China's Financial Service Trade International Competitiveness Research

China joined the WTO in2001, and it wrote a new chapter on the developmentof Chinese financial service and Chinese financial service trade. After the outbreak ofthe world financial crisis, economy and financial industry of each country has beenaffected. In such a context, this article focuses on development of Chinese financialservice trade after accession to the WTO. This article evaluates the internationalcompetitiveness level of Chinese financial service trade according to the analysis of theopenness of financial service and the international market share, TC, RCA, NRCA offinancial service trade of9countries and regions. What’s more, the article uses Porter’sdiamond model to find out the influence factors of international competitiveness ofChinese financial service trade. It article gets the gap between China and financialservice trade powers. Finally, the article gives some advice in order to seize theopportunity of international service transfer, get a better position in the internationaldivision of labor, and improve the international competitiveness of Chinese financialservice trade.