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Web of Proceedings - Francis Academic Press

Analysis of the Challenge of Internet Finance to Traditional Finance

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DOI: 10.25236/ecomhs.2019.221

Author(s)

Xiaoru Zhang

Corresponding Author

Xiaoru Zhang

Abstract

The development of internet finance is an effective enrichment for the development of China's financial market, and it has taken a new vitality for the development of China's financial market. While the development of Internet finance has brought challenges to traditional finance, it is also conducive to promoting the development and improvement of traditional Chinese finance in a certain sense. This paper introduces the relationship between Internet finance and traditional finance. After analyzing the status quo of traditional finance in China, it proposes the improvement measures of traditional finance.

Keywords

Internet finance, Traditional finance, Challenge