19岁大学生真人免费观看电视剧,小说极品岳母,日本伦理三级成人电影,久久爱福利电影,真实的与子乱刺激对白,波多野结高清无码中文dvd,神马三级伦理片,他最野了小说全文,聪明的妻子怎么面对老公外遇

US EUROPE AFRICA ASIA 中文
Business / Industries

No need for China to copy US model in Internet finance

(Xinhua) Updated: 2014-03-21 14:22

NEW YORK - China can learn some experiences from the United States in managing Internet finance rather than completely copy the US model, an industry expert said.

Duplication is not feasible as the two countries have been walking on different paths in this sector, Cai Kailong, Secretary General of Internet Finance Club 1000's Wall Street branch told Xinhua recently.

Unlike that in the United States, where credit card is a dominant way to make payment, China's credit card payment is still not mature, which leaves room for online third party payment and products with both payment and investing functions, he said.

Cai suggested that China learn from America's experience in structuring a sound and effective system framework of Internet finance.

Product designing is quite important in China, as finance based on mobile Internet and smart phones has witnessed robust development in recent years, Cai said, citing Yu'E Bao, created by e-commerce giant Alibaba's online payment arm Alipay, as an example.

The market entry threshold of Internet financial products in China is relatively low, while in the United States the applicant company needs to provide registered capital and approval from state government, he noted.

The expert suggested that China step up information disclosure, develop individual and enterprise credit system to help raise default costs and consequently reduce defaults, and tighten requirements for Internet finance companies to enter the market.

No need for China to copy US model in Internet finance
 
 

 

Hot Topics

Editor's Picks
...
...