B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
6.2%
6.2% -- household consumption loan growth rate for China household consumption loans (excluding mortgages) (2024)
By the end of 2024, the outstanding balance of household consumption loans in China, excluding house mortgages, saw year-on-year growth of 6.2 percent.
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
6.2%
Unit
Percentage
Data Vintage
2024
Entity
Geography
CN
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
People's Bank of China
Primary
Tier A
https://martechasia.net/pr-newswire/global-times-chinas-dual-subsidies-use-targeted-incentives-to-fu… ↗
Source Article
Global Times: China's 'dual subsidies' use targeted incentives to fuel spending spree | MartechAsia
BEIJING, Sept. 8, 2025 /PRNewswire/ — On September 1, policies such as interest subsidies for qualifying personal consumption loans officially took effect, according to the Xinhua News Agency.
A netizen from people.cn asked recently that from the earlier large-scale equipment upgrades and trade-in o…
Original Research
People's Bank of China
· Original study ↗
Methodology
Year-on-year growth, People's Bank of China data
Methodology documented
Segmentation
Industrymarketing_tech
RegionCN
Cite this stat
Plain Text
China household consumption loans (excluding mortgages): 6.2% household consumption loan growth rate. Source: People's Bank of China (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/china-consumption-loan-growth-2024
HTML Embed
<blockquote cite="https://lighthousedata.io/data/china-consumption-loan-growth-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>6.2%</strong> -- household consumption loan growth rate for China household consumption loans (excluding mortgages)<br><small>Source: People's Bank of China (2024) · <a href="https://lighthousedata.io/data/china-consumption-loan-growth-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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