Study On The Domestic Automobile Financial Development Based On The Comparison Between China And Foreign Countries

The so-called auto finance refers to the development of the automotive industry as the carrier-related financial services, including financial advice, credit services, car insurance and other services. According to the author collected data shows that, similar to the US and other foreign auto finance industry development has reaching maturity, and with the economic globalization, the rapid penetration to other countries in recent years, with the rapid development of China’s automobile industry, auto finance industry China’s development status was significantly prominent, therefore, into the new century, China’s auto finance industry in the rapid development of automobile background has also been a rapid development. With economic globalization and the deepening of China’s opening up, foreign auto finance companies continue to enter China, China’s automotive financial services industry is facing more intense competition. In this paper, the status quo of China’s auto finance and foreign auto finance development contrast, in particular by analyzing the differences between the two study the development process of China’s automobile finance problems in, and learn from foreign experience in the automotive and financial development, predict the development of the domestic auto finance on the basis of trends and make recommendations for the development of auto finance.Specifically, this paper a study of literature collection, comparative study method, during the study, the main research content is divided into four parts, the first part is an introduction, mainly introduces the research background, significance, simple case of domestic and foreign auto finance development for the follow-up study laid the theoretical foundation; the second part is a comprehensive introduction to foreign auto finance and laid the foundation for this research a reality; the third part is to compare the development of domestic and foreign auto finance and Car finance the development of the problems in our country, highlighting the development of China’s auto finance industry which deficiencies still exist, set the tone for later study; the fourth part is the responses to the issues raised over the development of China’s auto finance industry, hoping for China development of the automotive finance industry suggestions.The innovation of this paper is to finance the development of the car will be the situation at home and abroad comparison analysis, the gap between China and the world, and for the gap to propose effective solutions, with a strong application characteristics.