An Empirical Study of the Impact of Internet Finance on Chinese Residents Consumption - Taking the Cosmetics Industry as an Example

This study focus on the impact of Internet finance on Chinese consumers' online shopping cosmetics consumption. Modeling research on time series data of third-party payment and per capita income, and online shopping cosmetics. The study found that there is a long-term stable relationship between these three variables in the past decade. Finally, conclusions and suggestions are put forward.