Research On Development Issues Of Fujiang Wealth P2P Network

First made its debut a few years ago, the P2P(peer to peer) network credit is a financial service mode, its difference with the traditional banking credit mode lies in its combination between financial service and the internet service. In recent years, P2 P network credit has developed rapidly, it has become an important part of private lending and has effectively released the difficult problem of folk capital investment and the financing of medium, small and micro-sized enterprises, P2 P industry has already become an important access for medium, small and micro-sized enterprises for investment and financing.With the deepening of China`s opening-up policy, medium, small and micro-sized enterprises have got rapid growth. Under the circumstance that small-sized enterprises could hardly get financing by traditional banking system, the P2 P network credit has thereby developed dramatically. But at the same time, some factors have hindered the progress of the P2P`s development. For example, some platforms have illegally broken down, and the China Banking Regulatory Commission(CBRC) was just at the starting period of P2 P regulation, and the laws and regulations related are incomplete for the time being. There is no denying of the importance of the P2 P industry, but nowadays, P2 P is experiencing its hard winter time.The purpose of this paper is to analysis the further development of FuJiang Wealth, a newly arisen P2 P network credit platform, and the paper would focus on first, the platform and the second, the credit and loan, these two crucial factors for a newly established P2 P network credit company. First by a brief description of the scale and the characteristics of the current situation of P2 P industry in XinJiang province, explain the current situation of P2 P industry at the financially undeveloped area, and the problems and the challenges facing the newly established P2 P internet company. Then, this would give a detailed introduction of FuJiang Wealth, a local P2 P network credit company in XinJiang, and trying to find the problems by analyzing the operation mode, the platform development scale and the credit scale. And then, by comparing with mature foreign P2 P companies, this paper trying to get some lessons learned. At last, offering some suggestions for the further development of FuJiang Wealth.Through the comprehensive analysis of FuJiang Wealth, a XinJiang local P2 P network credit platform, suggestions are given for the better and faster development, and make some fundamental work for the study of China`s P2 P industry.