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The Main Constraints and Countermeasures of China's Auto Finance Development under the New Situation

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DOI: 10.25236/ermbfe.2019.086

Author(s)

An Mingming, Zhang Lei, Yang Yuqi

Corresponding Author

Yang Yuqi

Abstract

With the rapid development of the automotive industry, China's auto finance business is also developing at a high speed, but it is still insufficient to meet the financial needs of China's auto industry. Based on this, the article analyzes the main constraints and countermeasures of China's auto finance development under the new situation. Under the simple analysis of the status quo of auto finance development, this time constraints on financial development, including policy factors, regulatory factors, and environment. Factors, etc., and propose improvements from these aspects, in order to provide a reference for the development of automotive finance.

Keywords

Auto Finance; Constraints; Regulation