Research On The Development Of Internet Consumer Finance And Risk Control

Since 2011,China's GDP growth has declined for six consecutive years.Before relying on investment and export,the mode of economic growth is no longer suitable for the current economic development.Stimulating domestic demand consumption and stimulating the real economy has become a feasible direction for deepening the reform of China's economic structure.Internet consumption finance has been written into the government work report since 2014.Until 2017,the government work report also has all the contents of Internet consumption finance.Over the past 2010-2015 years and five years,the proportion of consumption GDP has increased year by year,and by 2017,it has been over half of GDP.The contribution rate to GDP growth has exceeded 60% in the past 206 years,reaching 64.6%,an increase of 15.8% over the same period.It can be seen that our country's economic development has changed from relying on investment to relying on consumption.In 13 th Five-Year the plan formulated by the state in 2016,Internet banking has been formally written to the visible,Internet banking has been highly valued.However,only increase the total consumption and consumption accounted for the increase and can not fully explain China has to consumer society transformation,only when the consumer protection system in our country has a perfect pension system,full coverage of the convenient and efficient consumer finance system and pay attention to the interests of consumers has been as the core,can I say in the consumer society transformation.Since ancient times,Chinese residents' short-term or temporary consumer lending mainly through to meet friends and relatives around the loan,commercial banks and other traditional financial institutions to consumer loan demand services is very limited,although in the past few years China's consumer financial system has achieved great development and progress,but as for our country,a large number of residents and residents of strong consumer demand is not enough.In a word,we are confident in the future of our country's economic development,and believe that the next boom of our economy will be brought by consumption.Internet consumer finance sets the risk of two high risk industries in the Internet and finance,and the status and difficulties of risk management will be more prominent.This paper studies the development course,development status and risk of Internet consumption finance in China,and puts forward the model of credit risk identification through empirical research,and puts forward some suggestions for solving the risks and problems of Internet consumption finance in China.This paper from the Internet consumer finance in China the background and necessity of the introduction of the Internet,consumer finance in our country,the supply and demand structure,and introduced China's three major Internet consumer finance mode and its development,and then through the analysis of variousmodes are found in China the Internet consumer financial development problems and risks.Secondly,this paper makes an empirical study on the main risks of China's Internet Consumer Finance-credit risk,and establishes a judgment model for the default risk of the borrower.Finally,according to the above analysis and empirical research,we summarize the feasible countermeasures and suggestions for the development of Internet consumer finance and risk control in China.