Title: Influence and countermeasures of internet finance on traditional finance industry
Abstract:The continuous development and progress of internet finance in China bring great changes to the whole financial field, which not only promotes the innovation of financial institutions, prompt its comp...The continuous development and progress of internet finance in China bring great changes to the whole financial field, which not only promotes the innovation of financial institutions, prompt its competition consciousness,and perfects the supervision institution of capital market,but also promotes the marketization of interest rate and the development of banking industry. At the same time,the internet finance brings great impacts and influences on traditional finance mode and financial concept. The developing status quo,structural characteristics and emerging business modes of internet finance in China is analyzed, the influence of internet finance on traditional financial industry is expounded, and countermeasures are proposed of traditional financial industry from aspects of concept renewal,adjustment and transformation,and mode innovation under the impacts of internet finance.Read More
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: article
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Cited By Count: 1
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