2026-01-01 13:17:41

A recent number is quite sobering—between January and November 2025, new resident loans totaled only 533.3 billion yuan.

What does this mean? Compared to 2.37 trillion yuan in the same period in 2024, it has decreased by a full 77.5%. Looking further back, the peak in 2021 was 7.55 trillion yuan, which was truly a highlight.

Why should we pay attention to this indicator? Because it directly reflects where people's money is going.

Resident income basically has three options: invest, save, or spend. Fewer loans mean what? Either fewer people are borrowing, or people are afraid to borrow. Neither is a good sign.

Look at the ratio of deposits to loans—that can reflect a shift in the overall attitude of residents. A sharp decline in loans usually indicates weakening consumer confidence, and people are becoming more cautious about future spending plans.

From 533.3 billion to 2.37 trillion yuan, this gap is not just a numerical change; it reflects a deep adjustment in market expectations and resident behavior. Understanding this trend may help us better grasp the true state of the current economy.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
8
Repost
Share

Comment

0/400

DecentralizedElder

· 1h ago

Oh my god, dropping directly from 2.37 trillion to 533.3 billion... This isn't data, it's like a horror movie. Honestly, people who still dare to borrow money in this environment are really brave. The signal of saving money and not taking out loans is very clear; everyone is stockpiling food.

View OriginalReply0

SellTheBounce

· 7h ago

77.5% decline... There's always a lower point waiting, only the brave dare to buy in now --- The loan crisis has reached this point, indicating that people are finally starting to be smart and no longer borrowing recklessly. This is actually a return to rationality --- From 7.55 trillion to 533.3 billion, history tells us that things that have fallen too far will continue to decline --- Consumer confidence is dead, but savings are piling up. The true human panic lies behind this contradiction --- Sell on rebound, this is the art of living. Let's wait for this round of "bottom" to truly appear --- People are afraid to borrow money... Isn't this just saying that the market bottom hasn't been established well? Keep watching downward --- The highlight of 2021 is over, now is the era of bagholders retiring --- Wow, a 77.5% drop and we're still discussing trends. I'm just waiting for the moment it breaks through the psychological bottom --- Saving money instead of borrowing, the common people have finally seen through it. Historical experience tells you this is just the beginning

View OriginalReply0

CommunityWorker

· 15h ago

77.5%? Is that real? That number is incredible. Has everyone started saving money?

View OriginalReply0

DegenDreamer

· 01-01 13:47

77.5% decline, this data really can't be sustained... Speaking of which, who still dares to borrow money casually now? Risk awareness is at an all-time high. Saving money is the way to go, but if this continues, how will the economy turn around...

View OriginalReply0

MetaverseLandlady

· 01-01 13:47

77.5% decline... This number is really hard to believe. People are starting to hold onto their wallets. Who still dares to borrow? From 7.55 trillion to 533.3 billion, it's only been a few years. How disappointed must everyone be to see such a sharp drop. The savings rate has increased, indicating that everyone is feeling uncertain. Consumer confidence is something that, once it drops, is hard to bring back. So now... no one dares to spend money?

View OriginalReply0

MEVEye

· 01-01 13:46

Everyone is hoarding money; who would dare to borrow? This is the difference in expectations.

View OriginalReply0

OnChainDetective

· 01-01 13:28

77.5% decline... There must be something fishy behind this; the flow of funds has clearly changed. Wait, 533.3 billion compared to 2.37 trillion, this data is way off. Need to carefully check the on-chain transfer records. What are the big players doing? With such a large-scale shrinkage of funds, there must be a destination. Are residents afraid to borrow money? Or are they being passively squeezed out? It's terrifying upon closer inspection.

View OriginalReply0

Web3Educator

· 01-01 13:23

ngl this residential lending collapse is giving major deflationary signals... 77.5% drop feels almost like a liquidity crisis disguised as consumer caution tbh

Reply0