2015Journal of Changchun UniversityRequires access

Research on Development Predicament of Internet Financial Enterprises in China and the Countermeasures

Liu Yuan-yua

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Abstract

Internet finance promotes financial industry's innovation in China,at the same time,causes a great impact on the traditional financial industry. The existing internet financial enterprises of our country face many dilemmas,for example,the lack of system supervision,traditional financial pressure,hidden danger of technical security,unperfected credit system,insufficient financial innovation and so on. Therefore,measures should be taken such as clarifying financial subjects,establishing an information sharing mechanism,establishing internet financial security system,innovating internet financial profit mode as soon as possible,in order to promote the healthy development of internet financial enterprises.

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What this paper is about

Internet finance promotes financial industry's innovation in China,at the same time,causes a great impact on the traditional financial industry. The existing internet financial enterprises of our country face many dilemmas,for example,the lack of system supervision,traditional financial pressure,hidden danger of technical security,unperfected credit system,insufficient financial innovation and so on. Therefore,measures should be taken such as clarifying financial subjects,establishing an information sharing mechanism,establishing internet financial security system,innovating internet financial profit mode as soon as possible,in order to promote the healthy development of internet financial enterprises.

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Available abstract

Internet finance promotes financial industry's innovation in China,at the same time,causes a great impact on the traditional financial industry. The existing internet financial enterprises of our country face many dilemmas,for example,the lack of system supervision,traditional financial pressure,hidden danger of technical security,unperfected credit system,insufficient financial innovation and so on. Therefore,measures should be taken such as clarifying financial subjects,establishing an information sharing mechanism,establishing internet financial security system,innovating internet financial profit mode as soon as possible,in order to promote the healthy development of internet financial enterprises.

Key concepts: The Internet, Business, China, Finance, Indirect finance, Order (exchange), Financial innovation, Financial system

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