Analysis on the Development of Auto Finance in China
- DOI
- 10.2991/assehr.k.210407.103How to use a DOI?
- Keywords
- auto, auto finance, bank, auto finance company
- Abstract
With the continuous improvement of China’s technological level and innovation capabilities, the automobile industry is developing rapidly, and a large number of self-produced and manufactured local brands of automobiles are put on the market.[1] With the rise of the auto industry, the auto finance business has gradually emerged. Banks, auto finance companies, leasing companies and other institutions have stepped into this field.[2] Auto finance has helped auto sales and effectively solved the financial problem of consumers buying cars.[3] However, as the auto finance business has grown and developed, many problems have also emerged. [4] This article expounds the current situation of my country’s automobile industry, the current situation of automobile finance, and the problems existing in the automobile finance business, and proposes countermeasures to the problems.[5]
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - JinJian Song PY - 2021 DA - 2021/04/08 TI - Analysis on the Development of Auto Finance in China BT - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021) PB - Atlantis Press SP - 527 EP - 530 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210407.103 DO - 10.2991/assehr.k.210407.103 ID - Song2021 ER -