Indian Journal of Science and Technology

Abstract

This paper focus on the internet finance in China. A recent new trend in financial area shows that a high-interest Web banking on the rise in China. When everyone is pleased, Chinese regulators say they are considering new rules to govern the sector. This paper discusses that if it needs the supervision for the Web banking and the internet company who has a foot into financial field? If needed, How and what rules it needed? Paper pay attention to the characters of Public Finance and Shortage make-up by the internet companies using the historical data and comparative analytical method. This paper bring forward the rules from the space for survival and development of internet companies according to their targeting segment that national banks don’t look at.
Keywords: Internet Finance, Regulations, Web Banking