The outstanding amount of credit card year-end loan balance in China amounted to 6.85 trillion yuan in 2018, showing a continued rise of over 20 percent annually. The surging digital payment services did not reduce the credit card usage in China. Since Chinese individuals had only half of a credit card on average in 2018, the credit card market was expected to grow in the future.
Amount of the credit card year end loan balance in China from 2012 to 2018
(in trillion yuan)
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DBS Group Research. (June 13, 2019). Amount of the credit card year end loan balance in China from 2012 to 2018 (in trillion yuan) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1040752/china-credit-card-market-scale-year-end-loan-balance/
DBS Group Research. "Amount of the credit card year end loan balance in China from 2012 to 2018 (in trillion yuan)." Chart. June 13, 2019. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1040752/china-credit-card-market-scale-year-end-loan-balance/
DBS Group Research. (2019). Amount of the credit card year end loan balance in China from 2012 to 2018 (in trillion yuan). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1040752/china-credit-card-market-scale-year-end-loan-balance/
DBS Group Research. "Amount of The Credit Card Year End Loan Balance in China from 2012 to 2018 (in Trillion Yuan)." Statista, Statista Inc., 13 Jun 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1040752/china-credit-card-market-scale-year-end-loan-balance/
DBS Group Research, Amount of the credit card year end loan balance in China from 2012 to 2018 (in trillion yuan) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1040752/china-credit-card-market-scale-year-end-loan-balance/ (last visited November 10, 2024)
Amount of the credit card year end loan balance in China from 2012 to 2018 (in trillion yuan) [Graph], DBS Group Research, June 13, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1040752/china-credit-card-market-scale-year-end-loan-balance/
