The Influence of China’s Financial Service Trade Liberalization on the International Competitiveness of the Financial Industry

DOI

10.2991/assehr.k.200727.039How to use a DOI?

Keywords

Liberalization of trade in financial services, financial stability, competitiveness

Abstract

As one of the “troikas” to promote economic growth, the importance of trade is self-evident. In the service trade, financial services have attracted much attention. As countries adjust the structure of service trade and gradually incline to financial services trade, it can be seen that financial services play an increasingly prominent role in economic development. However, will the liberalization of financial services improve the international competitiveness of the financial industry? On the basis of introducing the development status of China’s financial services trade, this paper makes a theoretical mechanism and empirical analysis on the impact of the liberalization of financial services trade on the international competitiveness of the financial industry, and puts forward feasible countermeasures to improve the competitiveness of the financial industry in the future under the condition of China’s financial services liberalization.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Tingting Liu
AU  - Lingzhi Li
PY  - 2020
DA  - 2020/07/28
TI  - The Influence of China’s Financial Service Trade Liberalization on the International Competitiveness of the Financial Industry
BT  - Proceedings of the 2020 International Conference on Advanced Education, Management and Information Technology (AEMIT 2020)
PB  - Atlantis Press
SP  - 174
EP  - 181
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200727.039
DO  - 10.2991/assehr.k.200727.039
ID  - Liu2020
ER  -