Investigation on Consumer Finance Risk Management in Zhejiang Province

DOI

10.2991/icmete-19.2019.14How to use a DOI?

Keywords

Consumer finance; Financial technology; Credit system

Abstract

Consumer finance is becoming significantly important nowadays, given the reform of financial system and the development trend of financial internationalization. In recent years, the scale of consumer finance market in China has developed rapidly. Based on the first hand data collection through online questionnaires and conducted interviews, this paper finds out the difficulties in consumer finance risk management in Zhejiang province, including inevitable information asymmetry, high credit information reporting system cost, low-level financial technology, incomplete supervision, insufficient professional talents, and scarce consumer finance products. In order to make contributions to consumer finance research field, this paper simultaneously summarizes corresponding feasible suggestions, such as enhancing the construction of credit reporting system to advance financial risk assessment, combing financial technology efficiently, strengthening government supervision, developing professional talents, building risk management awareness construction, etc.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Saier Su
PY  - 2019/05
DA  - 2019/05
TI  - Investigation on Consumer Finance Risk Management in Zhejiang Province
BT  - Proceedings of the 2019 International Conference on Management, Education Technology and Economics (ICMETE 2019)
PB  - Atlantis Press
SP  - 56
EP  - 60
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmete-19.2019.14
DO  - 10.2991/icmete-19.2019.14
ID  - Su2019/05
ER  -