Tuesday, November 11, 2014

Chinese internet finance companies have seen exponential growth over the past five years, and now provide a growing range of financial services. E-finance holds great promise for improving financial inclusion and may help accelerate the process of interest rate liberalization. Government policies are largely supportive. However, concerns remain about consumer protection, the regulatory environment and the long-term viability of internet finance firms’ business models. Further development of the internet finance sector is likely to be accompanied by substantial gains in innovation and productivity, and could help China rebalance its economy toward a more consumption-based growth model.

IIF Authors

Z. Elif Aksoy

Z. Elif
Aksoy
Senior Financial Economist
+1-202-857-3647
zaksoy@iif.com

Sonja Gibbs

Sonja Gibbs Senior Director Global Capital Markets IIF
Sonja
Gibbs
Senior Director, Global Capital Markets
+1-202-857-3325
sgibbs@iif.com

Feng Guo

Feng
Guo
Chief Representative
+1-202-857-3654
fguo@iif.com

Fiona Nguyen

Fiona
Nguyen
Senior Research Analyst
+1-202-682-7443
fnguyen@iif.com

Zoe Keating

Zoe
Keating
Program Analyst
+1-202-857-3652
zkeating@iif.com

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