Research On Mechanisms Of Financial Service Trade Of China To Industrial Structure

Since the reform and opening up China’s sustained rapid economic development has become the second largest after the United States economy, but the attendant problem of irrational industrial structure has become increasingly prominent. Constantly optimize the industrial structure adjustment is made the basis of a country’s economy continues to develop, in this context, the transformation of economic development, the service sector as a driving force of economic growth under the new normal, in order to achieve the country’s industrial structure optimization and upgrading.In today’s economic globalization, trade in services, especially the role of trade in financial services through a country’s competitiveness is increasingly evident. So how to trade in financial services for a country’s industrial structure optimization of the impact, the impact is conducted by what means?Based on this starting point, the article first studies of financial services trade and industrial structure upgrading done a summary, analysis describes the development and current situation of China’s financial service trade development and industrial structure, and from the theoretical point of view of financial services trade effect on mechanisms of industrial structure, through capital formation, credit accumulation, improve economic efficiency, technical personnel overflow mechanism, the efficient allocation of resources, and ultimately impact on China’s industrial structure. And on the basis of empirical extraction 1999-2013 data development of the financial services business model to upgrade the industrial structure. By simplifying Chenery general equilibrium system model to analyze the financial service trade import and export value of the tertiary industry and employment impact.Finally, based on the theoretical analysis and empirical research, based on the optimization and upgrading of industrial structure of China, from the macro and micro levels for the further development of China put forward suggestions.