Research On The Regulation Of Chinese Internet Finance

As the deepening of finance reform in China, Internet finance gradually steps into the people’s vision. Chinese Internet finance get rapid development in 2013 and it supports more investment methods for Chinese investors. While it exists some problems appearing in Internet finance with its rapidly increasing. In China, there are three main types of Internet finance: the third party payment platform, P2 P platform and crowdfunding. With the rapid development of these three types, the experts have found imperfections. For instance, in the third party payment platform, customers were suffered by financial fraud and hacker attack. In P2 P,many platforms were disappeared and the investors could not get their money back. However, in crowdfunding, there are many restrictions in China to limit its development. The problems maybe contain the bugs of technology, but the most important reason is the lack of Internet finance regulation in China. So to issue the law of Internet finance regulation is necessary. In this paper, it will illustrate the strategies and points of view about Chinese Internet finance regulation.This article is consisting of four parts. Firstly, it introduces the background of Internet finance and Internet finance regulation. Secondly, it says about the current situation of Internet finance in China. Specially, it mostly focuses on the types of Internet finance in China and its existing problems of regulation. Thirdly, the paper chooses the USA and UK as examples to illustrate the regulation of Internet finance. At last, the paper gives out proper comments and suggestions on how to structure the Internet finance regulation systems in China.