Measures in Developing Consumer Credit in Our Country

Consumer credit is relatively new in our country, but it is the inevitable result in market economy when money credit develops to a high degree. Due to the particularity of the economic development in our country, consumer credit appears for the deflation caused by lack of demands in the economic activities. At the present, because the insufficient economy is over and the buyer's market has appeared in our country, it is time to start the consumer credit. The great potential consuming demands in our country provide a vast market for consumer credit. Therefore, developing different varieties of the consumer credit, perfecting the financial instruments, establishing medium- and small-scale consumer credit organizations and agencies and improving the environment of consumer credit are problems which we must face and solve when we accelerate our reform.