International Competitiveness Of China's Trade In Financial Services Research

From the 1960s, with the rapid development of world economy, scientific and technological innovations push forward the continuous upgrading of industrial structure. International service trade has developed rapidly. Its growth rate exceeded the growth rate of international trade in goods that making international service trade in position in world trade more important. Financial service as an important part of service trade has a very significant role in promoting other items of trade. Financial service is important in national economy and brings to governments' attention. Compared with developed countries, China's financial service trade started late and is still very naive and weak. In this situation, by the means of researching our country' financial service trade and putting forward the soundness of proposals, it is very significant to improve the level of international competitiveness in our country's financial service trade.This paper that is based on the researches of financial service competition capability by domestic researchers and foreign researchers analyses the development situation of our national financial service. This paper uses some indexes, for example, net export balance indicators, international market share, TC and RCA to analysis the competition capability of our national financial service in the world comprehensively. At the same time, this paper gives some advices to improve the competition capability of our national financial service according to the six aspects (such as elements' state, related and supporting industries, enterprises organizations and strategies, intra-industry competition factors, government policy and opportunities factors) of the Porter's theory about national competitive advantage.