The Research On Our Country's International Competitiveness Of Trade In Financial

Along with the industrial economic structure's adjustment in the worldwide scale, service industry has already become the pillar industry for economic development in the various countries.The proportion of international service trade in the world trade is unceasingly rising,and it strengthens promotion action for economic development day by day.Financial services trade as an important component in services trade has an important position in a country's foreign trade and a higher status in a country's macroeconomic.At the trend of economic globalization,its status will also enhance unceasingly.On the one hand,the macroeconomic growth of the individual country needs the growth of the financial service to adapt with it.On the other hand,the growth of the global economy also requires financial services to support.The development of financial service trade will provide one kind of mechanism for the globalized economic development,it will provide the support for the economic resource disposition globally,objectively will also impel the development of the financial globalizafion tidal current.Along with unceasing enhancement of the world economic level,the modern economy's influence from financial service has received various countries' government to take it seriously.The developed countries often have the strong financial competitiveness,but the developing countries are often in the disadvantage position.According to the agreement with World Trade Organization,our country has opened the domestic financial markets to the world in December,2006.China as a developing country,market economy system is also under construction and the development of financial industry has lagged behind that of developed countries.The development level of financial service department is relatively low,the structure of trade in financial services is also unreasonable,and the realistic questions about financial service are also many.Our country's quality of the financial assets is poor, the property operation efficiency is low,in addition our country finance's foundation is weak and talented person is deficient,so the international competitiveness of financial industry are not strong in our country.It has seriously restricted the development of financial services trade in our country,therefore,the development scale of financial services trade is quite small and has been the deficit condition. When foreign financial institutions rapidly enter into domestic market of our country, Chinese financial services trade will face the more severe challenges.How to develop in new economic environment is the most important question for financial services trade in our country.Under such situation,carrying on the analysis to international competitiveness of financial services trade in our country and proposing the rational countermeasure and the suggestion to the development of financial services trade,and thus enhancing the international competitiveness of financial services trade in our country,which have the very important significance for occupying the market in international finance services trade and improve our country's development level of the financial services industry.This article has utilized the methods that are qualitative analysis and quantitative measurement.It uses the classical international trade theory to analyze financial service trade and conducts the qualitative investigation.It selects the most commonly used and effective targets,and in accordance with the characteristics of trade in financial services,from different aspects of financial services to the international competitiveness of trade in quantitative research,to make our country's the financial services trade for the international competitiveness of the analysis of more realistic and comprehensive.Also,take use of factor analysis method to do empirical research on international competitiveness of financial services trade in China.This article altogether divides into six chapters,the content each chapter is as follows:The first chapter is introduction.First of all,the introduction part explains the background and the significance of studying our country's international competitiveness of trade in financial service.Secondly,it has carried on the literature summary about the domestic and foreign related research.Finally,it explains the primary coverage and the method for this article studies and have made the technical road map.The second chapter is theoretical basis for analysis on international competitiveness of financial services trade.First of all,it has limited with related concept of international competitiveness of financial service trade,like trade in services,financial service trade,international competitiveness of financial service trade and so on.Secondly,it introduces the theory of comparative advantage,and discusses serviceability of comparative advantage theory to the financial service trade, and to explore the theory of comparative advantage for the application of financial services trade.Finally,it introduces the theory of Porter's competitive advantage of nations and has laid a theoretical basis on discussing our country' international competitiveness of trade in financial service.The third chapter is the analysis on our country's international competitiveness of trade in financial service.First of all,it explained our country's present situation of financial service trade,and it mainly has carried on the analysis from two angles that are the interstate payment of international finance trade in services and the commercial existence of financial service trade.Secondly,it analyses the influencing factor of our country's international competitiveness of trade,such as such as human capital factors,technical factors,capital and demand factors,related and supporting industries,business organizations,strategic and competitive opportunities as well as government.Finally,it explains formation mechanism of our country's international competitiveness of trade in financial serviceThe fourth chapter is evaluation analysis on our country's international competitiveness of trade in financial service.First of all,it introduces the evaluating indicator system construction' principle and the frame of competitiveness of trade in financial service.Secondly,it uses the international market share,competitive advantage index and revealed comparative advantage index to analyze our country's international competitiveness of trade in financial service.It selects ten European, American and the Asian countries to carry on the international comparison,and explains that our country's international competitiveness of trade in financial service is weak;Finally,it uses factor analysis method to synthesized appraise our country' trade in financial service,and it explained that,although the whole competitiveness of our country's trade in financial service is weak,it still it presented the trend of escalation in the fluctuation development..The fifth chapter is the countermeasure and the suggestion for improving our country's international competitiveness of trade in financial service.The main contents include that establish complete finance supervision system to guard and control finance risk effectively,establish the good introduction of talent and the cultivation system,enhance independent innovation ability of financial industry, strengthen the government's support to the trade in financial service,and take path to the financial service liberalization of trade steadfastly.The sixth chapter is conclusion and research insufficiency.The main conclusion of this paper is that our country's international trade in financial services is less competitive,but the international competitiveness level of trade in financial service assumes the rising trend in the fluctuation.The main research insufficiency is that using the data from BOP may have deviation and affect the studying results to some extent.