Study On Differential Policy Of Financial Service Trade In China

Along with the rapid development of the international finance service trade and its special function which enhances the whole efficiency promotion and the quality of the national economy, the financial service trade studies becomes the worldwide front topic. This article devotes our country serves under the trade international competitive power research big background financial service trade policy research and the question forecast. Since the 20th century 70, the 80's, along with the global economical finance integration advancement acceleration, the many national varying degree have opened our country finance service trade market one after another. In our country because the capital item receives controls, beyond the border converges the massive foreign exchange cannot exchange the Reminding at will, therefore the short term capital main performance is the short-term foreign loan, the financial service trade display vital role, and occupies the main status. The service trade in the international trade develops the most rapid domain now, in the recent several years, the developed country service volume of trade growth has gone far beyond the cargo trade rate of rise. Through the financial service trade pattern discussion, we discovered the different level of development country the financial degree of openness difference is huge, therefore, in this foundation proposed the financial service trade differentiated policy is extremely essential.Looked from GATS to the international service trade correlation definition that, the financial service trade may divide into four kinds of patterns: (1) Interstate payment; Beyond the border (2) expends; (3) commercial existence; (4) natural person is mobile. Because beyond the border the expense and the natural person flow these two kind of patterns to occupy the share in the actual transaction to be very small, therefore provides the way in view of our country international finance service trade, the this article main discussion interstate payment and the trade have these two kind of patterns. Presently, has these two ways from in our country's financial service trade interstate payment and the trade to look that, the development is all imbalanced, the former imports is bigger than the exportation far, the latter export is bigger than the import far. Further opens the finance service market along with our country the reform, this article proposed must aim at this situation formulation corresponding policy, the promotion finance service trade comprehensive balanced development. Along with our country economical finance unceasing development, the interstate payment finance service trade exportation scale and the import scale all maintain the growth the tendency, but this kind of growth is not actually balanced, since 2000, our country's financial service trade all has been at the trade deficit condition, and this kind counter sends by messenger the tendency which expands unceasingly. If separately represents our country commercial existence finance service trade with four big state-owned commercial bank foreign asset number and the foreign capital bank in the Chinese property number the export amount and the import amount, then our country provides by the commercial existence form the financial service trade assumes the export to be bigger than the import far the situation. But this the two relative scale assumes the drop tendency, this mainly is as a result of the foreign capital bank in the Chinese property by the quicker speed growth, had reflected our country after joins WTO, relaxes the foreign capital financial organ gradually in aspect and so on market access, business scope limits, thus promoted the foreign capital financial organ in our country's development.This article after limits and financial service trade correlation basic concept, as well as the union finance service trade pattern carries on the analysis in view of our country's special details, take the statistical analysis as the essential method, auxiliary gambles the model the establishment, with transits to in our country international finance service trade commercial existence pays to carry on the inspection, for further advances the financial service trade policy theory and the real diagnosis basis.In order to discuss our country finance to serve the trade differentiated policy rationale construction question. Based on our country finance service trade pattern reality research draws the conclusion: Our country transits the payment finance service trade pattern deference competitive advantage theory. At present our country's bank service industry competitive advantage slightly is strong, belongs to in the industry the trade; Other three kind of service type competitive advantage is weak, belongs to the industry the trade, still needed further to cultivate. In our country commercial existence finance service trade deference model industry the trade pattern, may use the economies of scale and the consumer similarity theory explained by chance. In addition, the weak industrial theory, the state economy security theory, strategic trade policy theory certain thought are also suitable for our country's financial service trade, these multiple rationale had decided Chinese finance service trade policy moderate protection characteristic and the minute service type minute provides the way the differentiated characteristic.After analyzes our country in 2001 joined WTO, the financial service trade policy choice is restrained the WTO frame restraint, the financial service trade theory in WTO FSA obtained good manifesting. The FSA mechanism produces itself is the establishment in on the free trade theory cornerstone, pursues the global finance service trade to change into the goal freely. In fact, December, 1997 "Financial Service Agreement" has already contained including the bank service, the negotiable securities service, the insurance service and the finance information service 95% global finance service trade. However, FSA truly was also full had considered discussed, the state economy including the weak industry safely discusses, the strategic trade policy theory trade protection theory rationality. Because the Chinese at present financial service trade opens also faces the economic system the switcher, the finance service sector's opening possibly faces the entire economic structure the adjustment, the system conflict avoids with difficulty, the financial service industry development not balanced also the competitive power is low, therefore, the financial service trade policy choice and the design must unify the current financial service trade development present situation and the world finance service trade development unifies.The academic circles opens to the Chinese finance service trade market with the financial system competitive power development tallies forms the consistent viewpoint basically, but until now research is mostly the qualitative analysis, had not discovered has the persuasive power quantity research literature very much, in particular about financial service trade policy choice determining factor question. Thus, this article carries on the attempt in the money market opening and the competitive power aspect, gives the influence policy choice the main determining factor. In the discussion finance service trade transits the payment and the trade has two forms, selects American, Japanese, the South Korean three countries took separately the developed market economy country, Asia emerging industrialized country typical representative, the comparative analysis their financial service trade development path, the open way, carries on the summary to its financial service trade policy, studies our country finance service trade policy formulation the bare bone. The article last part carries on the summary to this article, and asks the question and the forecast.