Over the past 20 years, the Internet has started from scratch, from slow to rapid development in China, and not it has gradually extended from the daily application sector to the financial sector. As commanding height of the entire financial innovation, Internet finance (ITFIN) has worked as the innovative financial model to rebuild functions such as the financial payment mode, informational processing and resource allocation and raise the fund accommodation and financial service efficiency based on big data, cloud computing and mobile Internet technologies. This article briefly analyzes the development of ITFIN business in China, including Internet payment, financial products, P2P, crowd-funding and Internet securities as well as insurance, and then forecast the future developing tendency of the main ITFIN forms and elements such as mobile Internet payment, P2P lending and crowd-funding in China.
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