Development Of China's Individual Consumer Credit Problems And Countermeasures

Consumer credit is a financial service product when economic development is to a certain extent, development of the relations of monetary credit to a higher level, to ease the contradiction between consumption and production and gear consumer growth rate to that of production growth. China's individual consumption credit is accompanied by reform of the housing system reform. In March 1999, the People's Bank of China issued the "The Guidance of Declaration on Individual Consumption Credit", which promotes individual consumption credit only one stage. It has become an effective means to stimulate domestic economic growth with overheated investment, the lack of effective consumer demand situation. However, compared with developed countries, China's individual consumption credit level is still relatively backward. In the new period, the study of individual consumption credit problems has far-reaching significance to the promotion of the development of personal credit, further stimulate economic development.Thesis explored the increasing act of the individual consumption credit to trigger economic growth and how stimulate economy development through individual consumption credit. There still is an analysis of the development of status, problems and the impact of factors of individual consumption credit. Finally, deal with the problems and influencing factors, the development strategy are put, which is important theoretical guidance to help and practical significance to the increasing consumer awareness, defuse financial risks, foster new profit growth, the expansion of domestic demand and stimulating economic growthThe paper has six components:The first chapter puts the issues, discusses at home and abroad related theoretical study, outlines the basic framework, summarizes the research methods and ideas.The second chapter reviews the basic theory of individual consumption credit and the significance to develop individual consumption credit. The development of individual consumption credit has benefit to balance social supply and demand, to meet people's growing material and cultural needs, to improve the monetary policy transmission mechanism, to help commercial banks to improve asset structure and efficiency.The third chapter analyzes the status and problems in the development of the individual consumption credit, and summary the factors to impact individual consumption credit by qualitative analysis and comparison analysis.The fourth (?)hapter address constructive manner to further develop individual consumption credit.The fifth chapter makes comprehensive summary and conclusion.