The Impact Of International Trade Finance To Enhance Global Value Chain Of China

For a long time,Chinese enterprises through global value chains to participate in the division of labor in international trade,with the business expanding,China's exports of low technology content and added value,global value chain in the downstream position in the international division of labor,the realization global value chain without delay.In the process of global value chain upgrading also has the effect of the financing needs of international trade financing can better meet the financing needs of different segments of the global value chain,enhance the influence of the global value chain is also gradually.With the growing development of the trading finance,its development level is increasingly affecting the level of global value chain upgrading in our country,so the international trading finance is of great significance to the global value chain upgrading of China.This paper is based on the related research results of the theory of the global value chain and trading finance,combined with KPWW analysis from participation in global value chain,the actual income index and dominant comparative advantage system,this paper make a research on our country current situation of the development of global value chain and the development level and trend in the international trading finance.Through the links between them,this paper comprehensively uses the theory of international trade finance,financial development theory,different stages from the division of global value chain corresponding financing needs,and to our country international trade financing innovation ascension has a positive role in promoting global value chain analysis of international trade financing mechanism of the impact of the global value chain upgrade,and econometric methods of international trade financing and participation in global value chain for the empirical study,further reveals the development of international trade financing level to enhance the importance of China's international division of labor status.According to the successful experience in international trading finance in high and new technology industry value chain of the developed countries,this paper expounds the deficiency of our country and give some suggestions to international trading finance of our country,improving the financing efficiency and the export of technology complexity and value-added,real earnings to further increasing of the global value chain.