Research Of Business Development In Trust Industry Based On The Core Competitiveness Theory

Trust is the only one that can across the capital market, money market and industry market at the same time in the financial field, which has been regarded as one of the four pillars with bank, insurance and security in the financial market. The trust industry in China has been reconsolidated and reorganized for several times since the restoration of the trust system in 1979. In the past few years, trust industry has played an increasingly important role in activating the financial market and its development has gained wide attention.China Banking Regulatory Commission edited and published new Trust Company Management Measures, Trust Company Capital and Trust Plan Management measures, Trust Company Administration Guide in March, 2007. The quality, operation, management have been significantly regulated by these Management Measures and Guide. At one time, these Trust Companies about what was said above will newly register and apply for Trust license. China Banking Regulatory Commission issued The Note Implement new measure to encourage developing new operation such as management, individual section investment trust, asset securitization and overseas financing entrusted etc.With the promulgation and implementation of the trust new law, Trust company's management present situation is far from of the new means' related stipulation, how to establish our country trust industry development direction correctly, lead the entire trust industry to go out the trough as soon as possible, and achieve sustained, stable development, is urgently needed.Based on this, on the China Banking Regulatory Commission to redefine the provisions of the trust industry and to encourage the development of a new direction as an opportunity, on the basis of the status quo this article to clear at the basic question of trust and trust companies operating, through a comparative study between the development models of domestic and foreign trusts, summed up the Enlightenment to China's trust companies, unified Trust company's management present situation, the external environment analysis of the trust to give Trust company's development direction--return principal work. The research analyzes under the new laws and regulations Trust company's development direction, the service goal and the operation flow, aims at the new direction at which the China Banking Regulatory Commission advocated, with emphasis on the similarities and differences between the new and old trust laws and regulations. Proposed five aspect service suggestion, develops the private solicits stockholder's rights investment (PE) service, the investment in real estates trust fund (REITs) service, the enterprise annuity service, the property securitization service and the investment banking service, to adapt the trust innovation, guide Trust company prioritize trust business, realize the strategic readjustment.