The Development Of The Internet Financial Impact On China’s Commercial Banks

In recent years,Internet financial accompanied by a new wave of Internet technology,develop rapidly in China.Electronic payment,P2 P,crowd funding,The Internet fund,the innovative financial products constantly emerging.Internet financial development is rapid.Internet financial bring changes to the financial sector.Under the government’s support and drive,the Internet financial booming toward the healthy and orderly direction.The development of the Internet financial caused the dramatic change of the financial industry structure.A few years ago,the Internet enterprise financial products rapid expansion.This caused concern about a original commercial Banks for their business.Internet financial competition attracted a lot of money from commercial Banks.This caused the influence of different level to the bank.After a period of watching and learning,part of the commercial Banks have begun to use Internet financial management concept and development model.And gradually develop the characteristics of the commercial bank Internet financial products.Now,the internet financial products of the Internet enterprise and Internet financial products of commercial Banks in the financial market in the competition.Financial market competition is increasingly fierce.In a different segment of the financial sector,internet financial impact on commercial Banks are different.For different commercial Banks,in the face of the Internet financial impact,strategy and actual practice are also different.In the future,internet financial will merge with commercial Banks.The development of the Internet financial to the banking industry has brought the huge impact.Not only is a real business performance.But also the service consciousness,personnel construction,product design,use of science and technology,many aspects have big influence.This will promote the commercial Banks of the service level of ascension.Strengthen the commercial Banks for financial service function of the real economy.Raising the overall competitiveness of China’s commercial Banks.