Research on International Trade Financing Innovation of Commercial Bank in China
|Keywords||Commercial Bank International Trade Financing Innovation Risk management|
International trade financing is a kind of international settlement services for the trading parties in international trade. It originated in the development of international trade and international settlement. Since reform and opening up, China has witnessed rapid development in the international trade sector, especially after joining the WTO, which not only contributes to the national economy but also provides vast market for international trade financing. However, on the one hand, traditional ways of financing no longer accommodate with the development of economy and trade due to the increase of trade balance, changes of trade pattern and the restructure of imports and exports. A new way is in dire need. On the other hand, foreign banks are flooding into China. The competition in China financial market becomes more intensified. If local banks fail to get real progress on financial innovation, they will undoubtedly end up with disadvantages. In recent years, Chinese banks have obtained great progress in the international trade financing sector. However, this business sector has just been started and it requires gradual perfection. In addition, developing international trade financing of commercial banks can relief the influence of current financial crisis, promote the development of foreign trade and promote rapid and healthy development of our country’s banking system. Therefore, only by comprehensive studies into international trade financing through theories and practices, Can we bring on reasonable and feasible development paths to effectively promote innovation in the sector, support the development of international trade and help domestic commercial banks to transform to international commercial banks.In view of this, this paper researches international trade financing.The thesis is consisting of five parts. The preface part introduces the background of the thesis, content, research methods and the innovations. In the second part, based on the status quo of international trade financing sector both at home and abroad, this thesis absorbed and referred to related theories and literatures. In the third part, we made an analysis on the basic concepts and connotation of international trade financing, introduced interrelated international financing experiences and the reality of trade financing innovation in China. In the fourth part, the thesis analyzes motivations which affect trade financing innovation in China’s commercial banks, we research respectively from the perspective of supply and demand. In Chapter V, we analyze the path and risk controlling of trade financing innovation in China’s commercial banks, and give out how to improve trade financing innovation when facing with the problem of reality. Finally, we will give conclusion on the base of preceding analysis.