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Web of Proceedings - Francis Academic Press

Research on the Impact of Internet Finance on Small and Medium Enterprises in Jilin Province-Take Jilin Grain Wholesale Trading Center Co., Ltd. as an Example

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DOI: 10.25236/cstss.2019.059

Author(s)

Lixin Liu

Corresponding Author

Lixin Liu

Abstract

As an innovative financial format, Internet finance has always attracted the attention of the industry since its inception. Especially in China, it is a craze for Internet finance. The Internet has promoted the transformation of the financial industry. The production mode of the types of enterprises served by the financial industry has occurred. Significant changes have been made, and the financial financing method must also be adapted to it. It is necessary to continuously develop new products to meet its growing financial needs. The financial needs of the Internet era have changed from extensive to intensive, from traditional finance to Internet finance, and financial intermediaries have shifted to information intermediaries. The Internet financial model refers to a new financing model based on the Internet. It is different from financing between physical banks and capital market financing. The Internet financial model has its own unique advantages and will have a profound impact on the development of small and medium-sized enterprises in Jilin Province. This article takes Jilin Grain Wholesale Trading Center Co., Ltd. as an example.Discuss and discuss the development of SMEs in Jilin Province under the Internet financial model.

Keywords

Internet finance, Jilin Province, SMEs, Influence