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Research on the Necessity and Core Principles of Internet Financial Supervision

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DOI: 10.25236/icepbm.2018.112

Author(s)

Ke Haiqian

Corresponding Author

Ke Haiqian

Abstract

During the past decades of reform and opening up, China's economy has been developing rapidly. The interest of Internet information technology has made the Internet finance more and more influential in people's lives, and is becoming more and more prominent in the financial field. In this case, the Chinese government also proposed to focus on the construction of Internet banking, but the continuous development of the Internet finance will not only impact the traditional financial market, also bring some pressure for financial regulators. And the Internet environment is complex, involving a large number of users, so it is important for regulation. China's Internet financial regulatory authorities need to build a scientific and perfect Internet financial regulatory system based on the needs of Internet financial development, and continuously enhance the control of Internet financial regulation. This paper analyzes the necessity of strengthening the Internet financial supervision in China, and puts forward the core principles of supervision so as to promote the stable and sustainable development of the Internet.

Keywords

Internet Finance, Supervision, Necessity, Core Principles.