Development Research Of Consumer Finance Company In China

As a professional organization which provides expenditure credit to the clients, the consumer finance company has been active for more than 400 years in the western history. And the development for consumer finance companies in China has just begun with its childhood. July 2009, the CBRC promulgated the "Measures for the Administration Pilot Consumer Finance Companies", the specialized consumer finance company before getting into the vision of residents, the rapid development of its business, that consumer banking in China has broad prospects for development.Currently, consumer finance company has just started some experimental units, these units only been set up in the relatively developed economy and relatively strong consumer willingness region. It can be convinced that the companies will seize market opportunities and promote the healthy development of the domestic consumer finance market for the industry and establish a good model under the proper regulatory guidance.In this paper, based on the established background of the macroeconomic environment in China, the integrated use of new economic growth theory, the use of regression analysis on the impact of various macroeconomic factors, consumer finance and make a thorough and objective of the specific analysis. Secondly, through the development process of China's consumer finance explained, leads to consumer finance companies in China's development status, and then analyzes the relevant stakeholders and will impact society. Next, use the amount of principal and interest analysis, that the pricing of consumer financial products and risk; previous paper, based on the analysis of competition in its business in the same comparative advantages. Finally, a series of previously discussed, compared to four pilot consumer finance company's business activities, expand their businesses to make certain in the future and give their views on risk aversion and financial system at the national consumer advice.Consumer finance business development, directly expand consumer demand, stabilize and improve the current level of consumption, and promoting China's industrial structure adjustment and upgrade economic structure optimization. At the same time, China also increased the income distribution of the rational allocation of housing, health care, education and a series of supporting System, which are mature for China to establish in the future, the consumer finance market and in line with the socialist market characteristics Consumer Finance provides a good environment. This is a mature consumer finance company business model put forward their point of view, to foster prosperity in the consumer finance market reference for the Chinese consumer finance company to make the comprehensive development of future prospects.