An Empirical Study On The Influence Of Financial Development On China's Optimization Of The Structure Of Export Service Trade

One of the important components affecting national economic growth is the situation of international trade export,therefore,and the optimization of export trade structure is an important drive force for a country to improve its international competitiveness.The service trade has become a new momentum of the world's economic growth.Compared with developed countries,China still has a larger growth space not only in the scale of service trade but also in the degree of service trade structure optimization.With the economic growth,enterprise's financial demand is also increasing,and more scholars are studying the influence of financial development to the structure of service trade.The author,from theoretical and empirical,qualitative and quantitative analysis methods to study the influence of financial development on the structure of service trade export.The first three chapters summarized the mechanism of financial development promoting the optimization of service trade export structure theoretically,which concluded that financial development is mainly from factor endowment and technological progress to affect service trade export structure.The fourth chapter,using the data collected from 1998 to 2015 in our country and making charts,analysis the status of financial development and structure of service trade;The fifth chapter,based on the data of China from 1982 to 2015,starts a series of empirical tests to find out the relationship between financial development and China's export trade structure.The results show that the expansion of financial development scale could promote the optimization of China's export trade structure,while financial development structure and efficiency is one of obstacles to the optimization of China's export trade structure.Moreover,foreign direct investment and trade openness has positive and negative effects on the improvement of the service trade export structure respectively.The sixth chapter puts forward three policy suggestions,including broaden the financing channels,increase the support to knowledge,technology and capital intensive industry,coordinate our country's regional financial development.