Research On The Impact Of Internet Financial Development On The Liquidity Of China's Commercial Banks

Since the emergence of yu e bao in 2013,various types of Internet financial products have emerged in an endless stream.Internet finance has become the most powerful competitor of commercial banks.Through technological advantages,the continuous invasion of commercial banks in the asset end and liability side has had a tremendous impact on commercial banks.Coupled with the deceleration of China's economic growth,commercial bank business volume has also decreased.And with the Fed announced in October 2014 that the third round of quantitative easing policy has been completely ended,the 2017 Fed's schedule of rate hike increases continuously,and the liquidity of the domestic money market is gradually tightening.In this context,the performance level of commercial banks has gradually declined and the liquidity level has tightened.In the face of such a situation,commercial banks are constantly making changes and improving their competitiveness through a variety of financial innovation products and new types of banking smart outlets.This article is based on the difficulties faced by commercial banks,to explore the impact of Internet financial development on the liquidity of China's commercial banks and liquidity management issues,to provide a new solution perspective for commercial banks to face the current complex economic and financial environment.This paper analyzes the impact of Internet financial development on the level of commercial banks' liquidity,based on the results of empirical analysis,and makes some recommendations in a targeted manner.Based on this,this article is divided into the following sections.First,the basic theories of internet finance,commercial bank liquidity,etc.are combed to provide a theoretical basis for follow-up research.Secondly,it analyzes the current status of China's commercial banks' liquidity under the background of Internet finance through data from multiple angles,and analyzes some problems existing in the liquidity management of commercial banks.In order to explore more deeply the impact of internet finance on the liquidity of commercial banks,this paper concludes through empirical analysis.In the empirical analysis,first of all,due to the short development time of internet finance,the data record of internet finance development is not very comprehensive.Therefore,in this paper,two kinds of different measures of internet finance are chosen to study the impact of commercial banks on their liquidity.Through the comparison,the conclusions can be studied more accurately.As internet finance is still undergoing rapid changes,the research in this article still needs improvement.Secondly,it analyzes the liquidity changes of commercial banks by analyzing the degree of the impact of internet financial development on liquidity and the introduction of economic growth and control variables for foreign exchange purchases.Finally,based on the results of empirical analysis,this paper puts forward some countermeasures such as commercial banks should strengthen their business innovation,and provides a certain direction of improvement for commercial banks to establish a complete liquidity management system.