The Future Development Trend of P2P Online Lending Industry under The Financial Regulatory Policy and The New Situation

Abstract

As an innovative Internet financial service mode, person to person (P2P) network lending has rapidly promoted the development of Inclusive Finance in China. However, in the development process of P2P network loan, there are also some problems, such as platform role deviation, institutional function alienation, industry credit difficulty and so on, which lead to a large number of phenomena, such as suspension of business, refund, difficulty in cash withdrawal and running away. Faced with this dilemma, the regulatory authorities began to carry out strict supervision on the industry and guide the benign exit and transformation of the industry. In view of this situation, this paper will predict the future development direction of China’s online lending combined with the financial regulatory policies and the future trend of Internet Finance under the new situation.