A Comparative Study On The Competitiveness Of Sino-Indian Financial Services Trade

With the rapid development of the economy, financial service trade is attracting more and more attention, which also makes a country’s competitiveness in this field becomes an important indicator. This paper aims to carry out a comparative analysis between China and India, It will give a strong practical significance.By summarizing the relevant concepts and theories of financial service trade, mixing the classical theories, such as comparative advantage theory,competitive advantage theory, with newly theories:the intra industry trade theory and so on, basing the real situation of the two countries, It will give particular comparative analysis. This part clarified the indexes :International Market Share, Trade Competitiveness and Index of Relative Export Performance and compared the two countries from the overall and industry to find the differences in competitiveness. The next step gave the Strengths, weaknesses, opportunities, threats of the two countries in developing the financial service trade, chose the right factors and used the software Eviews to make positive analysis, aiming to enhance the credibility. The end of this paper offered the ways of improving the competitiveness of China in financial service trade and the last conclusion.The paper explained the related concepts and theories to make the theoretical groundwork for the following. The main part mainly gave the real conditions of China and India in developing the financial service trade by using the indexes : International Market Share, Trade Competitiveness and Index of Relative Export Performance, compared the two countries from the overall and industry to find the differences in competitiveness and summarized the Strengths, weaknesses, opportunities, threats of the two countries in developing the financial service trade.The most different part of this paper, it used the software Eviews to make positive analysis, aiming to enhance the credibility. The mission of the next part is to offer the right suggestions in enhancing the competitiveness of China in financial service trade,it included increasing the financial openness; strengthening the functions of the government; paying more attention on training the financial practitioners; enhancing the investment in R&D and so on. The seventh part is the last part of the research, it’s the symbol of the paper ending.