Consumer Credit Forecast to hit 37 Trillion by 2019

EO: 混战消费金融
consumer credit market will usher in huge opportunities for development. Whether the central bank credit card, consumer finance companies, or to BAJ (Baidu, Ants Financial, Jingdong Finance) as the representative of Internet financial institutions are planning how to win a share of one trillion blue ocean market. 2016 government work report will undoubtedly aggravate the market competition.

"In the nationwide consumer finance company pilot, to encourage financial institutions to innovative consumer credit products." 2016 government work report the case statements. Market from banks is expected, by 2019 China will be the scale of consumer credit more than 37 trillion. However, market participants all, who better to win consumers?
Currency adjusted that might be more like a 50 trillion market.

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