International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Where will Chinese Internet Finance Go?
Liu Wei

Internet finance is rapidly rising, the landmark financial reform has attracted widespread attention. Internet finance poses a challenge on traditional financial institutions, financial business, the traditional financial mode and the traditional financial supervision mode .This paper introduces the development process of China's Internet finance, financial characteristics and the advantages and disadvantages of the Internet, and takes Internet financial product “balance treasure” for example, illustrates the Internet finance impact on traditional finance; Finally, we draw lessons from foreign Internet finance supervision experience and put forward effective measures, the regulation of the Internet finance in China to ensure that it develops safely and orderly, and injects fresh blood to the traditional finance.

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