摘要
我国P2P网络借贷行业在经过市场导入期、快速扩张期后,进入了分化整合期,行业利率逐渐回归理性,平台地理分布相对集中,民营系平台占据很大比重,平台业务同质化发展明显,行业市场集中开始显现,在平台角色、资产获取渠道、风险分担机制等方面多样化发展和探索。在行业监管方面,采取"中央+地方"监管主体的分权模式,实行"备案管理+负面清单"的监管模式,并明确了P2P网络借贷平台的信息中介定位。未来我国P2P网络借贷行业的发展速度将放缓,收益率持续下降;P2P网络借贷平台将回归信息中介,并逐步打破刚性兑付;P2P网络借贷平台之间的竞争进一步加剧,并实现分化整合;P2P网络借贷平台的资金端将回归线上,资产端更趋于多元。
After the period of introduction and rapid expansion,the P2P industry in China has entered the period ofrealignment and regrouping;the interest rates in this industry has rationally returned;the platform distribution has beengeographically centralized;the proportion of private platform has been increased;the homogenization of platform business hasbecome obvious;market centralization in this industry has been emerging;and the development of this industry has beendiversified in terms of the role the platform plays,capital sources and risk sharing mechanisms. In terms of industrial regulation,the decentralized regulation pattern of“central ＋ local”has been adopted;the regulation pattern of“record management ＋negative list”has been adopted;and the information intermediary role of P2P platform has been confirmed. In the future,thedevelopment of China’s P2P industry will be slowed down and the yield rate will be continuously decreased;the role of P2P platform plays will return to information intermediary,and the compulsory repayment will be diminished;competition among P2P platforms will becoming more fierce,and the realignment and regrouping will be realized;and the capital sources of P2Pplatform will return to be online,and it will become more diversified.
出处
《中国流通经济》
CSSCI
北大核心
2016年第7期115-121,共7页
China Business and Market
关键词
金融市场
P2P网络借贷
监管新规
发展趋势
financial market
online P2P lending
new regulatory rules
developing trends
