Research on the Influencing Factors of China's Financial Services Trade Competitiveness

Abstract

According to data from the National Bureau of Statistics, from 2012 to 2020, China's total financial services exports increased from 11.9 billion yuan to 28.8 billion yuan, but the scale of China's financial services exports is still small, and the international market share is low. Therefore, in-depth study of the competitiveness of China's financial services trade and the identification of factors affecting the competitiveness of financial services trade are of great significance to promoting the development of China's financial services trade. This paper analyzes the current situation of China's financial services trade, discusses the influencing factors of China's financial services trade competitiveness, and finally puts forward policy suggestions based on the analysis results, which is of great reference significance for improving the competitiveness of China's financial service trade and promoting the high-quality development of service trade.