An Analysis Of The Impact Of Internet Finance On The Efficiency Of China's Commercial Banks

Commercial banks play a very important role in China's financial system.The development vitality and operational efficiency are the key factors in the social stability of our country and the success of economic system reform in the new normal state.But with the global financial integration and internationalization,China's commercial banks by the impact of the global financial crisis gradually highlighted;Secondly,at this stage of China's economic downturn,the economic system into the deep water,economic restructuring will also promote The gradual transformation of the commercial bank transformation,the deposit insurance system and the marketization of interest rate makes the commercial bank profit model make a big change,the middle business income in the commercial bank income accounted for the declining trend;more importantly,with the securities industry and insurance Industry booming,commercial banks face increased competition.In recent years,attached to the rapid development of large data,cloud computing,and social networks,Internet finance in China to flourish.2013 is known as China's "Internet Finance" the first year.Internet finance has been the advantage of its Pratt & Whitney Finance,convenience and low cost,diverted some of the business of commercial banks,sucked away a large number of commercial banks potential customers,in this context,China's commercial banks have to change the mode of operation in order to deal with All the challenges.Based on the above reasons,this paper studies the impact of Internet finance on the efficiency of commercial banks on the basis of measuring the efficiency of commercial banks in China.This paper first reviews the domestic and foreign Internet financial and commercial bank efficiency of the relevant literature,the efficiency of commercial banks and the concept of Internet finance to define the use of qualitative analysis to study the impact of Internet banking on the efficiency of China's commercial banks mechanism;(TEE),pure technical efficiency(PTE)and scale efficiency(SE)of 11 commercial banks in China during the period of 10 years(2006-2015).Based on this,this paper constructs the multiple regression model of panel data to analyze the Internet finance The Impact on the Efficiency of China 's Commercial Banks.The results show that Internet finance has a positive impact on the comprehensive technical efficiency(TE),pure technical efficiency(PTE)and scale efficiency(SE)of commercial banks in China.Therefore,the opportunities and challenges of commercial banks are coexisting with commercial banks.Finally,the article puts forward relevant policy suggestions according to the research results.