The Influence of China’s Financial Service Trade Liberalization on the International Competitiveness of the Financial Industry
- 10.2991/assehr.k.200727.039How to use a DOI?
- Liberalization of trade in financial services, financial stability, competitiveness
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.
- © 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/).
Cite this article
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 -