Research on the Key Influencing Factors of the International Competitiveness of China’s Financial Services Trade in the “Belt and Road” Environment
- DOI
- 10.2991/978-94-6463-835-6_67How to use a DOI?
- Keywords
- International Competitiveness; Financial Services Trade; Belt and Road Initiative; Human Capital; Infrastructure Connectivity; Industrial Synergy
- Abstract
In the context of the “Belt and Road Initiative” (BRI), enhancing the international competitiveness of China’s financial services trade has become a critical issue for promoting regional economic integration and global financial governance. This paper aims to identify and analyze the key factors influencing the competitiveness of China’s financial services trade within the BRI framework. By combining theoretical frameworks such as Porter’s Diamond Model with empirical analysis, the study examines how financial market development, policy support, human capital, infrastructure connectivity, and industrial synergy shape the competitive landscape. Using panel data from 2013 to 2023 involving 35 BRI partner countries, the research employs a fixed-effects model to test the hypotheses. The findings reveal that financial innovation capacity, government regulatory efficiency, cross-border payment infrastructure, and skilled labor supply are significant drivers, while challenges such as regulatory divergence and service homogeneity persist. The study contributes to understanding the unique dynamics of financial services trade under the BRI and provides policy implications for enhancing China’s competitive edge in global financial markets.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xiande Wang PY - 2025 DA - 2025/09/17 TI - Research on the Key Influencing Factors of the International Competitiveness of China’s Financial Services Trade in the “Belt and Road” Environment BT - Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025) PB - Atlantis Press SP - 634 EP - 641 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-835-6_67 DO - 10.2991/978-94-6463-835-6_67 ID - Wang2025 ER -