The Impact Of Export Policy Financial To China's Export Trade Structure Upgrade

Developing the export policy-based finance,to promote the transformation and upgrading of export trade structure,has been one of the financial strategies of China's export trade policy.During nearly decade,the financial support of China's total export policy and the quantity of high value-added export products has a large promotion increasing.In the worldwide,South Korea has a similar development history as ours,and South Korean government has been strongly supported the export policy-based financial development.Therefore,this paper mainly studies the relationship between the amount of financial support of the export policy-based financial institutions between China and South Korea,and the export volume of the relevant export products.Research and analysis are conducted on the support amount of export credit loan and export credit insurance for high value-added export products(ship,mechanical and electrical products,high-tech/ electronic products),and export amount of high value-added export products in the China and South Korea's 2008-2015 annual report of export policy-based financial institutions.Firstly,in the data collation and analysis parts,this paper describes the remarkable achievements in the transformation and upgrading of the export trade of China and South Korea in recent years.At the same time,the export policy financial institutions are listed respectively,from the institution types,business types and support directions.It demonstrates that both countries “export policy-based finance” development are of great similarity.Secondly,in the part of empirical analysis,the econometrics stationary test,cointegration analysis and causality model of Granger are used in this paper.The selected data is analyzed according to the order,and the analysis results show that there is significant positive correlation between China and South Korea in support amount of export policy financial for high value-added products export growth.According to the correlation coefficient,China supports more than South Korea.Finally,on the basis of the above analysis,combination with the author's experience in practical work,some strategies and suggestions are also put forward in this paper for the development and improvement of China's export policy financial system.