Relying on Sina Weibo's huge user resources and social data

November 25, Sina Chairman and CEO Cao Chao in the "2013 Sina Golden Kylin Forum" said, relying on Sina Weibo's massive user resources and social data, Sina is willing to take a more open stance with financial institutions to explore the new Internet finance model, to create a new Internet financial platform. So far, Sina became Alibaba, Tencent, Baidu, the fourth to join the Internet Financial Warfare Group of large internet companies.

As the center of the National Internet development, Haidian District of Beijing in the second half of this year quickly shot, "Internet Financial Industry Park", "Internet Financial Center" and "internet financial base" have been opened, and Shijingshan early in August 2013 on the listing of "Beijing Internet financial Industry base", Walking in the forefront of the country.

What is Internet finance? What is the basis of this?

Romingxiong, vice president of Beijing Software and information exchange Limited, told the Daily economic news reporter, there is no unified definition, "no matter what kind of business model and product design in the Internet financial field, all embody the reasonable use of large data", large data is the foundation of Internet finance.

Internet finance has initially originated from Alipay, a number of internet research experts say. When the end of June 2013, Alipay United Tianhong Fund launched the "Balance Treasure" user breakthrough 2.5 million, the scale reached 6.6 billion yuan, early September, the scale of nearly 50 billion yuan, "internet finance" quickly become the focus of social attention.

However, compared with the development of internet finance, China's legal system is a blank, in this regard, Beijing Haidian District government issued "on the promotion of financial innovation and development of the Internet" special mention to strengthen the financial risk prevention content, Zhongguancun Management committee has also set up the Zhongguancun internet Financial Industry Association, Standardize the orderly development of the industry.

4 Internet banking sites listed in Beijing

"There are two or three of them now, but it's not easy to say which one is in the end." "Yang Chen, who is responsible for internet finance in Haidian District, Beijing, told the Daily Economic news," the Haidian District Internet Financial Industry Park will probably hold a opening ceremony at the end of November. "

October 19, a piece of "Internet Financial Industry Park" plaque awarded the Beijing West Four Ring Road north of the Sapphire International Center. According to the Haidian District Financial Office, this is the first headquarters base for the internet financial industry in Beijing.

Yang Chen told reporters that the center of the Internet financial enterprises are mainly foreign enterprises, "they will relocate headquarters to Beijing is not likely, but we are trying to get them to Beijing to register a new subsidiary." Alibaba is one of the companies that spoke to the Haidian district.

As Beijing's first Internet financial industrial Park project, the Haidian District government has given special support to the enterprises. "Financial Office data show that there are more than 7 support policies, including the simplification of enterprise registration process, new or moved to Haidian, some enterprises enjoy home purchase subsidy and three years rent subsidy, leading enterprises can also obtain financial incentives and a number of policy incentives and support."

The same day, the "Internet Financial Center" and "internet financial base." Haidian District Government October 11 issued on the promotion of Internet financial innovation and development of the opinion, the aim is to "seize the Internet financial development opportunities, with the use of regional Internet financial resources to promote the development of the Internet financial industry, the establishment of the National Internet Financial Center."

Yang Chen said that the renovation of the Kempinski building will be the location of the Internet Financial Center, the future will be about 20 Internet financial enterprises to enter, there are currently Jingdong Financial Group, Baidu small loans and other 6 Internet financial institutions to determine the building.

and the Internet financial industry base is located on the Haiding District Zhongguancun Software Park, the plan shows that Baidu and Tencent, Huasheng Tiancheng and other Internet enterprises will be established in this large-scale office building. Yang Chen told reporters that the place will be Baidu and Tencent and other enterprises of the Internet financial sector. Zhongguancun Software Park related people told the Daily Economic news reporter, the internet financial industry base is currently listed, but there is no further work.

Yang Chen told reporters: "Do a good job in the Internet financial enterprises, not only the Haidian District government this year's key work, but also next year's key work." "Public reports show that Haidian District has devoted 500 million yuan to set up the Internet Financial Industry Investment Guidance Fund to support the development of internet finance."

In fact, in Beijing, the Internet financial enthusiasm is not only Haidian district, Shijingshan District early in August 2013 held the "Beijing Internet financial Industry base" of the unveiling ceremony, the country became the first listed Internet financial industrial base. The district also invested 100 million yuan a year to support the construction of the Internet financial industry base. In addition, Xicheng District, Changping District and Mentougou District are also ready to enter the Internet financial sector.

More and more Internet financial development boom

Aimed at the internet finance is also Shanghai, Zhejiang, Guangdong, Shenzhen and other regions. July 20, 2013, Shanghai Huangpu District launched the Waitan Financial innovation Pilot Zone, the first proposed will be the internet finance and private finance as the main body of innovation, service Shanghai International Financial Center construction. And Guangdong already has nearly 300 Internet financial platform, is also a peer-to-peer network loans active. Shenzhen is the birthplace of Tencent and other internet giants, the Internet financial development, services in the Pearl River delta Small micro-enterprises. In Zhejiang, Alibaba and other companies and the leadership of many small and medium-sized private enterprises under the support of the Internet financial industry spontaneous growth, from a system.

According to Romingxiong just published in the "Internet Finance" book, since 2012, the internet financial sector has set up 9 organizations, Zhongguancun accounted for 6; other regions have 3, including 2 in Shanghai and 1 in Guangdong.

"Beijing Haidian District in the development of internet finance is very good foundation." Romingxiong told the Daily economic news reporter.

The statistics show that by the end of 2012, the Haidian District credit franchise institutions reached 15, equity investment institutions 566, microfinance companies 8, Peer-to-peer Network loans and other Internet financial institutions nearly hundred, these institutions for small and medium-sized enterprises to finance more than 20 billion yuan. The rise of internet finance will continue to improve the financial support system and pattern of the whole stage of the development of the Haidian district covering small and medium enterprises.

The local government's Internet financial craze stems from the enormous potential of the industry. In the third party payment, 2011 ~2013 July, the central bank has issued 250 third party payment licences, China UnionPay, Alipay, Tenpay, Fast money payment, Yeepay payment, remit the world and so on belong to this column. Eric Consulting data show that 2012 domestic third-party payment market transactions have reached 12.9 trillion yuan, including online payments accounted for 28.3%, offline payment accounted for 68.8%, mobile payment accounted for only 151.14 billion yuan. "Online payments are about 3.66 trillion yuan, with an average annual growth rate of 111% per cent over the past 7 years. ”

Peer-to-peer network lending from the 2006 after the development of the situation, to 2013 a blowout. "China peer-to-peer lending Service Industry White Paper 2013" shows that in 2012, the loan services platform over 200, the statistics of the online borrowing balance of nearly 10 billion yuan, the number of investors more than 50,000 people. "Net loan Home" site estimates, as of September 2013, Peer-to-peer Network loan platform number of about 500, since September, the average daily online new platform has 3~4 home, the end of the year is expected to break through 800.

Investment in the Internet financial sector has also shown a high degree of concern. The IT orange study statistics The 245 companies tracked in the investment and financing events since 2010, the Internet financial sector has occurred 58, accounting for 24%.

Legal gaps need to be filled

However, as an emerging industry, internet finance is also a combination of innovation and risk, "running" incident is not uncommon.

December 17, 2012, "Aetna excellent" website to stop running, as of the afternoon, the client was 1.3 million yuan by the Fund; the same year December 21, another network loan platform boss to flee, the month of 25th has more than 20 million yuan customer funds are stuck.

Romingxiong in the book "Internet Finance" from the systematic, liquidity, credit, technology, operability, market, country, law and reputation 9 aspects, the system analyzes the Internet financial risks, pointing out that the crux of the problem is the Internet financial legal environment lag, a large number of legal gaps to make unmanned supervision. He suggested that the relevant departments of the State should determine the subject of supervision as soon as possible, strengthen the process monitoring, explore the industry admittance system, perfect the exit mechanism, gradually fill the gaps in law and reform the backward rules.

Take Zhongguancun, Romingxiong told the Daily economic news reporter, because there is no clear definition of Internet financial enterprises and defined, there is no relevant regulatory departments or authorities on the implementation of Internet Finance Management, Zhongguancun Internet financial Enterprises lack of norms-some registered capital of 100,000 yuan small companies, There are also some registered capital of 5 million yuan investment consulting company, no financial experience, no risk control ability, began to do internet finance, there is a certain risk.

"The government should regulate it properly, and resolutely crack down on the black Sheep and guide and support the good Internet financial enterprises." "Romingxiong said that the lack of definition of internet finance and regulatory deficiencies, so that Beijing Haidian District can not standardize the work of internet financial enterprises," can only do some promotional work, such as industrial agglomeration, rent subsidies, tax concessions, as well as the establishment process of business sector coordination. "

In this respect, Zhongguancun Management committee set up the Zhongguancun internet Financial Industry Association, and will support the association to integrate industry development resources, promote the development of the Internet Financial industry rules and standards, guide the development of health norms, and gradually establish the Internet real name database, promote the data sharing between enterprises, establish a detailed credit information database Introducing standard scoring system to realize risk control and credit grade normalization.

The Deputy Secretary-General of Zhongguancun Internet Financial Industry Association said to the daily economic news reporter, the association has just been established, has not normally carried out work, currently only identified office space.