A Study Of The China-Asean Supply Chain Finance Cooperation Based On The Perspective Of The Commercial Banks

With the improvement of technology progress and industrialization level, the inter-firm division gradually replaced the labor division. The division of refinement makes global trade gradually expanding, and the development of economic globalization has given rise to the formation of the supply chain. In order to improve the overall competitiveness of the supply chain, the core enterprise of supply chain need to manage the supply chain. And for purpose of expanding the sources of bank profitability, according to the demand of the core enterprise financial supply chain management, the commercial banks developed a series of solution to the problem of supply chain finance, so the supply chain finance emerged. Over the past decades, the supply chain finance is blossoming rapidly in China, and it has been a new way to strengthen the cooperative relationship of enterprises and banks. As China has been in close contact with ASEAN counties in the fields of economy, trade, finance and so on, international trade activities between enterprises have been more frequent, so the transnational supply chain gradually formed. In the meantime, the China-ASEAN supply chain finance cooperation arises at the historic moment.In order to lay the root for achieving a wider range of cooperation between China and ASEAN countries, accelerating the transformation of China industrial upgrading and broadening the profit growing point of China commercial banks, this paper links the Chinese supply chain finance to the development of China-ASEAN free trade area innovatively. Additionally, to strengthen the China-ASEAN supply chain finance cooperation and provide a reference for it, the paper analyses the China-ASEAN supply chain finance cooperation and puts forward the specific operation measures of China-ASEAN supply chain finance cooperation from the view of commercial banks.The paper firstly introduces the background and significance of China-ASEAN supply chain finance cooperation and teases out the theories of the supply chain finance, international finance cooperation, financial risk management of supply chain and financial innovation based on the perspective of commercial banks. Secondly it analyses the cooperation situation of China-ASEAN supply chain finance, then explains the opportunities and challenges of inter-regional supply chain finance cooperation. Finally the paper makes a risk assessment model giving an example on the core enterprise in the textile industry based on the risk identified and proposes the corresponding policy advices.The study clearly shows that China-ASEAN supply chain finance meets the requirement of theoretical basis and practical conditions. For deepening the China-ASEAN inter-regional economic and trade cooperation and increase their profits, China commercial banks should reinforce the supply chain finance cooperation.