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1、Finance English Course papers1 An analysis about how the internet finance influences the entity economyThe reform of the Chinese financial industry is a global attention event, especially the interest rate market, exchange rate market and the relaxation of the financial regulation. But if the worlds
2、 major economies have an important reform, it will always be with the considerable innovation of the finance. So with the development of the internet and the IT technology, internet finance as a new financial channel has made great contribution to the whole traditional financial innovation in China.
3、 And the most important reason of reform is that the company is not only without the limitation of the capital requirements, but also lack of the supervision of the central bank.For instance, the rise of third-party recently.The third party of payment is that buyers and sellers trade the commodity t
4、hrough the trading platform provided by the third party. When the buyers pay the money, the third part will inform the sellers about that the money has arrived and the sellers can ship the commodity. After buyers inspect the quality of the chandises, they can do that the money is transferred to the
5、account of the sellers by the third party of payments. From now the related products of internet finance include the Lakala and the Yuebao which is held by the Alibaba Group.There are some reasons that can contribute to explaining the appearance of the third party payment. Firstly, the trading hours
6、 of the traditional commercial banks are limited, equivalent to the eight hours a day. And it is very inconvenient for many customers in daily life. Secondly, the most important reason is that the third party payment provides a credit guarantee. Because of the existence of the trading platform, the
7、sellers have the ability to withdraw the payment and the commoditiesquality can get a nice guarantee after the buyers have paid the money. As we know, the third party payment has a wide range of advantages. A point we must mention is that it decreases the cost of the online sales Finance English Cou
8、rse papers2 efficiently. Because of with the maturity of the internet technology, people can conduct their business online freely .Naturally, the cost of fixed assets will be reduced.Then we will talk something about P2P. P2Ps full name is peer to peer. Network credit originates in British, then dev
9、elops in America, Germany and other countries. The network credit corporation provides trading platform and lets the both lenders and borrowers bid freely. The lenders get the profit of interests, and at the same time undertake the risk. The borrowers must repay the capital and interests when the de
10、adline arrives. Finally , the network credit corporation has a chance to charge the intermediary service free.Recently , the relevant datas show the average composite interest rate of nationwide P2P net loans reaches 21.98% in January 2014. The average duration of it arrives 5.73 months. Meanwhile,
11、the total turnover gets 111.43 million yuan.Next let me answer the question why the P2P appears. The total amount of loans of the small and medium sized enterprises is very small. What is more, it is very difficult for commercial banks to manage many and small loans. So commercial banks are always n
12、ot willing to loan their money to them. On the contrary,P2P can help the enterprises get the funds conveniently and quickly. The most important function is breaking the information asymmetry between lenders and borrowers.But P2P also has many disadvantages. Firstly, the network credit corporation is
13、 different from the financial institutions which have the several hundred million of registered capital. The registered capital of the network credit corporations is very small and the corporations have the possibility to fraud the funds of the investors with the high rate. Secondly , the P2P net lo
14、an is emerging industries. Its organization is lack of the professional credit risk management. Above that, we may reasonably conclude such a result that it is very difficult to deal with the problem of the platform operation process well. Finally, it is also important that the relevant law about th
15、e P2P has not been regular and still exists many Finance English Course papers3 flaws .Have you ever felt desperated about your dream which is without enough launched funds all the time? Have you ever thought one thing about which you can use anyones money to help you achieve your dream? Yes , the crowdfunding can help you.In the past, crowdfunding was just a way that the tough struggling artists raised funds for creations. At present,it has developed such a channel that start-ups and individuals compete for the money for their own projects. What is the crowdfunding exactly? The small siz
