It has been more than a year since Yu'ebao went online on June 13th, but the enthusiasm driven up by it is still in the ascendant. ANBOUND think tank scholars think that the prosperity of China’s internet finance is, to a large extent, an arbitrage to current system. With the marketization of interest rate and the gradual improvement of China’s system, the internet finance will be regularized and become a regular business in China’s future financial industry. The development of internet finance needs to be matched up with the construction of social credit and regulatory system. Market, society and regulation need to step into maturity jointly.