Comparative Analysis Of China And The United States Personal Financial Services

As China’s booming economy and the residents’ disposable wealth rapid growth, the importance of the personal finance industry in the financial markets increases more and more. However, compared with the developed economy of the United States, China Personal Financial Services (PFS) can only be considered just getting started. This paper first introduces the concept of PFS, the role, content and types; followed the development of Sino-US Personal Financial Services carried out a detailed comparative analysis, that through the process of development of the two countries, the financial services market level compared types of financial products, investment regulatory compliance, degree of comparison and discussion; thought the constraints of the personal Financial Services has the limitations of monetary policy and market environment, the limitations of the limitations of the customer information management, financial innovation and industry team building limitations; fourth introduced between the two different families financial case, the difference in the rate of return for further comparison between the two countries personal Financial Services, through its various investment channels and financial concepts; thinking to draw on China’s individuals the policy recommendations of the financial Services development, from economic openness and institutional integrity, customer service and maintenance, financial product innovation and specialization construction and performance appraisal levels, our personal Financial Services as soon as mature.