Internet consumer finance business is supervised by the People's Bank of China. In P2P loans, the CBRC is responsible for supervision. To clarify the nature of information intermediary, it is mainly to provide information services for both borrowers and borrowers to borrow directly, and not to provide credit enhancement services or illegal fund-raising.

We should actively encourage the innovation of Internet financial platforms, products and services, stimulate market vitality, support qualified financial institutions to build innovative Internet platforms, and carry out online banking, Internet securities, online insurance, online fund sales, online consumer finance and other businesses; Support Internet companies to set up Internet payment institutions, peer-to-peer lending platforms, equity crowdfunding platforms and online financial product sales platforms according to laws and regulations; Encourage e-commerce enterprises to build and improve the online financial service system and effectively expand the e-commerce supply chain business under the conditions of complying with financial laws and regulations; Encourage employees to actively carry out product, service, technology and management innovation to enhance the core competitiveness of employees.

The People's Bank of China shall, jointly with the financial supervision department, implement supervision according to the division of responsibilities and formulate relevant supervision rules. It is also required that, unless otherwise stipulated, employees should choose qualified banking financial institutions as fund depository institutions to manage and supervise client funds and realize separate account management of client funds and employees' own funds. The customer's fund depository account shall be subject to independent audit, and the audit results shall be disclosed to the customer.