The Competitiveness Analysis Of Financial Services Trade In China

Trade in services of a country’s economic development, industrial upgrading and the improvement of employment environment has a vital role. Financial industry occupy a large proportion in service sector, for the promotion of national economy role is irreplaceable. At present, the development of financial service trade in our country, because is affected by planned economy for a long time, late start, weak foundation and the overall development of smaller, and the larger gap between the western developed countries, the overall weak international competitiveness, promoting effect remains to be promoted to the national economy.At first, this-paper analyze the present situation of the development of financial service trade in China and the whole trend analysis and with Britain, the United States, Germany, India, Japan and South Korea to scale; Based on SWOT qualitative analysis of China’s financial services trade international competitiveness; Then, use to evaluate the international competitiveness of the international market share index (MS), revealed comparative advantage index (RCA), revealed comparative advantage index (CA) competition, trade competitiveness index (TC) and net export revealed comparative advantage index (NRCA) of our country and other financial services trade competitiveness evaluation and comparison of the six countries. Below, using the empirical model study of influencing factors, find out the factors influencing the larger amount of service trade in China; Finally from three aspects:government, industries and enterprises put forward the countermeasures and Suggestions.This paper concluded the following results:first, China’s financial service trade while in unceasing development, the rapid growth of import and export volume, Japan, India and South Korea, is now among the world’s highest, but there are still a distance away from Europe and the United States developed countries; In respect of paramagnetic deficit, China’s financial service trade is one of the largest, contrast national deficit in the import and export is very uneven. Second, index, according to research our country finance MS index increased from 0.18% to 2.02% in 2001-2001, share in gradually improve, even catch up with India, South Korea and Japan, but in 2014, with countries such as Britain, the United States and more than 10 times the gap; TC, numerical value is relatively low, intra-industry trade is not obvious, lack economies of scale advantage; CA, RCA index, NRCA overall is lesser, index results to some extent, can reflect the progress of financial service trade in China year by year, and approaching even surpassed Japan, South Korea, and India in Asia, but the overall competitiveness level is still very low. Third, by the method of empirical study found that China’s financial service trade competitiveness level and the degree of opening to the outside world, financial innovation and industrial clusters, human capital, the balance of loans of financial institutions, the development of related industries, fund use efficiency, market competition and government policy are related, but the influence degree is different.