The Research on the Development of China's Internet Finance

Since 2013, the Internet finance has become a hot financial topic in China. Internet finance has brought the huge impact and challenge to the traditional financial relying on the technological superiority of the platform and innovative products. Some people say that the Internet finance is "subversive", it will overturn the traditional financial, however, we did not agree with this point of view in this paper. This article through the analysis of development history of Internet finance, try to find out the characteristics and prospects of China's Internet finance. Our view is that it will keep a long-term competing and cooperating between Internet finance and traditional financial. Through the study of China's Internet finance development model, we can foresee the Internet finance what change and influence on the traditional financial. This is the main content in this paper.