摘要
Chinese consumer finance has been booming recently,especially since 2014.However,research on this topic is scant.This study presents an updated analysis,providing original,significant contributions for academics,investors,and policymakers.We explore five perspectives:(1)macroeconomics:policies adopted by the Chinese government to enhance economic growth through promoting personal consumption;(2)financial market:China's different types of consumer finance institutions and their financing;(3)consumers:improvements in financial inclusion and consumer protections;(4)regulations in the context of supply-side structural reforms;and(5)potential areas for future academic research.
基金
This research did not receive any specific grant from funding agencies in the public,commercial,or not-for-profit sectors.