A Study On The Factors And Countermeasures Of Restricting The Development Of P2P Credit In National Areas

P2P credit, the financial innovation of the products from the bottom to start, to a certain extent, eases the pecuniary needs of ordinary people. But whether we can replicate this innovative form, and now I am afraid that the conclusion is premature.P2 P credit companies set up in national areas are always very rare. No matter whether the conditions are ripe, whether it can apply, has yet to be proven. Based on this issue,has caused author to explore the P2 P credit development in national areas.The author through reading related literature both at home and abroad, found results of overseas colleagues more rich and detailed, domestic exploration are still in its infancy and have yet to be followed up. In this paper, the national areas as the research object, to explore the development status and existing problems of the P2 P credit in national areas and find out the crux of the problem, getting a effective treatment program.This study found that the development of P2 P credit plays an important role in national areas, as follows: realizing the technology dividend, urging to build an inclusive financial system, encouraging private financial sunshine, etc.Through the home of net lending data sorting, from the provincial distribution dimension and a time dimension, platform type dimension analysis of the general situation of the whole P2 P credit market in China. Presents the following features:P2P credit market in China is in a state of rapid development, the comprehensive interest rate of P2 P credit in all country appear the development trend of rational-crazy- rational state, large capital consortium involved in P2 P credit transaction, P2 P credits layout changed. However,though analyzing of part of the P2 P credit platform's data in national areas. That has the following characteristics: the total number of platform is less, the size of the transaction is small; the average income level is low,security model type is not complete; trust fund mechanism is not perfect, lacking a solid capital backing, etc.Based on the data of the questionnaire for the status and prevalence of P2 P credit in Xinjiang, author conducted data analysis. The development of P2 P credit in national have a certain contributor, as follows: the people's bank savings more, can accept the highest annual rate is relatively high, have a positive attitude to take part in this activity,using personal computer to the Internet, the computer penetration rate is high, net age and frequency is higher, the vast majority of people think that the development of P2 P credit in national areas is necessary. development is a certain realistic expectations.Of course, while there are many positive factors, there are some conditionality factors, specific as follows: there are insufficient funds, the platform not promotion efforts, no perfect governance structure, management ability is weak, there are legal supervision vacancy, the credit system is not perfect, many problems in the supervision and control of funds and so on. In addition, the overall economic activity participants in the ethnic areas have little understanding of the characteristics of P2 P credit, like the long tail effect, to the center, inclusive, democratic and individuation and so on.Author believe that there are many problems in the case, but we can learn about the common experience from Lending Club, Zopa and Yi xin "Yi nongdai" platform.The first is regulation, as for clear product attributes, with the authority of the association, consciously improving the external supervision system, etc. The second is operation mechanism, to choose a operational mode can appropriate the local economy and society. The third is the risk control, adopted the "split-mismatch- approach",implemented the loan portfolio, in order to attain the purpose of risk diversification.Based on the data analysis, this paper puts forward countermeasures and suggestions for the development of P2 P credit in national areas, the details are as follows: the first is microscopic countermeasure, the P2 P credit platform needs to strengthen the construction of guarantee mechanism, bear the responsibility of scrutiny,to be innovative products and services for the local, to make effective duct, to seekconforms to its own development direction and countermeasures; the second is macro proposal, the government must improve the legal rules and regulations, must improve the construction of unique credit system, P2 P industry must establish the association,the platform must promote inclusive financial concept.With the income increasing, the mode of production to the scale, intensive,industrialization mode, the demand for credit funds will become ever more strongly.Therefore, in order to improve people's income, accelerating the development of P2 P credit in national areas, it will become an important task of the current financial development in national areas.