A Study Of Construction Of Xiamen Cross-strait Regioilal Financial Services Center

As one of the patterns of the financial centers, the regional financial center has the functions of optimizing the financial markets, making a reasonable allocation of resources, strengthening the risk management, promoting the financial innovation and so on. ultimately to promote the regional economic growth by the financial industry agglomeration.Nowadays several local governments in domestic have proposed the building of financial centers, such as international financial center construction in places like Beijing, Shanghai and Shenzhen, the domestic financial center in places like Tianjin, as well as the Northeast regional financial center in Dalian. However, as a bright pearl in the southeast coast of China. Xiamen neighbors with Taiwan cross the strait, owning unique geographical advantages and political needs. Building the regional financial services center in Xiamen, it is a key point of the construction of Fujian financial markets, also an important part of the construction of the West Strait Economic zone. In recent years, along with the introduction of national policies, setting up cross-strait regional financial center in Xiamen is put into practice constantly.On the basis of regional financial services center theory definition and analysis of the causes, the paper seeks to clarify model reference and strategic advice by analyzing the advantages and opportunities of Xiamen regional financial services center construction, and summarizing the weakness and challenges of Xiamen regional financial services center construction.Mainly adopting SWOT analysis method, emphasizing on empirical analysis combined with normative analysis, according to the classic review and theoretical research, the empirical analysis of the present situation of Xiamen construction of the regional financial services center and the normative analysis of how to further promote cross-strait regional financial services center construction are presented in this article. Moreover, proper use of data analysis and comparative analysis are not only available for successful experience of city financial center construction in certain developed countries and regions., but also helps to find strategies for Xiamen to construct the regional financial services center by countermeasure research and general theoretical analysis.This paper holds that Xiamen should adopt SWOT strategies in the course of constructing the cross-strait regional financial services center. It includes that the local government leading the promotion, improving the market of the financial elements, developing of the new financial institutions and strengthening the financial service. Xiamen first needs to attach importance to the guidance on supporting the development of cross-strait small and medium size enterprises increasing regional emerging industry diversification with application of the Internet finance. More efforts should be made to cultivate Xiamen’s own characteristics to achieve dislocation management, which is suggested to be achieved by three ways:establishing the Financial Information Shared Services Centre to support the electronic commerce and the Internet Financial, setting up the Financial Derivatives Trading Center to support the financing of small and medium enterprises, establishing the Financial Personnel Training Center to support the convergence the financial elements.