The Preliminary Study On P2P Credit In China

P2P called network based on peer-to-peer lending,is referred to as Peer-to-Peerlending,the prototype of 1983 is considered the founder of Yunus intended to provide microfinance grameencredit mode for poor people,and in 2005 the British Zopa is recognized as the first formal credit model P2 P.Through the Internet platform intermediary,the financial model matches the capital demander and the fund supplier directly.It is mainly located in the small and micro financial market,the market is an effective complement to traditional financial institutions.P2 P is a kind of financial innovation,relying on its main conditions of technology,market,system,its path of innovation mainly for the financing of the main innovation,business model innovation,financing channels,financing innovation product innovation,service innovation and financing.The empirical analysis of the effect of P2 P credit on economic development shows that there is a positive correlation between P2 P credit volume and economic development,but the elasticity coefficient is 0.047.On the one hand,P2 P credit has a positive role in promoting economic development;on the other hand,it also shows that P2 P credit has a relatively weak contribution to economic development,and it is still in the initial stage of development.In order to further study the development of P2 P credit,the P2 P credit operation model,the platform background and the causes of the problem platform are analyzed.Through empirical analysis and case analysis in the development of credit P2 P two aspects,put forward six major problems in the development of China's internal external P2 P credit: adverse selection under the interest rate market,credit system,supervision system is not perfect,the scale is limited,not by the whole industry cycle test,data validity still needs verification,risk the identification system still needs to be improved.Through the analysis of the case of P2 P credit success abroad,summarizes four successful experiences: industry supervision law more perfect,the traditional community spirit and public information,credit rating management fees grade,cooperative banks and third party professional organizations.On the basis of the successful experience of other countries and the actual situation of our country,the author puts forward the thinking of further development of P2 P credit in china?...