The Impact Of Internet Finance On Traditional Financial Industry In China

With the development of China’s financial reform steadily, as a new type of traditional financial forms of Internet financial industry of modern information technology into the investment and financing market in the allocation of resources, under the impetus of the Internet financial, China’s financial efficiency, trade structure, even the whole financial architecture is undergoing profound changes, the development of the traditional financial institutions need to use introspection and vision to deal with the rapidly changing market, realize the innovation and development of the Internet era. Will Internet technology to expand to the financial sector, financial services and the boundary of the market, but the development of the Internet economy, also makes the corresponding technology business risks and legal risks, increase the difficulty of regulation and supervision of financial management.This article used the interview method,questionnaire survey and literature method, namely in the study at the same time, a vast amount of literature of predecessors’ research results and conclusions of reference, and combining with the actual survey and data collection, and finally through the way of theory combined with the actual complete analysis and writing.In this research, in order to establish and perfect the Internet financial security system, the risk management system, legal system and supervision system, beware of online financial risk.