| Consumer credit is a financial product that was designed to lessen the contradictory between consumption and production, when economy developed to a certain stage and credit system developed to a certain level. In market economy, consumer credit is an important means for adjusting consumption demand and contributing to stable development of economy. According to the experiences of developed countries, establish a successful consumer credit system is a cardinal way to accelerate consumer credit development.As for china, consumer credit was started after the open-reform sets out, and accompanied with house allocation reform. In March 1999, the Central Bank enact Guideline for Developing Consumer Credit, from then on, consumer credit has launch universally. In recent ten years, consumer credit developed very slowly. The problem of lacking effective means to adjust economy became more and more severe. Lagging of consumer credit system is nevertheless most reliable for that problem. Therefore, to establish consumer credit system and promote consumer credit is of great important as for setting up market economy system, recovering from recession and developing economy.The thesis is mainly about how to establish and perfect the consumer credit system of our country. Firstly of all, the writer expounded the necessities of establish consumer credit system in theoretical aspect. Secondly, looked back on the process of establishing consumer credit system of our country, the writer evaluated the present consumer credit system in detail. Then, compared consumer credit system in developed countries and try to find the common rules of consumer credit system. At last, some suggestions for establishing and perfecting consumer credit system of our country were put forward on the basis of preceding analysis.The thesis consists of four chapters. Contents of each chapter are as following.Chapter one expounded the necessities of establishing and perfecting consumer credit system. First, theory of consumers behavior and national income determination model was used to analyses the function of consumer credit at macro and micro level after the definition of consumer credit system was given. From the analysis we reach a conclusion that access to consumer credit is the main factor influencing its function of adjusting economy. Then, by application of institutional economics theory and investigation of supply and demand of consumer credit, we realized that, on the one hand, the supply of consumer credit offered by financial institutions. To increase access to consumer credit is to establish effective financial organization structure, to establish effective fund operation mechanism and to increase consumer credit supply ability. On the other hand, to increase access to consumer credit system is liable to individual information discover system, transaction rules of consumer credit and decreasing transaction costs. Finally, through empirical research of recent economy of our country, we concluded that the main reason for present low consumption rate is that more then ten years economic reform weakened ability of the existing adjusting means. During the process of establishing socialism market economy, it has become a crying need to set up and perfect consumer credit system and to institute new consumption adjusting mechanism.Chapter two appraised the existing situation of our consumer credit system in empirical respects. We had enacted series of consumer credit rules in last twenty years, looking back on those rules we could understand definitely that consumer credit system has experienced a from restraining-to-promoting process. In our existing consumer credit system, there are some problems such as incomplete financial institution system, imperfect credit fund operation system, inefficient information discover system, narrow consumer credit guarantee insurance coverage, etc. All these problems caused insufficient consumer credit supply, made visible and invisible consumer credit transaction costs higher and impeded co... |
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