Research On The Risk Control Of China’s Auto Consumption Credit Market

In modern economic life, consumption will drive changes in national economic growth fromthe perspective of national economic growth, consumer credit is important way to promote theconsumption. Automobile consumption credit not only has promoted the healthy development ofChina’s auto industry, but also China’s national economy has developed economic important means.However, owing to the impact of subjective and objective reasons, China’s automobileconsumption credit business development is not very satisfactory, especially in recent years all overthe world automobile consumption credit business takes on a shrinking trend. The major reason isthat too much credit risk affects automobile consumption credit business the development ofautomobile, it frequently risk around the outbreak of malignant auto loans, auto loans of domesticinsurance companies insurance loss ratio increased by a large number. Automobile credit once wasan emergency halt in many cities. Therefore, we study automotive consumer credit risk, and it hasimportant practical significance that the reasonably should control the Chinese automobile creditmarket.In this paper, China’s credit market risks were studied, so it hope that we can contribute tocredit market for Chinese enterprises of the development faster and better.This article first analyzes China’s automobile consumption credit profile; and from thehorizontal and vertical angles compared the auto credit market and foreign market developmentoverview; The next analysis of the auto credit market risks that exist outside our car credit marketrisks and internal risks; Then our car credit market led to the existing risk factors were analyzed thatthe following factors led to the auto credit market risk：management did not pay attention, businesssector is not recognized, risk management training in place, human resource management needs toimprove, expand too quickly lead to imbalance, enterprises lack cohesion, staff quality to beimproved, the possibility of internal fraud, external fraud, the possibility of credit assessment andcredit is not perfect after the operational risk; Create a risk management culture, to strengthenmanagement’s attention, to promote business recognition, often organized risk management training,using the system to regulate the risk of culture, strengthen human resource management, enhancecohesion, standardization of credit before the operation process. Finally, China’s auto credit marketrisk control necessity and feasibility.