Strategy Research Of Offshore Financial Development In Hainan Province

From January4,2010, the State Council issued " A number of opinions on promoting the development of international tourism island of Hainan ", Hainan Following Shenzhen, Shanghai, Tianjin later became the fourth region to carry out the State Council approved a pilot offshore financial services. This is for the development of Hainan offshore financial markets, pioneering innovative financial road, providing a larger space. Along with the national policy of "offshore" exploration in Hainan, Hainan innovative financial services industry will achieve orgasm. From the point of view of economic development of the past five years, the total amount of Hainan three industrial economy steadily rising, three industrial structure adjustment, the financial value added for the first time accounted for more than6%of GDP. In the meantime, banks, insurance and other financial institutions have settled in Hainan, Hainan and the overall economic environment has been greatly improved, should be timely to carry out offshore financial services. Therefore, under the principle of caution and objectivity, the business development of Hainan offshore financial markets should be gradual, offshore business innovation research, and use their own policies and advantages, and actively explore the characteristics of the area offshore financial market development.This paper describes and demonstrates to focus on the following seven parts:The first part is an introduction, mainly introduces the purpose, significance, methods and innovation research. The second part defines the basic meaning and offshore financial market characteristics, and from several major aspects of offshore financial markets into a literature review, including the financial development and economic growth, the formation of offshore financial market factors, economic effects, and business model. The third part introduces the development of the offshore market environment in financial markets, and from the offshore business customers, business, scope and regulatory to introduce the status quo Hainan offshore financial business. The fourth part presents favorable conditions and constraints of view about the development of offshore financial market in Hainan, and a comprehensive understanding about the development of Hainan offshore financial market realities and difficulties. The fifth part describes the main offshore financial market development experience of the world, as well as the development trend of foreign offshore financial markets, to give useful reference for the development of offshore financial markets Hainan. The sixth part successive analyses targeting offshore financial markets, operating mode selection in Hainan and why highlight Ihe need to develop the region’s Hainan offshore urgency in this area. The seventh part from two angles to introduce. As the government, through government guidance, strengthen supervision, laws and regulations, infrastructure, talent introduction and interoperability between and surrounding areas, etc. From financial institutions themselves, through the expansion of offshore financial business scale, innovative offshore financial products and enhance their risk control capability to promote the construction of Hainan offshore financial markets.