金融监管与中国P2P网贷的发展及异化

Analysis on The Development and Alienation of China's P2P Lending From the Perspective of Financial Regulation and Supervision

P2P网贷是近些年随着互联网技术发展而出现的一种金融创新,在世界各国均有不同程度的发展。P2P网贷在中国发展异常迅猛,交易规模在世界居首位,运营模式也在不断地演变,差异化和复杂性与日俱增。然而由P2P网贷造成的问题同样日益凸显,层出不穷的倒闭、跑路乃至诈骗事件给行业留下沉重阴影。本文试图通过分析中国金融监管体制的一个侧面来揭示P2P网贷在中国高速发展及异化的原因。本文认为,严格的金融管制使得正规金融服务存在不足,催生出大量不受监管的非正规金融。其中P2P网贷由于受到舆论的大肆鼓吹以及政府的潜在认可,突破了非正规金融通常在发展过程中遇到的诸多限制,从而出现高速发展以及模式的异化。

P2P lending is a financial innovation which emerged and developed along with the development of Internet technology in the world in recent years. In China,P2 P lending makes extraordinarily rapid development： the transaction size is largest in the world,The operating mode is evolving continuously,differentiation and complexity among platforms is growing day by day,etc. However,on the other hand,the problem caused by the P2 P lending is also becoming increasingly prominent,and amounts of collapse,abscond and fraud brings negative influence to the industry. This paper tries to reveal the reasons for the rapid development and alienation of P2 P lending in China by analyzing one side of China＇s financial regulatory and supervision system. This paper argues that strict regulation makes financial service by licensed financial institutions insufficient so as to encourage the development of informal finance. Support of public opinion and acquiescence from government make P2 P lending platform,a kind of informal finance,break the constraints,achieve high speed development and cause alienation.