Author(s)

Aoqi Xu^1*, Wei Guo², Min Li³

Affiliation(s)

¹ School of Economics, Fujian Normal University, Fuzhou350007, China;

² School of Credit Management, Guangdong University of Finance, Guangzhou510521, China;

³ Digital Economy Academy, Yango University, Fuzhou 350015, China.

Corresponding Author

Aoqi Xu, email: hgzdy5843@163.com

ABSTRACT

This paper uses literature research method and comparative analysis method. By collecting and collating relevant data and information, and studying papers and writings on the construction of credit systems at home and abroad, we understand some of the current research on the construction of credit systems under Internet finance. Then, the three mainstream models of personal credit system in developed countries, namely the market-led model represented by the United States, the government-led model represented by the European Union and the industry association-led model represented by Japan, are compared and analysed, from which some experiences that can help to improve the construction of credit system in China are drawn. After that, we discuss the current situation of credit system construction under the Internet finance in China by combining relevant information and table data. The problems that exist in the development of China's credit system under Internet finance are then presented. This is followed by a case study of Sesame Credit to provide some reference for the construction of China's credit system. Some countermeasures and suggestions are given in conjunction with the current situation and problems of credit system construction. Finally, the following conclusions are drawn on how to build and improve China's credit system under Internet finance: 1. Improve laws and regulations related to credit collection in Internet finance. 2. Establish a unified standard for credit data processing. 3. Strengthen credit publicity and education.

KEYWORDS

Internet finance; Credit system; Sesame credit.

CITE THIS PAPER

Xu Aoqi, Guo Wei, Li Min. Research on the construction of china's credit system under internet finance -- taking sesame credit as an example. Eurasia Journal of Science and Technology. 2023, 5(1): 15-26.

REFERENCES

[1]Zhaoyuanbo. International experience in the constr uction of Internet financial credit reporting syste m and the choice of Chinese model [j]. credit, 2018,36 (03): 63-67

[2]Fengyumei. Research on the construction of China 's Internet financial credit reporting system [d]. Sichuan Agricultural University, 2019.doi:10.273 45/d.cnki.gsnyu.2019.000163 

[3]Duan Yu. Research on the current situation and p roblems of personal credit reporting in China u nder the background of Internet Finance [j]. tim es finance, 2020 (23): 130-131 

[4]Guotingyu, liuhuiyao, zhuyeting Development and improvement of personal credit reporting syste m in the context of Internet Finance -- Taking sesame credit as an example [j] Market research, 2020, (06): 30-31 

[5]Niuguoliang, Gao Na. Research on the impact of Internet Finance on the construction of China's credit reporting system and Countermeasures [j]. Journal of Beijing Vocational College of econo mics and management, 2020,35 (04): 23-27 

[6]Freedman s and Jin g Z. dynamic learning and s election: the early years[d] Working paper, Univ ersity of Maryland, 2008 

[7]Viktor m s, Kenneth C. big data:a revolution that will transform how we live, work and think[m] Hangzhou: Zhejiang people's publishing house, 2012 

[8]Wen Yanzhang. Research on the construction of personal credit reporting system under Internet Finance [d]. Qinghai Normal University, 2021 

[9]Shu Yifeng. Research on the improvement of pers onal credit reporting evaluation system in Intern et Finance [d]. Nanchang University, 2020 

[10]Xuyihang, zhousiyuan, Cheng Xinyi, Li Wei, Ga o Chengyou. Analysis and Research on credit p roducts under the background of Internet Financ e -- Taking ant Huabai and Jingdong Baitiao as examples [j]. times finance, 2020, (07): 43-44 

[11]Zhangyongze. Research on the construction of p ersonal credit reporting system of Internet Finan ce [d]. Southwest University of political science and law, 2019 

[12]Shi cexin. Research on the construction of Chin a's personal credit reporting system under the b ackground of Internet Finance [d]. Hunan Agric ultural University, 2019 

[13]Pomegranate. Research on the improvement of p ersonal credit reporting mode under the backgro und of big data [d]. Northeast University of Fin ance and economics, 2019 

[14]Limengyue. Research on the construction of cred it reporting system in the context of Internet Fi nance [d]. Tianjin University of Finance and ec onomics, 2018 

[15]Lixiaogang. Research on the construction of pers onal credit reporting system of Internet Finance [d]. Zhejiang University, 2017 

[16]Xu Wei. Research on the construction of person al credit reporting system of Internet Finance in China [d]. Jiangnan University, 2017 

[17]Wang Biao. Research on credit reporting under t he Internet finance model in China [d]. Universi ty of international business and economics, 2015 Duxiaofeng. Research on the construction of China's Internet financial credit reporting system [d]. Xiamen University, 2014