Development Status and Countermeasures of Cross-Border E-Commerce Financial Services in China

With the rapid development of Cross-Border e-Commerce (CBEC) in the past decade, the governments all over the world actively develop various supporting policies. It is necessary for commercial banks and financial institutions to innovate their ideas and business models so as to better adapt to development of CBEC, due to their role of providing financing and settlement services. This article analyzes the different modes of financing and settlement methods and some existing problems of CBEC in China, and then proposed some countermeasures, e.g., ensuring the financial security, establishing an international regulatory cooperation and dispute settlement mechanisms and optimizing the process of online financing services for CBEC, etc.