Analysis of the Government’s Comprehensive Governance of the Financial Market in the Internet Age

Abstract

With the continuous deepening of China's reform and opening up process and the continuous advancement of market economic system, China's financial market and capital market have both obtained good development opportunities. Meanwhile the development of economic globalization has facilitated financial reform and development across the world. Internet technology has developed rapidly and has penetrated into all economic sectors in China. Although China's Internet finance has caught up with the trend of the new era and has made a series of achievements, it also encounters many problems during its development. There still exist gaps between China's financial market and that of developed countries, especially in terms of government's comprehensive governance of Internet finance and the government's supervision of the market. This paper will discuss the new agenda of market financial supervision reform in the "Internet +" era, and then propose some suggestions for government's comprehensive governance of financial market in the Internet era.

Performance Determinants of China’s Internet Lending Business: A Study on the Regulated and Unregulated Companies

“…The policies implemented by the government may influence the economic system's formulation and the incentives structure, and it might even affect the quality (Lin, 2008). China's financial market governance relies on the government's policies and regulations to control the risks of the financial market (Yang, 2019). From the perspective of the supervisory authorities, a standardized risk regulation indicator system ought to be formulated for the Internet financial market.…”