Legal analysis: Peer-to-peer lending includes personal peer-to-peer lending (P2P peer-to-peer lending) and online micro-loans. Personal peer-to-peer lending refers to direct lending between individuals through the Internet platform. Direct lending on the personal peer-to-peer lending platform belongs to the category of private lending, which is regulated by the Contract Law, General Principles of Civil Law and other laws and regulations as well as relevant judicial interpretations in the Supreme People's Court. Personal peer-to-peer lending should adhere to the platform function and provide intermediary services such as information exchange, matchmaking and credit evaluation for investors and financiers. Personal peer-to-peer lending institutions should clarify the nature of information intermediary, mainly providing information services for direct lending by borrowers and borrowers, and not providing credit enhancement services or illegal fund-raising. Network micro-loan refers to the micro-loan provided to customers by Internet companies through their holding micro-loan companies. Network microfinance should abide by the existing regulations of microfinance companies, give full play to the advantages of peer-to-peer lending, and strive to reduce the financing costs of customers. P2P loan business is supervised by China Banking Regulatory Commission.

Legal basis: Regulations on the Establishment and Establishment of Local People's Governments at Various Levels.

Article 9 The establishment, cancellation, merger or change of specifications and names of administrative agencies of local people's governments at various levels shall be proposed by the people's governments at the corresponding levels, and shall be reported to the people's governments at the next higher level for approval after being examined by the staffing administration organs of the people's governments at the next higher level; Among them, the establishment, cancellation or merger of administrative agencies of local people's governments at or above the county level shall also be reported to the Standing Committee of the people's congress at the corresponding level for the record according to law.

Article 10 Where the administrative organs of local people's governments at various levels have the same or similar responsibilities, in principle, they shall be undertaken by one administrative organ. If there are objections to the division of responsibilities between administrative agencies, they should take the initiative to resolve them through consultation. If consensus is reached, it shall be reported to the people's government at the same level for the record; In case of disagreement through consultation, it shall be submitted to the organization and staffing administration organ of the people's government at the corresponding level for coordination and submitted to the people's government at the corresponding level for decision.

Eleventh local people's governments at all levels should strictly control the establishment of deliberative and coordinating bodies; If the functions can be entrusted to the existing institutions or the problems can be solved by the existing institutions, no other deliberation and coordination institutions will be established. The deliberation and coordination body established to handle a specific work within a certain period of time shall clearly stipulate the conditions and time limit for its revocation.

Twelfth local people's governments at or above the county level shall not set up a separate deliberation and coordination office, and the specific work shall be undertaken by the relevant administrative agencies.

Article 13 The administrative organs of local people's governments at various levels shall set up necessary internal organs according to the needs of their work and the principle of being capable. The establishment, cancellation, merger or change of specifications and names of administrative agencies of local people's governments at or above the county level shall be reported by the administrative agencies to the staffing administration organs of the people's governments at the corresponding levels for examination and approval.