Jiao Jinpu, the director of the Financial Consumer Protection Bureau of the People's Bank of China, said at the China Internet Financial Forum on July 10 that, the Internet finance increased the resource allocation efficiency, reduced the transaction costs, but at the same time brought the risks of personal information leakage, fund loss, etc. As the new financial mode, the current supervision was not complete, so we should specify the supervising duties of the authorities as soon as possible. He also expressed that works in three aspects should be done for consumer rights protection in addition to specifying the supervision duties: 1. Promoting and improving the legal system framework of Internet financial consumer protection; 2. Building the channels for compliant acceptance of Internet financial consumption, and 3. Conducting the education of Internet financial consumption and improving the risk awareness and self-protection ability.