The Study Of Competitive Capabilities On Financial Service Outsourcing Of Shanghai

As the development of the world economy,social division is deepening and refining constantly. As a product of the social division of labor,outsourcing emerged in the manufacturing sector firstly.After the reform and opening up,China has became a world factory,because of seizing this opportunity to outsource manufacturing. But it also brought the serious problems like environment pollution,a significant reduction in resources and rising labor costs and so on.Outsourcing, particularly financial services outsourcing has some typical characteristics we called two little and two high,for example,little resource consumption and little environment pollution,high-tech and high value-added.This is important for China who is want to change the way of economic development to achieve developing quickly and efficiently in economy.Shanghai, as the center of economy and finance in China,is in the important period to become the center of international economy and finance.Not only Shanghai should drive the development of manufacturing and modern service industry in China by promoting the development of finance,but also bear the mission of establishing reputation all over the world. At the same time,the financial services outsourcing not only become the new engine of economic development in Shanghai,but also establish business contacts with more international financial institutions.We will always win if know the advantages and disadvantages of others and ourselves.So,if Shanghai want to become the center of international competition,it must know the current level of competitiveness of the financial services outsourcing and take useful measures to enhance itself abilities.Logical thread of this paper is "a clear understanding of the development status of Shanghai financial services outsourcing targeted to improve competitiveness."After the author check out a large of literature for financial services outsourcing competitiveness and collect the latest data for public sector, it mainly adopts research methods with the combination of qualitative and quantitative, theory and empirical analysis, in-depth study on Shanghai’s financial services outsourcing competitiveness. Firstly, according to the theory of the GEM analysis framework in-depth analysis of Shanghai’s financial service outsourcing level of competitiveness from the underlying factors, enterprise factor, market factor these three angles, and innovative to the Angle of financial geography, with the theory of "push and pull" evaluation of Shanghai’s financial service outsourcing competitive level again.Then,this article from two aspects:our country and Shanghai to elaborate the status and characteristics of financial service outsourcing business development. Next, for the first time with the combination of factor analysis and SWOT analysis method on financial services outsourcing in Shanghai competitive level empirical analysis.A combination of both is to more comprehensive and in-depth understanding of the real level of competitiveness of Shanghai financial service outsourcing industry. The result shows that Shanghai’s financial services outsourcing competitiveness ranked second.Findings show:the largest competitive advantage of Shanghai’s financial services outsourcing industry is the scale effect created by industrial agglomeration and in addition, the backstage financial services outsourcing needs released by a large number of financial institutions, good infrastructure are both the advantages of developing Shanghai’s financial services outsourcing industry. Meanwhile, Shanghai also has many disadvantages such as high business costs, the lack of government’s follow-up support policies,scarcity of high quality talents.During to the advantages and disadvantages of the current situation of developing Shanghai’s financial services outsourcing, we propose the following policy recommendations:Firstly, based on the high end, develop advantageous financial services outsourcing business. Secondly, strengthen the support for financial services outsourcing industry.Thirdly, Intensify the introduction and cultivation of high quality talents. Fourth,establish a professional financial services outsourcing operating platform.Fifth, constantly improve the investment and financing service system of financial services outsourcing industry. Sixth, relying on the Yangtze River Delta, financial services outsourcing can take the way of joint development.