Mobile comprehensive financial services group of wheat gold suit in combination with iresearch released by the China mobile Internet consumer finance industry research report, the white paper. The report predicts that by 2019 China's Internet consumer finance market size or will reach 3.3 trillion yuan.
Data show that in 2015 China's renminbi credit balance reached 93.6 trillion, up 14.9%; At the same time consumer credit balance reached 19 trillion, up 23.3% from a year earlier. The report argues that, in recent years, consumer credit balance growth is significantly higher than RMB credit balance growth. Consumer credit balance in 2019 is expected to account for a quarter of the total amount of RMB credit balance, and become the backbone of growth, in the backdrop of the rapid growth of consumer credit, the Internet consumer finance market will usher in rapid growth.
According to the report, for a long time, the domestic financial system dominated by Banks, limited to bank risk control system limitations, housing loan proportion in China's consumer credit is on the high side for a long time. Based on large data, along with the development of the Internet financial picture and online letter on business development and to the network of lending business began to flourish, in this context, the proportion of consumer credit in credit structure will rise. Along with the market, to the promotion of the mobile Internet consumer recognition and consumer finance itself mature business model, consumer credit proportion will rise by further.
According to introducing, in 2013 ~ 2014, the Chinese Internet consumer finance market is in the early stage of development, e-commerce, online payment enterprises as well as with individual net platform (P2P) loan credit enterprise to join, at the same time, the traditional Internet financial enterprises are also attempt to grasp in the field of Internet.
In 2013, the report found that China's Internet consumer finance market is worth 6 billion yuan; Accompanied by jingdong and Tmall enters the market, such as size breakthrough 18.32 billion yuan in 2014, growth rate of more than 200%; In 2015 the overall market, broke through the billions. Scale is expected in the next few years, China's Internet consumer finance business will continue to maintain rapid growth, can reach the level of 3.398 trillion yuan by 2019.
Iresearch believe that financial markets keep consumption growing rapidly because of the Internet, the participation main body from the consumption of existing peer-to-peer (P2P) as the leading financial markets, expand the current electricity ecological based Internet consumer finance, the participation main body the amount and type of has significant breakthrough in 2013. Secondly, represented by the network shopping e-commerce market continues to high-speed growth, users and ability to further enhance consumer demand, consumer channels to expand; Again, the Internet financial broke out in 2013 to enter the real period, continued strong performance in 2014, has the breakthrough in the field of financial management, investment and credit.
Iresearch estimates that in 2016, the business will become the main in the Internet consumer finance business model.
