Research On The Influence Of China’s Financial Services Trade Openness On China’s Financial Services Exports

As financial services is related to one country’s economic operation directly,and also related to one country’s economy and finance safety, Trade in financial services is becoming a research focus. This paper choose the openness of China’s financial services market and the export of financial services as research objects, Study the influence of China’s financial services market openness on the financial services of China’s exports.Based on the introductiing the definition of financial services trade, the paper analyzed the situation of China’s financial service and reviewed the openness process of China’s financial services trade market, which showed the trajectory of gradual liberazation policy in China, fist opened some cities as pilot cities, until finally opening outward completely. Then this paper used the modified Mattoo’s quantitative model of financial services market openness, quantified the openness of financial service trade market in China, and then this article studied the influence of China’s financial services market opening on China’s financial services exports, and the result showed a negative relationship between them, the empirical analysis result also showed that the human capital, technologic and capital element have positive influence on China’s financial services exports. At Last, this paper tried to put forward several advices to promote China’s financial services exports and the subsequent openness of China’s financial service Market.