| The study purpose of the paper is to present the suggestions of problem resolution through understand of basic status of present automobile credit market in our country and the analysis on main affecting factors and existing problems, finally attain the purpose of further exploiting automobile credit market in our country, promoting consumption and forcing growth of national economy.I. The Basic Status of Automobile Credit MarketFrom the basic situation of automobile credit market all over the world, the present proportion of credit for automobile purchase in our country is comparative low. It will be good for harmonious development of economy to expand automobile credit market. It is different from overseas automobile account company that lies in dominant position. The managerial subjects of automobile consumption credit market at present phase in our country are mainly commercial bank, insurance corporation and account company. The competitive subjects are mainly bank, automobile dealer, automobile enterprise's account company, in which commercial bank lies in absolutely dominant position. The credit mode of automobile consumption at present is quite single, mainly including three modes: mode of direct-consumer taking bank as subject, mode of indirect-consumer taking dealer as subject and mode of indirect-consumer taking non-bank financial mechanism as subject.II. Developing Status of Automobile Credit MarketExternal automobile credit market rises from western countries and now has developed quite perfect. Yet our country's starts late from 1990s. The development of automobile credit market in country has roughly experienced three phases, i.e. initiative phase, developing phase and competitive phase. With entrance into WTO of our country, international automobile financial magnate has intervened into Chinese automobile financial market one after another under the seduction of enormous market prospect. The appearance of automobile financial corporation has caused Chinese automobile credit market into quick developing period under multipartite impulsion.III. Affecting Factors of Automobile Consumption Credit We study affecting factors of automobile consumption credit from three respects including borrower, lender and outside environment.The factors of borrower are: consumption cost factor, credit formalities factor and consumption consciousness factor. The factors of lender are: credit object factor and productive service factor. The factors of outside environment are: political environment factor and factor of individual trying credit system.IV. The Existing Problems of Automobile Credit Market in Our CountryAt present, the existing problems of automobile credit market in our country are mainly illustrated in five respects as follows: first, the market capacity of automobile consumption is limited. Due to the purchasing price of automobile and other tax fee is expensiveï¼› but the income level of resident income promote slowly and other factors such as expecting balance etc, which have constrained the development of automobile consumption creditï¼› second, the managerial method of consumption credit is lagging. It is shown as managerial subject and credit product is single. Credit cost is expensive. Formalities is complex. Credit risk is relative largeï¼› third, the relating policy and regulations are imperfect. Macroscopic economic policy does not completely form the setï¼› fourth, individual credit trying system is insufficient. The publics are short of credit consciousnessï¼› fifth, traditional consuming consciousness is obstacle. V. The Necessity and Feasibility of Developing Automobile Consumption Credit MarketIt has conspicuous functions as follows of greatly developing automobile consumption credit: automobile consumption credit could promote quick growth of resident's real consumptionï¼› automobile consumption credit could cause production scale to expand quicklyï¼› automobile consumption credit could perform "multiplier" effect promoting economic...
|
PDF Full Text Request