Zhu Yunlai: Internet Banking Is Most Feared.

The 2015 annual meeting of the Boao forum for Asia was held in Boao, Hainan, China in from March 26th to 29th. The theme of this year's forum is "a new future for Asia: towards a common destiny".

On the 26 day of the "Internet Banking: self discipline and supervision" sub forum, Zhu Yunlai, a special researcher of the China Science and Technology Development Strategy Research Institute, said that Internet finance is essentially financial, and the Internet is only a means. He believes that although Internet finance is a good exploration, it is far from simple as investors think.

Zhu Yunlai said that he was most afraid that the development of Internet finance would become a sport. When everyone was not very clear, he would step in. Finally, he could not bear it.

The following is part of the speech record:

Zhu Yunlai: first, let's talk about the Internet and finance. Because we all see that the Internet has developed more rapidly in recent twenty or more years. Indeed, we can quickly and convey information to all sides, the efficiency of interaction is greatly enhanced, this is indeed the most important moving place.

however Finance In the final analysis, it was finance, when someone stressed whether it was called Internet finance or finance. Internet 。 Some people say that this is not the financial Internet, not that the Internet is just for finance. After all, Internet finance is a concept with a very Internet concept.

In fact, it is not a bit of a truth either. I still tend to think that finance is after all financial. For example, P2P, of course, has a good way to arrive quickly. Long tail effect And so on. But I think it has a problem, actually underestimated the risk of lending, especially small scale is very difficult to judge. To figure out every loan, I remember the last symbolic 5000 yuan loan. These 5000 yuan loans, you say that everyone is like a duck, why do they like it so much, or because there is a return. The problem is that this return can not be too low. For 2%, we are not so enthusiastic, at least 8% or 10%.

I think Internet finance itself is a good exploration because of this convenience. On the other hand, we have a prospect for finance, that is, to judge every loan. It is very difficult for enterprises to have prospects. For traditional financial enterprises, they are not used to the internet shortcut. They are too slow and have problems.

As an Internet user, do we underestimate the problem of financial risk? It is to make it systematic. Now it's so busy... I think the most important thing is to let the market try. For investors trying to invest, be careful. I'm afraid it's not as simple as you think. Participants are not from the financial system. The traditional concept of financial system is too old. The new generation of the Internet has a strong ability to innovate. I think this is a complex phenomenon.

As for how to manage, core management is how to control risks. If everyone involved knows this risk, you know that there may be a great risk of loss, but you can bear it and be willing to try it. Many of the future will be known only after trial. The fear is to become a sport. When you are not very clear, you can step in, and finally you will not be able to bear it.