Research On The Evaluation Of Comprehensive Development Level Of Chinese Consumer Finance

Consumer finance has become an important part of Chinese multi-level financial system with after decades of development.With continuous improvement of new urbanization strategy and economic structure strategy in China,Chinese consumer finance industry's development environment has been further improved,embodied in that the level of consumption of Chinese residents continue to improve,the concept of advance consumption is also being accepted by more and more people,especially by young consumers.In addition,in addition to traditional commercial banks and other financial institutions,internet technology companies and new internet financial platform has also carried out consumer finance business in recent years,which has expanded chinese consumer finance market size.In the current domestic economic situation,the development of consumer finance business has obvious positive significance.However,due to Chinese consumer finance is in the development stage,the level of regional consumption and financial development in China has a big difference.First of all,this paper first elaborated on the concept of consumer finance,the theory of consumer finance,the development of Chinese consumer finance industry,and so on.Then,this paper combines the development of Chinese economic,financial,legal and consumer finance industries to assess the factors influencing the development level of Chinese consumption finance,such as industry scale,resource conditions,development environment and potential risk.Then,this paper tries to establish the evaluation system of the level of comprehensive development of Chinese consumer finance in 18 provinces and cities in China.Among them,the industry scale,resource conditions,development environment and potential risks are classified as four evaluation indexes of evaluation system,On the basis of the four primary indicators,this paper selected 14 secondary evaluation indicators once again.In this paper,the original data of 14 secondary evaluation indexes were processed by dimensionless model,the standardized data are obtained,and the weight of the secondary evaluation index is determined by the coefficient of variation.After the formula,the ranking situation of comprehensive development level of consumption finance in 18 provinces and cities in China has obtained.Finally,the horizontal and vertical analysis is carried out according to the calculated results.This paper concludes with the following conclusions.Chinese consumer finance industry is relatively low level of development and there is a serious regional imbalance.Chinese consumption finance in the industry scale,resource conditions and the development environment are poor,which need for substantial improvement;Chinese consumer finance industry is still facing the potential risks,which can not be ignored.In view of the above conclusions,this paper puts forward the following six suggestions,namely,to expand the scale of Chinese consumer finance market,improve Chinese credit system,improve Chinese consumer finance regulatory policy system,improve Chinese consumer finance laws and regulations,strengthen Chinese network Environment Construction,Strengthening the talent cultivation of Chinese Consumer Finance Industry.