they will undoubtedly end up with disadvantages. In recent years, Chinese banks have obtained great progress in the international trade financing sector. However, this business sector has just been started and it requires gradual perfection. Therefore, only by comprehensive studies into international trade financing through theories and practices, can we bring on reasonable and feasible development paths to effectively promote innovation in the sector, support the development of international trade and help domestic commercial banks to transform to international commercial banks.Based on the status quo of international trade financing sector both at home and abroad, this thesis absorbed and referred to related theories and experiences and made an analysis on the basic concepts and features of international trade financing, introduced international financing methods under traditional settlement and made a comparison based on collection and reading of related works, documents and real cases; then it continued to study the comparison between innovation of administration concepts and innovation of financing methods such as international factoring, forfaiting and structure financing after a summery of theories and practices on international trade financing innovation; the thesis also made an empirical research and case study on the status quo of international trade financing in China via statistics and qualitative analysis and brought forward the problems existed in risk management and credit construction in China; in the end, the thesis combined the development trend of international trade financing and China's reality, discussed how to create environment for China's international trade financing and endowed western innovation with a new meaning...