Research On China’s Bill Market’s Constraints On Trade Finance And Countermeasures

International trade finance is an important way of financing, it throughout the whole trade behavior of the enterprise, can solve the funding gap problem that the enterprises face during production and operation; While at the same time it can expand the banking business, bring a wealth of intermediary revenue to the bank. With the rapid development of China’s international trade, International trade finance has expanded each year. According to statistics, More than half of all the international trade need the support of trade finance. As the scale of China’s international trade continues to expand, china’s international trade financing gap is also becoming increasingly apparent.There are many reasons for china’s international trade finance can not meet demand. Such as international trade finance, effective risk control methods are backward,capital supply has insufficient capacity, the form of international trade finance is simple, financing methods monotonous, incomplete policies and regulations and so on. Bills (bills of exchange, promissory notes, checks) is the main tool to import and export enterprises in trade settlement, bills market is an important place for trade finance, is closely related to the degree of development and trade financing gap. Therefore, this paper attempts to paper market from our point of view,find that development status of china’s paper market scale of China’s paper market is expanding gradually increased to participate in the main violation gradually reduce bills, point out that due to the imperfections in the credit environment, laws and regulations, operating mechanism, the main transaction tools caused by the lagging development of the paper market. And forfaiting business in China to carry out for example, prove that the paper market lag restrictions on trade finance business. And comparative analysis of the England,American and Japan are three different bills market development model, absorption of the paper market in developed countries experience, put forward countermeasures to improve the paper market in China.Such as the establishment of a social credit system, clear market regulatory authority,to perfect paper market legal system, expanding the paper market transactions main trading tools and so on, promote trade finance business in China to carry out.