The Research Of International Competitiveness Of China's Securities Industry In The Background Of The Gradual Opening Of Capital Markets

With China's capital markets opening gradually, the major competitors of China's securities industry are securities institutions from the developed countries in Europe, America, the newly industrialized countries in Asia and the rapidly developing countries in Latin America, which protrudes the problem of international competitiveness in China's securities industry. Most of the studies try to find how to enhance the international competitiveness of securities industry with comparing the domestic and foreign securities industry.From the perspective of qualitative and quantitative determination methods, this thesis is divided into seven chapters to analyze the status and prospects of the international competitiveness of China's securities industry. The first chapter describes the background, the related studies, ideas and structures of the research. It also refers to the main research methods and innovative points. The second chapter is the theoretical basis of researching on the international competitiveness of securities industry. Based on the relevant concepts and theories of international competitiveness, we can define the international competitiveness of securities industry. And then we will give the theory of competitive advantage and international competitiveness and describe the research methods. The third chapter has a brief review of the gradual opening of Chinese capital markets and describes the status and characteristics of China's securities industry. The forth chapter has a general analysis about the international competitiveness of China's securities industry and find the factors which influence the international competitiveness of China's securities industry at the background of the gradual opening of Chinese capital markets. In the fifth chapter, we will use the diamond model and fuzzy synthetic evaluation model to establish the evaluation factors about international competitiveness of securities. Then from above evaluation factors, the sixth chapter gives a case of GF securities and analyzes the growth process about its international competitiveness. The last chapter puts forward some countermeasures to enhance the international competitiveness of China's securities industry, and then give some prospects.Based on the analysis of an industry concept, it lacks of available index system to evaluate the international competitiveness of China's securities industry. With using fuzzy synthetic evaluation model to quantify the international competitiveness of securities companies, it may influence the results of this study because of the limitation of choosing relative indexes which is the direction for further research, and meanwhile it is just the innovation of this thesis.