The Study Of P2P Network Lending Platform Risk Management In China

At the third meeting of the 12th National People’s Congress, Premier Li proposed the "Internet +" concept to promote Internet technology grafted into the traditional industries, in order to taking advantage of the Internet role which can integration efficiently and depth optimization in the allocation of resources.Internet is rooted in the financial sector formed the Internet financial model that allows our country’s economic and social development burst out new vitality.P2P network lending as an important part of Internet finance improves the efficiency of social idle funds greatly in China,Plays a role in guiding the flow of funds and optimizing the allocation of resources,enriching people’s investment channels at the same time.Therefore,P2P network lending platform shows explosive growth in recent years in China.However, P2P lending network development time is shorter in China, P2P network lending platform lack of professional legal guidance and supervision.Therefore, many risk gradually exposed in the period of economic downside, giving investors huge losses and seriously disrupting the economic and social order.The demand of people and society about the strict supervision of P2P network lending is becoming more urgent due to P2P network lending platform involve a huge amount of money, social impact far-reaching. At present, research methods and management tools for P2P network lending platform to identify and manage risks are lacking, basically a qualitative way from the perspective of experts and scholars to study a single risk or a combination of risk, and also lack of overall analysis that using quantitative analysis from an investor’s point of view on the major risks P2P network lending platform.This paper works to improve our P2P network lending platform risk control system as the starting point, combining qualitative and quantitative analysis, synthesis experts and investors from both groups to study the existence of the current major risks of P2P network lending platform, putting forward some constructive management strategies for the risk of P2P network lending platform.Firstly, this paper find the study direction and the corresponding theoretical support by combing and analyzing literature; Secondly, studying P2P internet lending platform-related connotation and characteristics by qualitative analyzing; Followed by an overview of the current situation and development trend of P2P internet lending platform and its risk management in China; Further analysis of the mode of operation of P2P network lending platform and its major risk, and then use AHP quantitative studying P2P internet lending platform major risk from the experts and investors perspective; Finally, putting forward appropriate risk management strategies based on empirical results.