How about the guarantee industry? Is there a future for this industry?

In recent years, China's guarantee industry has experienced a rapid development period. From the outbreak of the financial crisis in 2008 to the period of 20 1 1, China's guarantee industry was in a stage of rapid development, and the number of guarantee institutions increased significantly. According to the data of the Analysis Report on Market Foresight and Investment Strategic Planning of Guarantee Industry released by Foresight Industry Research Institute, there were only 4,200 in 2008 and 2,065,438. Under the background of the rapid increase in the number of institutions, the problems existing in China's guarantee industry are gradually exposed, and the industry has serious disorderly management. Some guarantee companies engage in private lending in the name of "guarantee", and even some guarantee companies are involved in venture capital or direct investment business, which undoubtedly poses a serious threat to the guarantee industry.

In order to standardize the operation of China's guarantee industry, in 20 1 1 year, the guarantee industry was reorganized all over the country, and the guarantee industry was changed from filing system to business license system. This reorganization has brought a "big reshuffle" to China's guarantee industry, making the development of China's guarantee industry tend to be standardized, and many guarantee institutions with irregular operations have been eliminated by the market. For example, by July of 20 12, in Zhejiang Province, a five-year plan for the development of financing guarantee industry released in May of 20 12 was clearly put forward, and by the end of 20 16. In 20 12 years, due to the rectification of the industry, the number of guarantee institutions in China increased slightly, and the number of guarantee institutions only increased by 188, and the increase rate of guarantee institutions decreased significantly.

According to the analysis of Forward-looking Industry Research Institute, after industry rectification, the operation of China's guarantee industry is indeed gradually standardized, but there are still a few speculative institutions, which makes the violation of the guarantee industry still frequent.

In recent years, guarantee institutions have withdrawn from the market, and the development prospect of the industry has also been cast a shadow. More and more guarantee institutions finally chose to withdraw from the market out of concern about the industry prospects. Although the overall operation of China's guarantee industry is facing a severe situation at present, actually delisting is not necessarily a good thing for the guarantee industry, because from the perspective of the number of institutions, there are a large number of guarantee institutions in China, and the withdrawal of some small and medium-sized credit guarantee institutions will make the polarization pattern of China's guarantee industry more and more big. In the future, the scale of powerful state-owned guarantee institutions will become larger and larger, while a large number of weak private guarantee institutions will still face transformation and withdrawal.

After the reshuffle of the industry, Forward-looking Industry Research Institute believes that the guarantee industry in China will gradually get out of the market haze in the future. With the gradual standardization of the industry and the continuous innovation in the business field, the guarantee industry in China will also usher in a better tomorrow.