Research On The Financial Innovation Of Hunan Post

Along with the transition of China's economy from high growth into medium-high gro wth,the development zenith of the assets and benefits of bank industry has gone and low-pro fit times is around the corner.In 2015,the market access to bank industry has become loose and its competitors have continuously increased.Besides,mixed operation has been constant ly deepened and the trend of financial disintermediation has been reinforced.The appearance of Internet finance leads to a brand-new change of social funding manner and has a profoun d impact upon the traditional channel,client and business of bank.Due to the accelerating m arketization of interest rate and the escalation of price competition,the finance industry in ou r country has been confronted with unprecedented challenge and competitive pressure.Look back on the previous development history,it is discovered that financial innovation has been always played an important role in finance industry and has run through the whole developm ent of finance industry.Continuous innovation has been made during our financial growth in various fields so as to improve the sustainable development capability of our finance industr y.For the ongoing development of our finance industry in the future,energetic efforts have t o be made to carry out innovations for the purpose of obtaining unceasing development moti vation and fulfilling qualitative leap.This paper starts with the connotation and theory of financial innovation and makes a ca se study of the postal branch in Hunan to explore the mode of financial innovation and its pr ocedure of transformation & upgrade after the research on the financial innovation at home a nd abroad.At first,a brief introduction of postal finance in Hunan is given in terms of the net work of service center,staff,layout of machines and channel construction,as well as busines s incoming,etc.;secondly,regarding current development situation of postal finance,an in-d epth dissection with respect to product,service,mechanism and technique,is conducted;nex t,the existing problems are analyzed;at last,to fulfill financial innovation,innovative progra m and advice including “online+ integrated” product,service “with special characteristics + i n batches”,“synchronous + professional” mechanism and “smart + platform” technique,are proposed in order to help postal finance maintain a healthy and fast development.