Measurement of Barriers to Trade in Financial Services between China and the United States

Trade between China and the United States is developing at a fantastic speed. Research on financial service trade is a hot spot. This paper mainly focuses on measuring barriers of financial service trade between China and the United States by attaching improved centripetal force model to estimating the power of trade barriers over the years. Through empirical analysis, conclusions can be given: China is gradually opening its financial service to United States which means liberalization degree is improving year by year.