The Research Of International Trade Finance Innovationand Upgrading Strategy Of Small And Medium-sized Foreign Trade Enterprise

This thesis firstly analyzes the external social and economicenvironment that small and medium-sized foreign trade enterprises arefacing and the industrial development situation. In addition, it usesMichael Porter’s Five Forces Competition Model to mainly analyze theindustrial competition situation of small and medium-sized foreign tradeenterprises and states that currently China’s small and medium-sizedforeign trade enterprises are facing unprecedented developmentdifficulties and thus industrial upgrade is imperative.This thesis, from various aspects such as industrial self-developmentlaw, Porter’s Competition Model, SWOT etc, discusses in detail that themost practical and probable option for the industrial upgrade of small andmedium-sized foreign trade enterprises is to transfer from traditionalOEM business model to ODM business model, in other words, small andmedium-sized foreign trade enterprises shall make great efforts todevelop innovative supply chains. Meanwhile, this thesis particularlydiscusses the three stages that developing innovative supply chains needs to go through and several steps for scientifically designing innovativesupply chains. Moreover, taking the achievements of Hong Kong Li&Fung (Trading) Limited in global supply chain innovation managementand the real case of AFFOO Industrial (Ningbo) Limitedconcerningconstruction of innovative supply chains in footwear products ofinternational licensing brands as the examples, this thesis discusses thenecessity and possibility of small and medium-sized foreign tradeenterprises’ strategy to implement and develop innovative supply chains.In view of difficult financing problem that small and medium-sizedforeign trade enterprises are facing at present and their huge demands forcapital in the strategic process of industrial upgrade, this theis analyzes indetail the role and significance of small and medium-sized foreign tradeenterprises’ developing international trade financing, the causes fordifficult financing and the urgency of innovation in international tradefinancing. Finally, through analyzing the nature, value, innovativeness,core features and risks of international trade financing and correspondingcountermeasures, this thesis points out that international trade supplychain financing not only can fundamentally solve the problem of difficultfinancing of small and medium-sized foreign trade enterprises in theindustrial upgrade and development process but also can become aninternal pushing hand and core engine for improving innovative supplychains, enhance the overall competitiveness of supply chains, promote constant development and growth of small and medium-sized foreigntrade enterprises, directly boost the business growth of commercial banksand bring about huge future benefits, thus achieving an all-win situationof commercial banks, financing institutions as well as small andmedium-sized foreign trade enterprises.