Research on the Realistic Obstacles and Countermeasures of the Development of International Factoring in China under the Economic Globalization

Abstract

Factoring business is a mature and effective method of settlement and financing in the world, and has been widely used in the export trade of today's world because of its own advantages. At present, the competition of international trade has changed from the price of products, the quality of competition to the comprehensive competition of trade mode. International trade has been a major engine of China's economic development, improving the competitiveness of China's foreign trade, seeking to adapt to the characteristics of our country and conform to the international trend of trade settlement, is a matter of economic overall situation. This paper explains the basic theory about international factoring, analyzes the deficiency existing in our country's international factoring industry talent and single product, target customer selection dislocation and other obstacles to development, and from strengthening government functions, put forward corresponding strategies to improve the quality of personnel.